Probation is the suspension of the sentence of an offender and allowing them to stay in the community while inculcating good behavior, under the supervision of a probation officer. The report of a Probation officer is important at the time of passing order by the Court to release the Offender without imposing any sentence on […]
Understanding the new Section 206AB & Section 206CCA of the Income Tax Act, 1961. Discover the implications and higher rates of TDS and TCS for non-filing and non-furnishing of PAN.
By the Finance Act, 2021, S.83(1), has been substituted by the following; 83(1). Where, after the initiation of any proceeding under Chapter XII, Chapter XIV or Chapter XV, the Commissioner is of the opinion that for the purpose of protecting the interest of the Govt. revenue it is necessary so to do, he may, by […]
Article contains Overview of Tax Deducted at Source and explains what is TDS, Who is supposed to deduct tax at source & When, What is the TDS Rates for FY 2020-21, When TDS Needs to Deposit to Govt., What are the TDS Returns and their Due Dates and What are the consequences in case of […]
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 extended […]
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 gives […]
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 […]
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.
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 […]
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).
