India’s markets regulator has extended the timeline to roll out algorithmic trading for retail investors, giving stock brokers more time to upgrade their computer networks for ensuring safer participation. Retail algo trading, which allows investors to use automated strategies via computer programs, will be offered through application programming interfaces (APIs). As part of the new … Read more
Markets regulator Sebi on Friday proposed tweaking its format for disclosure of corporate governance framework by High Value Debt Listed Entities (HVDLE). An entity having outstanding value of listed non-convertible debt securities of Rs 1,000 crore are referred to as ‘High Value Debt Listed Entities’. Under the proposal, an HVDLE should submit a secretarial compliance … Read more
Over 300 administrative staff of the Bharathidasan University (BDU) are on a sit-in protest on the varsity campus in Tiruchi since Thursday condemning non-issuance of audit certificates to retired employees. According to a statement on Friday by Bharathidasan University Staff Welfare Association (BUSWA) since 2022, 33 outgoing administrative workers of the institution had not been … Read more
Former President Donald Trump used a dubious accounting maneuver to claim improper tax breaks from his troubled Chicago tower, according to an IRS inquiry uncovered by The New York Times and ProPublica. Losing a yearslong audit battle over the claim could mean a tax bill of more than $100 million. The 92-story, glass-sheathed skyscraper along … Read more
Srinivasan K. Swamy, Executive Chairman of R.K. Swamy Hansa Group, has been unanimously elected Chairman of the Audit Bureau of Circulations (ABC) for the year 2023-2024. Srinivasan K. Swamy, Executive Chairman of R.K. Swamy Hansa Group, has been unanimously elected Chairman of the Audit Bureau of Circulations (ABC) for the year 2023-2024. Mr. Swamy currently … Read more
Photo used for representation purpose only. | Photo Credit: Reuters The Odisha government has announced to audit Caesarean section (C-section) delivery cases in all private hospitals. The decision to audit childbirth was taken after the government observed a sharp increase in caesarean deliveries between National Family Health Survey (NFHS)-4 of 2015-16 and NFHS-5 of 2019-21. … Read more
Inflation and lack of beds and staff could halt bid to cut long waits, National Audit Office says. Source link
The Central Board of Direct Taxes (CBDT) has said it will not grant further extensions for filing return for cases where audit reports need to be filed. The last date for filing the audit report is January 15 and for filing returns is February 15, for such cases. “All representations for further extension of the … Read more