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News
Advance Tax Deadline: September 15 Is The Last Date For Second Instalment; Who Needs To Pay And How Much?
7+ hour, 33+ min ago (482+ words) Advance Tax Deadline: September 15 is an important tax deadline for taxpayers whose income-tax liability is not fully covered through TDS or TCS. Taxpayers who are required to pay advance tax must deposit the second instalment by tomorrow, September 15, 2026. Advance tax…...
Statement on Proposed Rescission of Rule 206(4)-5 under the Investment Advisers Act
1+ week, 3+ day ago (399+ words) Commissioner Mark T. Uyeda Official websites use.gov Secure.gov websites use HTTPS More in this Section Statement on Proposed Rescission of Rule 206(4)-5 under the Investment Advisers Act Sixteen years ago, the Commission adopted Rule 206(4)-5 under the Investment Advisers Act (“Advisers…...
The AI skills gap in accounting is structural, not technical
1+ week, 3+ day ago (408+ words) Since generative AI entered mainstream conversation, disruption has dominated the headlines. Will automation eliminate accounting jobs? Will finance teams get leaner, smaller and further removed from the strategic table? For many of us, AI has stopped being an isolated pilot…...
False info, real problems: Can accountants tame AI hallucinations?
1+ week, 4+ day ago (693+ words) Despite the rise of stringent governance and rigorous control structures, the infamous tendency of artificial intelligence to occasionally generate false information, also known as "hallucinations," remains stubbornly untamed by even the world's largest accounting firms. What becomes clear then is…...
SEC Proposes Amendments to Exchange Act Rule 3a12-8 to Add European Union Debt Obligations
2+ week, 2+ day ago (286+ words) The Securities and Exchange Commission today proposed amendments to Rule 3a12-8 under the Securities Exchange Act of 1934 to add the debt obligations of the European Union (EU) to the list of foreign government debt obligations designated as "exempted… Official websites use....
Taxation and Other Laws (Amendment) Bill, 2026: What Changes for Taxpayers and Investors? Explained
1+ mon, 1+ week ago (625+ words) The Lok Sabha has passed the Taxation and Other Laws (Amendment) Bill, 2026, to replace the Income-tax (Amendment) Ordinance, 2026, issued in June this year. The Bill introduces important amendments related to UPI payments, foreign investors, REITs and InvITs, electronics manufacturing, data…...
Does The Eldest Son Inherit Everything? What Indian Property Law Actually Says
1+ mon, 1+ week ago (200+ words) The Law Protects Equal Inheritance: The 44th Constitutional Amendment removed the right to property from the list of Fundamental Rights in 1978, but inheritance rights remain protected under law. Under the Hindu Succession Act, sons and daughters have equal rights in their…...
What AI agents mean for CPA firms
1+ mon, 1+ week ago (94+ words) David Yue, Co-Founder & CEO, AccordanceAccordance was founded by AI researchers-turned students-of-practitioners who dedicated their first years to...
AI-powered hacking in accounting: ‘No one is safe’
11+ mon, 1+ week ago (1668+ words) Artificial intelligence is producing scary good cyberattacks, but CPAs can take steps to lower their risk of being a victim. Once upon a time, in the early 2000s, cyberattacks were like ghost stories for the corporate world. They were chilling to…...
The changing world of government financial reporting
4+ mon, 2+ day ago (523+ words) The serious new pressures facing governments of all sizes are changing their financial reporting, says Joel Black, the chair of the Governmental Accounting Standards Board — and GASB has a lot of projects underway to help them. Thanks for having me,…...