Insights

Empowering workers is not just a necessity but a critical stride toward fostering a prosperous and self-reliant India. Despite 73 years of Independence, a staggering 90% of the workforce is in the unorganized sector, lacking comprehensive social security. Addressing their welfare is paramount, with a workforce exceeding 50 crores, comprising both organi [...]

The landscape of anti-money laundering (AML) regulations in India has undergone recent amendments, broadening the spectrum of reporting entities to include various professionals such as Chartered Accountants (CAs), Company Secretaries (CS), and Cost and Works Accountants (CWA). These pivotal changes extend the regulatory scope beyond traditional entities like companies, b [...]

The Supreme Court of India is re-examining its 2022 verdict that upheld the Prevention of Money Laundering Act (PMLA) and the powers of the Enforcement Directorate (ED) under it. The PMLA, enacted in 2002, aims to prevent money laundering and enable confiscating proceeds from such activities. The recent review petition challenges specific provisions of the PMLA and the powers of the ED. The court [...]

The economic development of Bharat has reached a critical juncture, necessitating a new paradigm for growth. The role of Chartered Accountants (CAs) has never been more crucial, as they are tasked with navigating this evolving landscape - with the government focusing on capital infusion and investment, the onus falls on the entire fraternity to act as f [...]