The Institute of Chartered Accountants of India, in its gazette notification dated 2nd August 2019, had made a generation of UDIN from ICAI website www.icai.org mandatory for every kind of certificate/tax audit report and other attests made by their members as required by various regulators. This was introduced to curb fake certifications by non-CAs misrepresenting themselves as Chartered Accountants. […]
Prime Minister Narendra Modi launches platform for “Transparent Taxation – Honouring the Honest”; Tax system aims to be Seamless, Painless, Faceless; Says the number of taxpayers is significantly low with only 1.5 Crore paying taxes in a country of 130 Crore people; Prime Minister urges people to introspect and come forward to pay Income taxes due on them to build an AtmaNirbharBharat; With the launch of the Tax Charter, the taxpayer is assured of fair, courteous and rational behavior; Faceless appeal will be available across the country from 25th September i.e. Deen Dayal Upadhyay’s Birth Anniversary; “Banking the Unbanked, Securing the Unsecured, Funding the Unfunded and Honoring the Honest” – Focus of the Government; Emphasis is on making every law and policy People-Centric and Public Friendly rather than Power Centric. […]
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