Introduction The International Accounting Standards Board (IASB) has taken a significant leap towards enhancing transparency and comparability in financial reporting with the issuance of IFRS 18 – Presentation and Disclosure in Financial Statements, replacing the longstanding IAS 1. The new standard, issued in April 2024 and effective from 1 January 2027, is not merely a […]
Stay informed on India’s latest regulatory changes from June 16-22, 2025. This summary covers Income Tax exemptions, GST amendments, Customs duties, SEBI market reforms, and MCA/IBBI updates.
Understand India’s mandatory CSR law under the Companies Act, 2013, covering applicability, spending requirements, eligible activities, and compliance.
Minutes from an EGM detailing the unanimous resolution to increase authorized share capital and amend the company’s Memorandum of Association.
Mumbai ITAT grants relief to senior citizen Neeta Rohit Patel, quashing interest under Sections 234B & 234C on exempt partnership income. Landmark ruling clarifies advance tax exemption.
This paper aims to: 1.Compare the latest amendments introduced by the Finance (No.2) Act, 2024 with the law that existed previously; 2. Analyze the intent and rationale behind the legislative changes; 3. Discuss the practical scope and implications of the new provisions on reassessment proceedings.
Join CA Ruchika Bhagat on June 29, 2025, for a webinar on NRI taxation. Learn about residential status, taxable income, DTAA, TDS, and compliance.
CBDT has notified revised ITR forms for Assessment Year (AY) 2025-26, introducing a series of notable changes aimed at improving accuracy, transparency and granularity of income reporting across various taxpayer categories.
CBDT allows processing of delayed ITRs filed under Section 119(2)(b) by March 2024. Refunds and related provisions to follow, with intimation by March 2026.
RBI updates Depositor Education & Awareness Fund Scheme, 2014, with consolidated operational guidelines effective October 1, 2025, for all banks.
