"03 April 2021" Archive - Page 2

Risk Management – making it effective from the point of view of industry finance professionals to work in peace

Risk Management – making it effective from the point of view of industry finance professionals to work in peace Risk Management – Part 1: All Risk Policy: We start with relatively under played policy under the umbrella of All risk Policy namely Portable Equipment policy  ~ Generally covers Laptops and Mobiles. This could be e...

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Posted Under: CA, CS, CMA |

How Recovery of Piramal Ltd. Shares from IEPF Could be Great for Investors?

Piramal Enterprises Limited (PEL) has a diversified portfolio of pharmaceuticals and financial lending business based on the wholesale lending model. The company has made heavy growth in the financial sector in the last few decades and came out as a big player in the Indian financial market. The company through its retail lending business...

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Posted Under: CA, CS, CMA |

Checklist for Statutory Bank Branch Audit for Year 2020-21

To The Branch Manager ******* SUB: Statutory Audit of Your Branch for the Year 2020-21 Ref:- ****************, Dated: ****** Respected sir You are Aware that we have been appointed as statutory Branch auditors of your Branch for the year 2020-21 Vide your letter No *************** Dated: ********** We are sure you will keep all the [&hell...

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Posted Under: CA, CS, CMA |

What are SPACs & how do they work?

A Special Purpose Acquisition Company (SPAC) is a blank – cheque/shell company existing solely on paper which is listed on the stock exchange for the sole purpose of acquiring with a company and helping it list on the stock exchange with little regulatory troubles....

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Posted Under: CA, CS, CMA |

Compliance Calendar for the month of April 2021

The new Financial year 2021-22 has began and being the first month of the financial year, April 2021 is a significant month from the point of view of the tax compliance and other statutory due dates for ROC filing, GST return filings and Income tax filing falling in the month of April 2021. Tax Compliance […]...

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Posted Under: CA, CS, CMA |

Enabling dealings by IFSC Banking Units in Bullion Unallocated Accounts

F. No. 236/IFSCA/Unallocated Account/2020-21/1 03/03/2021

This circular is being issued to enable Banking Units – IBU (Indian Banking Units) /FBU (Foreign Banking Units) in IFSC to operate Unallocated Accounts for the purpose of trading, hedging and swapping with Physical Gold / Silver (Allocated)....

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Disclosure or Intimation under SEBI (Prohibition of Insider Trading) Regulations, 2015

Disclosure or Intimation under SEBI (Prohibition of Insider Trading) Regulations, 2015 This article deals with all the disclosures or intimations required under SEBI (PIT) Regulations, 2015 1. Disclosure of trading by an insider having UPSI (Regulation 4) If any person who has traded in securities has been in possession of unpublished pr...

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Posted Under: CA, CS, CMA |

Types of Evidence

The term Evidence derived from the Latin terms ‘Evident’ or’ evidere’ that mean to show clearly, to discover, to ascertain or to prove. Evidence is a means of proof. Indian evidence Act provides the fact on which evidence can be produced before the court. It also provides admissibility and inadmissibility of evidence. Once the evi...

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Posted Under: CA, CS, CMA |

New MSME Rules, Filing Obligations, “Quick Payment of Invoice vis a vis No Recovery issues”

New MSME Rules, Filing Obligations, “Quick Payment of Invoice vis a vis No Recovery issues” The term “MSME” stands for Micro, Small, and Medium Enterprises and is governed under the provisions of Micro, Small, and Medium Enterprises Development (MSMED) Act in 2006. Vide Notification Dated 26.06.2020, the Ministry of MICRO, SMALL A...

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Posted Under: CA, CS, CMA |

Shrinking Goods

Buying Rs. 10/- Wafer Packet thinking inside eatable stock is good enough to cover half the trip from CST Railway Station to Wadala Railway Station (Full trip is from CST Railway Station to Vashi Railway Station) and moment you open the Packet, you get Fresh AIR to make mood happy and then if anything is […]...

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Posted Under: CA, CS, CMA |