About the Author

Written by CA. Lakshy Vermaa

CA. Lakshy Vermaa advises small and mid-sized businesses on accounting discipline, tax compliance, and process improvement. With exposure to retail and trading environments, he writes practical articles aimed at helping business owners gain better financial visibility and control.

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Finances of Non-Government Non-Financial Private Limited Companies, 2024-25

By CA. Lakshy Vermaa   |   14-04-2026 17:14:00

Today, the Reserve Bank released the data relating to financial performance of non-government non-financial (NGNF) private limited companies during 2024-25 Read More

Widening the Scope of Mandatory Applicability of Audit Quality Maturity Model (AQMM)

By CA. Lakshy Vermaa   |   13-04-2026 11:00:00

Widening the Scope of Mandatory Applicability of Audit Quality Maturity Model (AQMM)

In partial modification of the Announcement dated 11th August 2025 hosted at https://resource.cdn.icai.org/87517caq-aps1943.pdf a clarification is hereby issued that the mandatory AQMM review shall be applicable to Practice Units undertaking audits of the holding/subsidiary/associates/ joint ventures of listed entity or banks other than Co-operative banks (except multi-state co-operative banks) or insurance companies which are subject to Peer Review. Read More

80 Cr P.A. Opening Director Finance - CA -Healthcare

By CA. Lakshy Vermaa   |   24-03-2026 13:35:00

Experience: 15 - 22 years, Salary: 65-80 Lacs P.A., Role: Finance & Accounting - Other Read More

Seminar on Bank Branch Audit : Planning, Advances & NPA Verification, LFAR and AI in Audit

By CA. Lakshy Vermaa   |   19-03-2026 16:22:00

Place: Auditing and Assurance Standards Board Date: 25-03-2026 – To: 25-03-2026 CPE Hrs.: 6 Read More

80 P.A. Opening Vice President Finance / CFO ( E-Commerce / Retail ) - Indore

By CA. Lakshy Vermaa   |   09-03-2026 17:34:00

Experience: 15 - 20 years, Salary: 60-80 Lacs P.A., Role: Chief Financial Officer (CFO) Read More

Budget 2026 Brings Major Tax Relief: Revised ITR, Updated Returns & Immunity from Prosecution Explained

By CA. Lakshy Vermaa   |   10-02-2026 13:25:00

Budget 2026 Brings Major Tax Relief: Revised ITR, Updated Returns & Immunity from Prosecution Explained

In 2026, India’s income tax system has taken a decisive turn toward relief, correction, and trust-building. What changed in recent months is the government’s acknowledgment of a growing reality: honest taxpayers often make genuine mistakes, and fear of prosecution discourages voluntary correction. Budget 2026 directly addresses this pressure by introducing greater flexibility in revised ITRs, a more practical updated return framework, and conditional immunity from prosecution. Read More

1 Cr P.A. Opening Vice President Finance

By CA. Lakshy Vermaa   |   23-01-2026 12:09:00

Experience: 15 - 24 years, Salary: 70 Lacs-1 Cr P.A., Department: Finance & Accounting Read More

40 LAC Opening Finance Manager

By CA. Lakshy Vermaa   |   15-12-2025 14:00:00

Experience: 8 - 10 years, Salary: 30-40 Lacs P.A., Department: Finance & Accounting Read More

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