@atulmodani Welcome move. Would this also be an appropriate time for ICAI to consider whether the current "Recommended Minimum Fees" framework needs to be strengthened in a legally sustainable manner?
BREAKING: Iran rejects Axios new claim that FM Araghchi is traveling to Switzerland Saturday for negotiations, saying no meeting or negotiations will take place and no delegation will attend now or in the future unless Article 13 of the MOU is fully implemented first, per Tasnim.
Article 13 requires the US to first implement an immediate end to all military operations in Lebanon including permanent Israeli withdrawal, issue Treasury waivers for Iranian oil and financial transactions, and release all frozen Iranian funds up to $100 billion. Unless the US fulfills these demands, all negotiations including nuclear remain cancelled.
"A home should bring a family happiness and prosperity. It should never become the reason for their misery. If a home purchase is causing someone pain, relieve them quickly and never penalise them. We can never prosper at the cost of someone else's suffering".
A great Noble Thought.
"Today's CA Final results bring both celebration and disappointment in equal measure."
"To all the newly qualified CAs🎓Congratulations! You've earned this. Your hard work, sacrifices, and sleepless nights have finally paid off. This is the start of a brilliant journey ahead. 🎉
"And to those who didn't make it this time — please don't lose heart. This result doesn't define your worth or your future. Every attempt has taught you something the books never could. Take a breath, regroup, and come back stronger. Your CA tag is only a matter of time💪."
I have felt both emotions and to me truly what matters is how successful I am today.
#CharteredAccountant
1 Trillion Dollar.
Elon Musk.
If you spent $1 Million every single day...It would take you 2,740 YEARS to spend $1 Trillion.
SpaceX
$1 Trillion is not an amount.
It's a consequence.
Of obsession.
Of vision.
Of refusing to stop.
The world is heading toward a future where:
AI will write. Robots will build. Algorithms will decide.
But trust, character, judgment, and empathy will become even more valuable.
Technology will be abundant. Humanity will be scarce.
#AI
@dineshwadera Imagine this is one of the cases with such online complaince vendor which has come to notice. Deeper scrutiny of clients handled by him would uncover a graveyard for many.
FAST-DS 2026 — the foreign asset disclosure scheme for small taxpayers — has been enacted as part of the Income Tax Act 2025 in Union Budget 2026.
But here is what most people are missing:
The scheme is NOT yet operative.
The Central Government still needs to notify the start date via Official Gazette.
Form 72-DS is not yet live on the e-filing portal.
What the scheme covers when it opens:
— Category A: Undisclosed foreign income/assets ≤ ₹1 crore → Tax at 60% + full immunity
— Category B: Assets from taxed income, not reported in Schedule FA ≤ ₹5 crore → Flat fee of ₹1 lakh + full immunity
Who should be watching this closely:
Returning NRIs · ESOP/RSU holders · Young professionals with dormant foreign accounts
The moment the notification drops, the 6-month clock starts.
I'll post the moment it is notified.
Views personal. Not legal advice.
#FASTDS2026 #IncomeTax #ForeignAssets #BlackMoneyAct #ITAct2025 #CA
RCM under GST - Master Chart (For FY 2026–27)
Covers all RCM entries with HSN/SAC, GST rate, relevant exemptions - in a simple tabular format.
💻 Must-have for daily use - keep it handy on your desktop!
👥 Includes effective date for each entry - useful for past adjudication & audits for CAs, tax professionals, staff, accountants & finance teams
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Just got a call from Emudhra. They are updating the token version in September. So if yo have any empty tokens for downloading DSC the same should be utilised before September 2026 after which they will be useless. The tokens cant be returned in exchange for New version tokens as clarified by EMUDHRA.
🚨 No Change in rates of interest on various Small Savings Schemes for the first quarter of FY 2026-27, starting from 1 April, 2026 and ending on 30th June, 2026. 🚨