iPhone supplier Foxconn facing tax audit, land use probe at key subsidiaries

Foxconn Technology Group is facing scrutiny through tax audits and on-site investigations at some of its…

Complicated rules make India seem permanently socialist

Next month, the long arms of the Indian tax official promise to be fun traveling abroad.…

ICAI plans guidelines to plug loopholes in audit

The Institute of Chartered Accountants of India (ICAI), the accounting rule-maker, will soon issue fresh instructions…

Government extends deadline for filing tax audit report till 7 October

The Income Tax Department has extended the due date for filing the tax audit report for…

Ready for Futures and Options? This way you will be taxed

“As a precautionary measure, my father’s chartered accountant suggested that I get my accounts audited so…