Fraud in India’s power & infrastructure sector remains rampant. Learn how Kautilya’s principles expose embezzlement tactics & how forensic audits can help.
Avoid common LLP registration mistakes like invalid names, documentation errors, and compliance issues for a smooth registration process. Learn key tips here.
Learn simple yet effective strategies to build wealth—invest consistently, diversify wisely, reinvest dividends, and stay invested for the long term.
The Input Service Distributor (ISD) mechanism under GST enables businesses with multiple branches to centrally receive and allocate input tax credit (ITC) related to common input services. As per Section 2(61) of the CGST Act, 2017, an ISD is a registered entity that distributes ITC to its units based on usage.
Key tax and regulatory updates for the week ending 23rd Feb 2025, including income tax extensions, GST authentication, customs reforms, RBI regulations, and court rulings.
CBDT updates income tax rules and forms for business and securitization trusts. Notification 17/2025 amends Rules 12CA & 12CC, impacting Forms 10IH, 64A-F, for streamlined reporting.
The RBI has revised prudential norms for Urban Co-Op Banks, including small loan limits, real estate exposure, and provisioning requirements.
SEBI seeks feedback on shifting open interest (OI) in equity derivatives to a Delta-based approach and revising position limits for better risk monitoring.
IBBI suspends Insolvency Professional Rita Gupta for six months due to regulatory violations in a liquidation case. Investigation ordered for RP Rakesh Takyar.
Key updates on Indian Customs, including trade facilitation, GST awareness, sports events, and major enforcement actions on tax evasion and counterfeit goods.
