Ga onbeperkt met Magzter GOLD
Krijg onbeperkte toegang tot meer dan 9000 tijdschriften, kranten en Premium-verhalen voor slechts
Poging GOUD - Vrij
HC rules NFRA can probe audits before its creation
Financial Express Kochi
|June 25, 2025
New penalties can't be imposed, court order adds
The Telangana High Court's recent ruling that the National Financial Reporting Authority (NFRA) can investigate chartered accountants for audits conducted before its formation in October 2018 would strengthen the hands of the regulator. The order makes it clear that NFRA could take definitive action against errant auditors, even in past cases. However, the ruling prevents the NFRA from imposing penalties higher than those prescribed in the period when the lapse occurred.
Experts said the HC order allows NFRA to look into audit lapses in a whole lot of old cases and increases the scrutiny risks for auditors. Even high-profile cases like IL&FS and DHFL could feel the impact.
Dit verhaal komt uit de June 25, 2025-editie van Financial Express Kochi.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN Financial Express Kochi
Financial Express Kochi
IMF directors urge India to replenish fiscal buffers
WHILE FISCAL CONSOLIDATION has progressed, achieving the fiscal deficit target remains challenging, necessitating disciplined spending and strengthened fiscal buffers to safeguard stability, the International Monetary Fund executive board directors in their report.
1 min
November 27, 2025
Financial Express Kochi
Change mindset for manufacturing push: Godrej
WE ARE LOOKING TO LIMIT PRICE INCREASES TO ABOUT 5-7% POST NEW BEE NORMS
1 mins
November 27, 2025
Financial Express Kochi
Google Cloud sees govt tie-ups rise
· Cybersecurity threats & DPDP compliance fuel demand surge
1 min
November 27, 2025
Financial Express Kochi
When humans & Al create value together
WE'RE AT AN inflection point.
1 mins
November 27, 2025
Financial Express Kochi
SBI’s NIM target of 3% safe even if RBI cuts rate: Setty
STATE BANK OF India is confident of achieving its 3% net interest margin (NIM) guidance even if the Reserve Bank of India (RBI) decides to cut the repo rate by 0.
1 mins
November 27, 2025
Financial Express Kochi
US-Russia talks gain momentum
A SENIOR KREMLIN official confirmed Wednesday that US special envoy Steve Witkoff is set to visit Moscow next week as efforts to find a consensus on ending the nearly four-year war between Russia and Ukraine pick up speed.
1 min
November 27, 2025
Financial Express Kochi
UK cuts tax-free allowance for cash savings
BRITISH FINANCE MINISTER Rachel Reeves delivered a budget on Wednesday that will take more tax from workers, people saving for a pension and from investors to give herself more room for meeting her borrowing targets.
1 mins
November 27, 2025
Financial Express Kochi
Reliance JV to build AI data centre
THE ANDHRA PRADESH government has assured full support for the Digital Connexion project, including assistance with land allotment, power infrastructure, connectivity,and timely clearances.
1 min
November 27, 2025
Financial Express Kochi
Indices near all-time high as bears go into hiding
· DIIs pump in ₹7 lakh crore, highest in a year
1 mins
November 27, 2025
Financial Express Kochi
When tax meets technology
Tax is one area where the govt has moved far ahead in adopting technology and digitisation. Professionals must catch up with the digital architecture in place
3 mins
November 27, 2025
Listen
Translate
Change font size