All articles by Umesh Ellichipuram
Umesh Ellichipuram
ICAS responds to Parliament’s call for evidence on fiscal sustainability
ICAS called for a long-term strategy to close the projected $6.34bn (£4.7bn) gap between spending plans and available funding by 2029/30.
CPA Australia flags productivity concerns despite GDP growth
According to the ABS, Australia’s GDP rose by 0.4% in the June quarter of 2026 and 2.1% year-on-year.
ICAEW calls for safeguards on proposed tax debt recoveries
The institution noted that any monthly instalment sought by HMRC should be affordable.
German cabinet approves tax cuts worth $11.6bn – report
The changes are expected to be rolled out in stages and are estimated to take full effect by 2028.
ASIC, APRA propose changes to streamline accountability regime
ASIC and the APRA aim to complete the changes by the end of 2026, subject to feedback received during the consultation.
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ICAS calls for longer notice on HMRC’s bank debt deduction proposals
The professional body cautioned that the measures could disadvantage taxpayers needing additional assistance.
Income tax returns for AY 2026-27 surpass 78 million in India
In a post on X, the Income Tax Department described the turnout as a “record”.
US IRS audit revenue falls 35% to $6.5bn – report
The drop in audit revenue came after the current administration downsized the IRS workforce.
ISCA AI Fluency Programme draws over 15,000 enrolments
The initiative serves as the national AI training programme designed specifically for Singapore’s accountancy sector.
ACRA, SID to launch governance programme for company directors
The initiative aims to enhance corporate governance standards across Singapore’s business sector.