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ICAI: Average CA Starting Package Is Rs. 12-13 Lakh, Not Rs. 3-5 Lakh — 64th Campus Placement Has More Jobs Than Candidates

TaxSocial Editorial Team
ICAI has rejected the 1 Finance report that claimed CA starting salaries are only Rs. 3-5 lakh. Secretary Jai Kumar Batra says the average qualified CA package is Rs. 12-13 lakh, international offers cross Rs. 50 lakh, and the 64th Campus Placement had 8,911 jobs for 5,834 candidates.

'Digital Arrest' Scam Hits 72-Year-Old Sikar CA: Rs 1.03 Crore Lost in 24 Days — How the Fraud Works, and Why Police, CBI or ED Never Arrest Anyone on a Video Call

TaxSocial Editorial Team
A 72-year-old CA in Sikar lost Rs 1.03 crore in a 24-day digital-arrest scam (Patrika, May 2026). Fake CBI/ED officers in uniform threatened him over a fake FIR via video call. 15 transactions later, the money was gone. There is no such thing as digital arrest in Indian law.

Form 3CD Clause 44 (GST Break-up of Expenditure): Why Your CA Is Asking for Every Supplier's GST Number

Sachin Mohite
Sachin Mohite · Sep 11
Clause 44 of Form 3CD makes the tax auditor split your total expenditure by the supplier's GST status: exempt goods or services, composition dealers, other registered suppliers, and unregistered suppliers. It was deferred four times and has been live since AY 2022-23. What the columns mean, what is excluded, how to build the data from GSTR-2B and the purchase register, and why the number has to tie to your GST returns.

ICAI Has Rewritten the Balance Sheet for Every Proprietor, Partnership Firm and HUF: The Non-Corporate Format, the Comparatives Trap and What Your Auditor Must Report From This September

Harsh Vyas
Harsh Vyas CA · Sep 8
ICAI's Guidance Note on Financial Statements of Non-Corporate Entities is live: turnover above Rs 5 crore from FY 2025-26, everyone from FY 2026-27. The vertical format, the previous-year figures you must recast, the notes it demands, and what the auditor reports if you skip it.

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