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About Us

Amit Ray & Company, a professionally managed Chartered Accountant firm, was established 59 years back on 8th September 1964 and has since been providing a wide array of Accounting, Auditing, Taxation, Training, Financial and Business Advisory services to various enterprises including global majors. For over 59 years, our team of dedicated professionals has committed their experience and skills to provide high quality professional services to clients, keeping high standards of ethics and integrity. The team consists of distinguished Chartered Accountants, Corporate Financial advisors and Tax consultants and represents a combination of specialized skills, which are geared to offer sound financial advice and personalized proactive services. Those associated with the firm have regular interaction with the industry and other professionals which enables the firm to keep pace with contemporary developments and meet the needs of its clients.

The firm has in-house expertise in diverse areas of practice, including audit and assurance services, direct taxes, indirect taxes, exchange control regulations and consultancy services and has set standards of excellence in each of these areas. Each area of practice is monitored and supervised by a partner-in-charge having an in-depth knowledge and experience in the specific area, ably supported by a highly motivated and enthusiastic pool of professionals. Besides having the expertise in diverse areas of professional practice, the firm prides itself in its ability to provide personalised services to its clients and approaches client problems in a totally integrated manner. The lead partner takes responsibility of close co-ordination with the client and, wherever necessary, draws upon the firm's resource of other in-house experts. This results in final delivery of the solution to the client in a seamless manner.

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"We nurture and cultivate a sense pride in the work and create team leaders. Your growth chart will be governed by well-defined transparent policies of the firm. Apply via the form given below and meet us for face to face interview."

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What's New

20-05-2024
New PoS deployment grows at slowest pace since demonetisation: RBI data
18-05-2024
RBI urges ARCs to follow the regulations in letter & spirit
RBI flags supervisory concerns over functioning of debt recast companies
Sebi fines Rs 8 lakh on Reliance Home Finance for disclosure lapses
Need proactive risk mitigation measures to tackle cyberattacks: RBI DG
17-05-2024
IT firms' work for international clients may not always attract IGST
RBI warns NBFCs a mode they use for giving loans may bring grief
Franklin Templeton Mutual Fund files draft document with Sebi for a multicap fund
16-05-2024
Big relief for mutual fund investors: Sebi eases Aadhaar-PAN KYC rules
15-05-2024
Quant Mutual Fund gets RBI nod to increase stake up to 9.98% in RBL Bank
14-05-2024
Domestically held gold reserve rise by 40% in 5 years, shows RBI data
Sebi tells investment advisors to share social media details twice a year
SC issues notice to Centre over petition on imposition of GST on JDA
RBI's investment in IIFC UK subsidiary fell by a fifth in FY23-24
RBI Monetary Policy: India’s sticky inflation gives RBI reason to stay on hold
13-05-2024
GST on corporate guarantees: SC to offer clarity, say officials
10-05-2024
Five mutual fund houses files draft offer documents with Sebi
09-05-2024
RBI asks NBFCs not to lend more than Rs 20,000 in cash for gold loan
08-05-2024
Govt evaluating RBI proposal for higher infrastructure provisioning; bankers, NBFCs voice concern
Indian lenders to appeal RBI's tough project finance proposal, sources say
Major GST relief for holding companies in corporate guarantees case
07-05-2024
GST helped states earn 24% more than the old regime: FM Sitharaman
06-05-2024
Kotak Bank shares jump 4% as Q4 beat makes investors overlook angry RBI to upgrade stock
Kotak MD, CEO Ashok Vaswani guides for a hit of up to ?400 cr from RBI curbs
04-05-2024
RBI proposes floor for banks' loan exposure for project finance
Mixed impact on Adani group stocks after Sebi alleges non-compliance
RBI proposes tighter project finance rules
03-05-2024
Manpasand Beverages scam: How Sebi exposed the Rs 40-crore GST fraud.
Income tax calendar for May 2024: Check out full list of deadlines
RBI recovers 98% of Rs 2,000 notes; exchange facilities remain open
GST National Coordination meeting on Friday may discuss tightening noose on fake registrations
02-05-2024
Small finance banks to seek RBI clarification on loan book diversification
Sebi makes bond market more accessible, Zerodha's Kamath hails move
Sebi eases investment rule for passive funds: What this means for you
Gross GST collection in April shoots past Rs 2 trn to record high
Sebi makes nomination optional for joint mutual fund portfolios
01-05-2024
Sebi allows NRIs to own up to 100% in global funds at the GIFT City
Sebi eases investment rule for passive funds: What this means for you
RBI cautions banks on gold loan disbursals through fintech startups
Sebi board takes measures to curb fraudulent trades in mutual funds
RBI updates guidance note on operational risk management, extends it to NBFCs
30-04-2024
RBI announces 8% interest on Floating Rate Bond 2034
RBI finds ‘unfair practices in charging of interest', asks banks to review
29-04-2024
Sebi bars Growpital, other related entities from securities markets
26-04-2024
RBI plans curbs on suspect bank accounts to fight cyber fraud: Report
Asia’s richest banker Uday Kotak loses $1.3 billion after RBI’s ban
Sebi gives approval to CRISIL subsidiary to provide ESG ratings
Petitions pile up as GST notices come after 3 years of returns filing
25-04-2024
RBI asks Kotak Mahindra Bank to stop issuing fresh credit cards, onboarding fresh customers via mobile banking
Government approves one-year extension to RBI Deputy Governor Rabi Sankar
Groww Mutual Fund receives SEBI approval to launch India’s first Nifty Non-Cyclical Consumer Index Fund
24-04-2024
Extreme weather conditions, crude pose inflation risk
RBI economists cautious as inflation risks linger
PayU receives RBI’s in-principle nod to operate as a payment aggregator
23-04-2024
12 offshore funds investing in Adani Group breached disclosure rules: Sebi
Edelweiss Mutual Fund files draft document with Sebi for Nifty Alpha Low Volatility 30 Index Fund
22-04-2024
Track fishy transactions, RBI tells payment firms
20-04-2024
RBI's monetary policy committee refuses to drop its guard on inflation
19-04-2024
Kotak Mutual Fund files draft document with Sebi for special opportunities fund
18-04-2024
RBI’s stricter KYC rules may slow merchant onboarding 90%: experts
17-04-2024
RBI conducts two-day VRRR as liquidity surplus nears Rs 1 trillion
Rupee, reserves: Calibrated approach taken by RBI in managing exchange rate
India's outward FDI rises to $3.91 billion in March, shows RBI data
16-04-2024
RBI caps Sarvodaya Bank withdrawals at Rs 15,000: What customers must know
UCB advances to priority sector up over 27% in FY23, shows RBI data
How to restructure salary, investments to cut income tax outgo by Rs 64,557
15-04-2024
RBI steps up gold buying amid US dollar volatility
How to restructure salary, investments to cut income tax outgo by Rs 64,557
12-04-2024
Banks seek flexible reserve norms as RBI weighs risks
10-04-2024
RBI launches survey of manufacturing companies
RBI Floating Rate Savings Bonds likely to offer 8.05% interest from July 1, 2024; is it the right time to invest?
09-04-2024
Banks must play bigger role in rupee derivatives: RBI
Climate change poses challenges for monetary policy, says RBI report
08-04-2024
RBI Policy: What pause means to mutual fund investors
Income Tax Returns Invalid if Unverified Within Time Limit: CBDT
RBI Monetary policy committee outcome: Financial terms you must know
Consumer confidence for year ahead improves further: RBI survey
06-04-2024
Monetary policy review: RBI rejigs quarterly GDP growth forecasts for FY25
Congress manifesto: Promises to replace Modi govt's GST with a moderate GST 2.0 that will not burden the poor
RBI to launch mobile app for investing in gov securities: Check details
05-04-2024
RBI MPC: Indian bond yields expected to be steady ahead of announcement
RBI Monetary Policy Live: RBI leaves inflation projection for FY25 unchanged at 4.5% as 'elephant' out for a walk
03-04-2024
Indian markets' high valuation a sign of optimism: Sebi chairperson
02-04-2024
6 income tax rules that salaried should know as financial year 2024-25 starts from April 1
March GST collection up 11.5% YoY at Rs 1.78 lakh cr, FY24 mop-up crosses Rs 20 lakh cr
01-04-2024
CBIC notifies guidelines for GST investigation, prior approval for big cos
PM Modi to address ceremony marking 90 years of RBI in Mumbai today
RBI may hold rate yet again to focus on inflation management, say experts
30-03-2024
India's forex kitty rises by $139 mn to $642.63 billion: RBI data
8 reasons why old tax regime is still attractive for many taxpayers in this income tax bracket
29-03-2024
India can achieve 10 pc growth rate in next decade: RBI deputy guv
Domestic startups come under income tax glare for their recent funding
RBI announces temporary halt to Rs 2,000 banknote exchange/deposit on April 1
28-03-2024
RBI releases FY25 schedule for Monetary Policy Committee meetings
RBI issues advisory on banks' investments in alternative investment funds
27-03-2024
Wherehouse? Spice, dry fruit importers facing GST heat
26-03-2024
Google Play billing system comes under RBI scanner over alleged violations
RBI likely to hold rates steady until at least July on strong growth: Poll
22-03-2024
T+0 settlement beta version from next week, Sebi issues guidelines
Sebi directs mutual funds to stop inflows into ETF-based overseas schemes
P2P lenders to stop ‘liquid funds’ as RBI peers into business
21-03-2024
No action on summons against Subhash Chandra for 3 weeks in fund diversion case: Sebi to HC
Best ways to save income tax: 10 tax-saving investment options for you
RBI directs all bank branches dealing in govt biz to remain open on Mar 31
20-03-2024
Regulatory overreach? Sebi and RBI acting tough to restore credibility
Now a VIP or PMO can help you to expedite pending tax appeals; Know how to file request for expedition
19-03-2024
How Sebi's trial run of same-day settlement for 25 stocks impacts you
Income Tax department recovers Rs 73,500 cr in pending dues for FY24
18-03-2024
RBI eases rules for centre’s mobility card after limited success
Sebi's exemption to ease compliance burden for FPIs
Tax-saving ideas: How to restructure your salary to reduce income tax outgo by more than Rs 1 lakh
Income tax planning for FY 2023-24: Last date is March 31, don’t make these mistakes
16-03-2024
Sebi nod to T+0 settlement for limited stocks, eases norms for FPIs
Income tax allowances, deductions allowed for individuals in old tax regime
Sebi to introduce same-day settlement for 25 stocks, defers full launch
15-03-2024
Representation to Resolve GST Section 16(4) Issues
Ministry of Home Affairs Extends 50% GST Support for Kendriya Police Welfare
14-03-2024
Income Tax Dept admits Inconsistencies in Securities Market Data (SFT-17)
The New UK Taxation Policy on ‘Non-domiciled’ resident
13-03-2024
India allows RBI to import gold without paying import levies
Dr Reddy's gets Rs 74.22 cr tax demand from GST authority
12-03-2024
Signs of manipulation in SME listings, says Sebi chief Madhabi Buch
Sebi plans to implement optional same-day settlement from March 28
Customer complaints with RBI Ombudsman up 68% in 2022-23
11-03-2024
How RBI is upping the scrutiny on credit cards
07-03-2024
In June, July, RBI could consider the first cut in interest rates: Keki Mistry
RBI diktat to banks, credit card companies set to upend long-term integrations
RBI’s action not against Paytm; it is against payment bank; we support fintechs: Shaktikanta Das.
06-03-2024
No deficiencies in unit's loan sanctioning after RBI's action: JM Financial
JM Financial tanks 19% as RBI bars it from lending against shares, bonds
RBI issues directions to card networks for issuance of credit card to customers
30 banks join RBI UDGAM portal for unclaimed deposits
05-03-2024
Interoperability of internet banking system in 2024: RBI's Shaktikanta Das
IIFL Finance slumps 20% post RBI ban on sanctioning, disbursing gold loans
'RBI likely to take delivery of maturing $5 bn FX swap next week'
At 4.3% in FY25, inflation may head lower than RBI forecast, estimates CMIE
FM Sitharaman asks GST officers to leverage tech to plug loopholes, better taxpayer services
04-03-2024
Punjab's GST mop-up rises 16 pc to over Rs 19,000 crore till February
02-03-2024
Sebi bars Brick Eagle for violations
GST mop-up rises over 12.5% to Rs 1.68 trn, car sales remain strong
Bihar traders offered 'one-time settlement' for pre-GST era tax liabilities
Motilal Oswal Mutual Fund and Samco Mutual Fund files draft documents with Sebi
01-03-2024
Bihar traders offered 'one-time settlement' for pre-GST era tax liabilities
Sebi moves to curb inflows into small & midcap funds: Report
Sebi slaps Rs 4.8 mn fine on 8 entities for flouting regulatory norms
RBI issues revised norms to streamline bill payments process
29-02-2024
Sebi asks MFs to shield smallcap investor interest amid spike in volatility
User complaints spiked at Paytm Payments Bank even before RBI action
Not diktat, Sebi alerting companies and investors about froth in market: Dhirendra Kumar
28-02-2024
Sebi asks small, mid-cap funds to disclose more information about risks
RBI consolidates reporting norms for REs, eases compliance burden
RBI tweaks rules to standardise filing of supervisory returns by banks
Keeping interest rates too high could stifle growth: RBI's Jayanth Varma
Angel funds approach Sebi, raise the issue of high depository fees
27-02-2024
FM Nirmala Sitharaman tells regulators to meet fintechs, startups every month
Amazon Pay secures payment aggregator licence from RBI
26-02-2024
Paytm gains 5% as RBI asks NPCI to become third-party application provider
23-02-2024
Paytm bank RBI Ban: Indian fintech is fast, furious — and fraudulent?
Sab changa si? RBI MPC minutes suggest India is in a 'Goldilocks' scenario
22-02-2024
Paytm RBI Ban: Indian fintech is fast, furious — and fraudulent?
Paytm bank RBI crackdown may just be the start? Banks’ rush for clients set for reckoning
Sebi set to question ZEE top brass including Subhash Chandra and Punit Goenka on 'fund diversion'
21-02-2024
Another blow to Zee Entertainment: Sebi uncovers $241 mn accounting issue
Fresh capex to fuel next leg of growth for Indian economy, inflation to stabilise ahead: RBI Bulletin
20-02-2024
Order inquiry into GST evasion in Delhi: LG Saxena advises CM Kejriwal
Order inquiry into GST evasion in Delhi: LG Saxena advises CM Kejriwal
Rules apply to firms of all sizes: MoS IT on RBI move on Paytm PB
19-02-2024
Paytm recoups 13% from record low on Axis Bank pact, RBI deadline extension
17-02-2024
RBI extends deadline for Paytm Payments Bank restrictions to March 15
RBI may absorb foreign inflows via bond index inclusion: JP Morgan's Chinoy
Outward FDI rises 25.7% to $2.1 billion in January, shows RBI data
Bond inclusion unlikely to trigger volatility: Ashima Goyal of RBI MPC
Crypto currencies have no underlying value, says RBI official
16-02-2024
Here’s why RBI placed B2B card pay on full hold
RBI Governor Shaktikanta Das highlights main challenges in inflation fight
15-02-2024
RBI Governor asks bank CEOs to maintain vigil around risks build-up
14-02-2024
Need to grow at 7-8% to become developed nation by 2047: Ex-RBI Guv
Sebi cautions investors against unregistered cos promising assured returns
India needs to grow at 7-8 per cent annually to become developed nation by 2047, says Ex RBI Guv C Rangarajan
13-02-2024
RBI Guv rules out possibility of review in action taken against Paytm PB
RBI conducts 2 VRR auctions to infuse liquidity into banking system
SC issues notice to central govt on GST anti-profiteering provisions
No review of action on Paytm Payments Bank: RBI governor Shaktikanta Das
Hardly any room for review of action taken against Paytm Payments Bank: RBI Guv Das
12-02-2024
Direct Tax Collections Surpass 80% of FY 2023-24 Targets
Beware of Fake GST Summons: How to Verify – Ministry of Finance Advisory
up slow pause speed down
Updated Till : 20-05-2024
 
     
   
 

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RBI seen holding rates even as retail prices top inflation target.

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