The Centre for Audit Quality Committee of ICAI has developed an ICAI MSME Verification Tool to assist auditors in examining the MSME status of suppliers.
It is in the form of an executable (.exe) file which can fetch and compile data from the Udyam portal.
Smart features of the tool:
•Fast & accurate verification
•Easy data upload (CSV/Excel or manual)
•Real-time dashboard with clear status updates
•Distinguishes Micro, Small and Medium enterprises
•Identifies activities as Trading, Service and Manufacturing
•Indicates whether the MSME registration is currently active or not
Download the Tool using the Link: https://t.co/D0NTemk9ss
Warren Buffett turned 96 on August 30.
This year is a little different. After decades of running Berkshire Hathaway, Buffett handed over the CEO role to Greg Abel earlier this year.
A couple of years ago, we spent nearly 8 months going through 47 of Buffett’s shareholder letters and turned them into a 10-part Varsity series.
The interesting part about these letters isn’t just Buffett’s stock picks. They show how his thinking evolved over the years — on buying businesses, valuing companies, dealing with market crashes, capital allocation, management, mistakes, temperament, and of course, the influence of Charlie Munger.
Now, with Berkshire entering a new era, it felt like a good time to bring this series back.
If you want to understand Buffett beyond the famous quotes, this is a good place to start. Check the link in the comments.
| History tells us what we can establish happened |
| Mythology tells us
What the best in people believed,
What they feared,
What they hoped,
What the world meant to them
& their Imagination of a fulfilled life.
What elevates sacred texts is that they are cultural tenets & not part of history.
Mythology gives meaning to the abstract like Love, Duty, Desire, Destiny & much more.
Mythology holds ground in every time period & beyond it.
History documents periods.
Now you can go back to abusing me.
The ICAI President, Vice President, and Council Members should not act as "politicians" or make unsubstantiated claims about the demand for 50 lakh CAs in India. As a professional body, ICAI's success is not dependent on a massive membership. Indiscriminate increases in CA membership, irrespective of actual need, will not enhance the profession's prestige.
Bir Kere Girince Saatlerce Çıkamayacağınız 50 Site
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İnternet, algoritmanın önünüze koyduğu o beş siteden ibaret değil.
PM CARES Fund has recently uploaded its Receipt and Payment Accounts (Audited) for the years 2023 24 and 2024 25. Few observations:
1. As on 31.03.2025, the closing balance in PM CARES Fund across Savings and Fixed Deposits stands at a staggering Rs 84,52,06,70,758. A fund of this scale sitting largely idle raises serious questions about deployment intent.
2. Fresh receipts stood at Rs 12,79,91,28,444 in FY 24-25 and Rs 9,04,94,96,492 in FY 23-24. With reserves this massive, why is the fund still soliciting and accepting public contributions?
3. Payments were a mere Rs 87,84,840 in FY 24-25 and Rs 15,59,99,669 in FY 23-24. Against a corpus exceeding Rs 8,400 Crore, this is virtually no spending.
4. Bank Charges and SMS Charges in FY 23-24 stood at Rs 22,43,309, a multifold and unexplained spike compared to both FY 22 23 and FY 24 25.
5. Both the FY 23-24 and FY 24-25 Receipts and Payments Accounts are being signed only in August 2026, years after their respective year ends.
6. UDIN is missing from both audited accounts, despite being an ICAI mandated requirement for attestation since 2019.
7. Receipts and Payments Accounts carry no verifiable signatures, only scanned marks.
8. Only the Receipts and Payments Account has been uploaded, with no Income and Expenditure Account and no Balance Sheet. For a trust holding over Rs 8,400 Crore, withholding accrual based financials from public view is a significant transparency failure.
Link: https://t.co/zR39lUj5Gq
Finally the audit statement of PMCARES Fund for 2024-25 has been made public! Key highlights-
-Utilised only 0.01% of available ₹ 8,452 crore! Why is the PMCARES Fund keeping such large sums of money idle?
-324 crore was refunded by implementing agencies- but no info on what these payments were for and why these were refunded? Which agency refunded? Were refunds done to evade accountability for faulty equipment?
-Why have accompanying notes to the audit report not been uploaded?
A fund set up to help citizens during disasters, which has accumulated thousands of crores (including from foreign sources), is shrouded in secrecy. Still no information available on sources of funds. The PMCARES Fund continues to evade public scrutiny by refusing to submit itself to the RTI Act.
PM Cares Fund
Audit done for FY 2023-24 and 2024-25 together nearly after a gap of 2 years, after highlighted by social media.
The Audited statements uploaded on website does not have UDIN (Unique Document Identification Number) as mandated by #ICAI@NileshVik@kamleshvikamsey , may be because of oversight.
Kindly ask PMO to correct this. @PMOIndia
#PMCares
PM CARES Fund Audited Financial Statement Finally Published
Lets Decode It !
Recieved Contribution - ₹1280 Cr
Utilised Contribution - ₹87.85 Lacs
Two Main Concern Visible From This FS
1. Only 0.06% Fund Utilised against Receipts
2. This FS are audited just 10 Days Ago. which raise serious question that why Audit is 1.5 Years late ?
Any Specific Reason ???
This picture still hurts me even today. I might forget the dream of 10k Test runs one day, but I will never forget this picture and the politics that were played
Think I'll retire being a cricket fan after next year's WC. From here onwards I'm only there till Kohli plays. It's been a good decade and a half of following this sport. Time to bid my farewell as a continuous watcher soon.