Chartered Accountants

Home Ministry asks CAs auditing NGOs’ returns to report violations of FCRA 

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Home Ministry asks CAs auditing NGOs’ returns to report violations of FCRA 

The Foreigners Division of the Union Ministry of Home Affairs (MHA) has released a set of new guidelines requiring Chartered Accountants (CAs) to submit audit returns for NGOs to disclose any violations of the Foreign Contribution (Regulation) Act, 2010 (FCRA). These updated regulations, announced last week, are aimed at further enhancing government efforts to ensure … Read more

215 held in two months in fake GST invoice fraud cases

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215 held in two months in fake GST invoice fraud cases

NEW DELHI: As many as 215 persons have been arrested in the last two months across the country in a drive against fake GST invoice fraud cases perpetrated through fake entities and fly-by-night operators who fraudulently availed input tax credit (ITC) in multi-layered scams. Those arrested by the Directorate General of GST Intelligence (DGGI) and … Read more