Finance

CBDT to validate UDIN generated from ICAI portal for Tax Audit Reports

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. […]

Technology

Govt bans 43 more Chinese apps

Ministry of Electronics and Information Technology, Government of India today issued an order under section 69A of the Information Technology Act blocking access to 43 mobile apps. This action was taken based on the inputs regarding these apps for engaging in activities that are prejudicial to the sovereignty and integrity of India […]

Business

Reliance Retail acquires Future Group

The Competition Commission of India (CCI) approves acquisition by Reliance Retail Ventures Limited (“RRVL”), Reliance Retail and Fashion Lifestyle Limited (“RRVL WOS”) of the retail and wholesale undertaking and the logistics and warehousing undertaking of the Future Group under Section 31(1) of the Competition Act, 2002, today. […]