Accounting And Audit 13 October 2026
ICAI Updates: Gold Seizure, Fee Rules, Exams & GST Changes
The Institute of Chartered Accountants of India has rolled out a series of swift actions: a massive foreign gold seizure at Ahmedabad Airport, a ban on chartered accountants bidding without statutory minimum fees, a push by the opposition for a Supreme Court probe into election commission audit decisions, new January 2027 CA Foundation and Intermediate exam dates, streamlined GST registration cancellation rules, and disclosed registration fees with disciplinary reforms. These moves signal tighter compliance enforcement and clearer timelines for professionals.
- Gold seizure: Rs 88.97 lakh foreign-origin gold confiscated from a Dubai passenger at Ahmedabad Airport. Read more
- Fee rule: ICAI bars CAs from bidding on services reserved by law without the legally mandated minimum fees. Read more
- Election audit: Opposition asks the Supreme Court to examine Election Commission decisions and the audit of SIR voter deletions. Read more
- Exam schedule: ICAI announces January 2027 CA Foundation and Intermediate exam form opening on 3 Nov 2026. Read more
- GST cancellation: New simplified rules make GST registration cancellation easier. Read more
- Registration fees: Jan 2027 CA registration fees disclosed; foundation fee set at Rs 1,500 and disciplinary proceedings eased. Read more
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