Article examines Section 58C under CIIRP, highlighting procedural disputes, conversion risks, and regulatory gaps that may affect speedy insolvency resolution.
Article examines how IBC is meant for insolvency resolution, not debt recovery, and why using it as a recovery tool may weaken its legislative purpose.
NFRA introduced guidelines to evaluate audit firms’ compliance and quality control systems. The framework emphasizes governance, risk assessment, and regulatory compliance through structured inspections.
ICSI has proposed revising the CS syllabus to align with the National Education Policy and global practices. Stakeholder input will help shape a modern, skill-focused curriculum.
Standard accounting systems miscalculate the 180-day deadline, leading to ITC reversals and interest. Accurate invoice-based tracking is essential for compliance.
The issue involved foreign investment from countries sharing land borders with India. The amendment mandates Government approval for such investments, including indirect ownership. The ruling strengthens scrutiny to safeguard national interests.
Electric two-wheelers are becoming a more visible part of everyday mobility in India. As the EV market grows, riders are also beginning to think about coverage in a more detailed way. That is why bike insurance for electric models is now discussed with more attention than before. For many buyers, electric bike insurance is no […]
The framework outlines mandatory disclosures and timelines for opting into safe harbour. Key takeaway: strict compliance is essential to gain tax certainty.
The scheme provides financial incentives for new, expanded, and upgraded hospitality projects. Key takeaway: investors can reduce capital costs significantly through structured subsidies.
Highlights that system-based NGTP tagging cannot replace proper verification before denying ITC. Key takeaway: factual investigation is essential before treating transactions as bogus.