
ICAI CA Final Result Date 2025: May session results expected this week
In a recent social media post, Khandelwal mentioned that based on previous trends, the CA Final May 2025 results are expected to be declared in the first week of July. He stated, 'For those asking about the May 25 exam results, please note that, based on past experience, the results may be announced in the first week of July — tentatively around July 3rd or 4th.'
To pass the CA Final May 2025 exam, candidates are required to score at least 40 percent marks in each individual paper and a minimum of 50 percent in aggregate for each group. These criteria must be met in order to be considered qualified.
Last year, the results for the CA Final May session were announced on July 11. A total of 20,446 candidates qualified as Chartered Accountants in that session.
In that session, Shivam Mishra from New Delhi secured the top rank in the CA Final examination with an impressive score of 500 marks (83.33%). Varsha Arora followed closely in second place with a total of 480 marks.
After the the CA Final Results are declared, candidates who successfully pass the exam become eligible for ICAI membership. They can also participate in the institute's campus placement drives. Additionally, students have the option to apply for revaluation or request certified copies of their answer scripts if they wish to review their performance further.
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The Hindu
4 hours ago
- The Hindu
State-of-the-art fisheries processing cluster coming up in Karaikal
Karaikal, an enclave of the Union Territory of Puducherry, will soon have its first-of-its kind state-of-the-art fisheries processing cluster. It is one of the 34 fisheries production and processing clusters approved across the country under the Pradhan Mantri Matsya Sampada Yojana (PMMSY). Official sources said the Union government had sanctioned the cluster for Karaikal and a tender would soon be floated. The total project cost is ₹348.89 crore, including ₹298.34 crore in Central grant. The Union government has notified the Thengaithittu fishing harbour in Puducherry as a partnering harbour for the Karaikal fishing harbour. The decision is aimed at augmenting the socio-economic development of the fisher community in the Union Territory. By having two major fishing harbours in the proposed cluster, Puducherry's entire fisheries economy is expected to gain immense benefits, an official said. The cluster-based approach will increase the competitiveness of fisheries, facilitate economies of scale, generate higher incomes, and accelerate the growth and expansion of fisheries and aquaculture in an organised manner. According to D. Manikandan, Secretary, Fisheries, 'The initiative is aimed at transforming the selected regions into integrated fisheries clusters with strong backward and forward linkages. The inclusion of Puducherry's fishing harbour in this initiative will lead to modernisation of fisheries infrastructure, development of value-added facilities, and greater market access for marine and inland fish products from the Union Territory.' He added, 'The initiative is expected to bring wide-ranging benefits to Puducherry's fisherfolk, including enhanced income opportunities through better handling, processing, and marketing systems. With the establishment of integrated value chain infrastructure, such as cold chains, ice plants, processing units, and transport logistics, the fishers of Puducherry will gain access to larger markets... In addition, the cluster will help in employment generation, skill development, and entrepreneurship among coastal communities, especially youth and women.' The development of the cluster will be further reinforced by the implementation of the Pradhan Mantri Matsya Kisan Samrudhi-Sah Yojana (PM-MKSSY) in the Union Territory. Under this scheme, 15 Primary Fisheries Cooperative Societies (PFCS) in Puducherry will be supported by the Pondicherry State Fishermen Cooperative Federation Limited (PSFCFL) with mentorship, financial assistance of ₹2 lakh per PFCS, and support for business-planning and capacity-building. The convergence of both initiatives is poised to make Puducherry a model for sustainable co-operative-led fisheries development. According to an official, the National Fisheries Development Board will be the nodal agency for overall coordination and implementation.


Time of India
21 hours ago
- Time of India
ICAI Nagpur holds traffic awareness, two-wheeler rally on Independence Day
Nagpur: The Institute of Chartered Accountants of India, Nagpur branch, celebrated 79th Independence Day with full zeal and enthusiasm at its Dhantoli office. Flag hoisting at was done by CA Dinesh Rathi, chairman of Nagpur branch. He paid tributes to all freedom fighters for their contribution in getting freedom for the coutry. He said that independence gives us responsibilities with rights as the citizen of India. He urged the members and students to value independence by contributing professionally and individually to the development of the country. A traffic sense programme was organised jointly with Vibrant Road Safety Awareness Foundation followed by a two-wheeler rally. CA Jaydeep Shah, past president of ICAI, reflected on the importance of freedom and the responsibility that comes with it. "As we celebrate our nation's independence, let's also remember our duty to preserve it for future generations," Shah said. He appreciated the efforts of Nagpur branch and congratulated the team lead by Dinesh Rathi for organising various programmes for the benefit of the members and students. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Munich Guitar Company – Ihre Munich Guitar Company Munich Guitar Company Undo He shared his ideas of independence and appealed to act responsible towards achieving respective goals in lives by committing to act as a citizen of India. CA Vinod Agrawal, chairman of WICASA, Gajanan Bhatkar, trainer, Hero Moto Crop, Trupti Bhattad, treasurer, Prateek Palan, MCM, OS Bagdia, past chairman, WICASA members Archi Gupta, Prateek Vanjari, Ashu Mahajan, Vansh Pardesih, Laxmi Gajrani were also present. CA Pranavkumar Limaja, MCM co-ordinated the programme. Vice-chairperson Swaroopa Wazalwar proposed a vote of thanks. ICAI Nagpur branch staff including Vinod Karale, Pravin Rajankar, Muneshwar Patle along with more than 20 members and 40 students were present on the occasion. Stay updated with the latest local news from your city on Times of India (TOI). Check upcoming bank holidays , public holidays , and current gold rates and silver prices in your area.
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Business Standard
a day ago
- Business Standard
Assessee must comply with summons issued by tax authority: Supreme Court
The Supreme Court has held that an assessee must comply with a summons and furnish a response to a show cause notice when it is issued by the central or the state tax authority. "Assessee" under the Income Tax Act of 1961 refers to any individual or entity that holds the legal liability of tax payment or any other financial commitments as specified by the Act. Thus, laying down guidelines to prevent duplication of adjudication by central and state GST authorities, a bench of Justices J B Pardiwala and R Mahadevan said that mere issuance of a summons does not enable either the issuing authority or the recipient to ascertain that proceedings have been initiated. "Where a summons or a show cause notice is issued by either the Central or the State tax authority to an assessee, the assessee is, in the first instance, obliged to comply by appearing and furnishing the requisite response, as the case may be. The top court said the respective tax authorities shall communicate with each other to verify the veracity of the assessee's claim after receipt of such intimation. "We say, so as this course of action would obviate needless duplication of proceedings and ensure optimal utilisation of the Department's time, effort, and resources, bearing in mind that action initiated by one authority enures to the benefit of all. "If the claim of the taxable person regarding the overlap of inquiries is found untenable, and the investigations of the two authorities pertain to different 'subject matters,' an intimation to this effect, along with the reasons and a specification of the distinct subject matters, shall be immediately conveyed in writing to the taxable person," the bench added. The apex court said the taxing authorities are well within their rights to conduct an inquiry or investigation until it is ascertained that both authorities are examining the identical liability. Any show cause notice issued in respect of a liability already covered by an existing show cause notice shall be quashed, it said. "However, if the Central or the State tax authority, as the case may be, finds that the matter being inquired into or investigated by it is already the subject of inquiry or investigation by another authority, both authorities shall decide inter se which of them shall continue with the inquiry or investigation. "In such a scenario, the other authority shall duly forward all material and information relating to its inquiry or investigation into the matter to the authority designated to carry the inquiry or investigation to its logical conclusion," the bench said in its August 14 judgement. The judgement came on a plea by Armour Security, a public limited company providing security services and registered with the Delhi GST authorities, involved in a dispute concerning tax demands and investigations. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)