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RBI FAQs on Core Investment Companies

May 10, 2025 8499 Views 0 comment Print

Summary of RBI regulations for Core Investment Companies (CICs), including definitions, registration, public funds, investments, and group structure.

CGST Delhi Uncovers ₹7.85 Crore ITC Fraud; CA Arrested

May 8, 2025 1905 Views 0 comment Print

CGST Delhi busts ₹7.85 crore ITC fraud involving 80 GSTINs and circular trading. Chartered Accountant arrested; investigations reveal systemic GST misuse.

India Strikes Terror Camps in Pakistan, PoK

May 7, 2025 6111 Views 0 comment Print

India’s Armed Forces conduct ‘Operation Sindoor,’ targeting nine terrorist sites in Pakistan and PoK following the deadly Pahalgam attack. Action termed focused and measured.

How Standards on Auditing and Ethics Reduce NFRA Penalties

April 27, 2025 1755 Views 0 comment Print

CA. Shreyas Dharkar How Standards on Auditing, Guidance Notes, and Code of Ethics Collaboratively Reduce Punishments Imposed by NFRA Summary: This article explores how adherence to Standards on Auditing (SAs), Guidance Notes, and the Code of Ethics can help auditors minimize penalties imposed by the National Financial Reporting Authority (NFRA). It emphasizes the importance of […]

Process for Conversion of Company into LLP (Limited Liability Partnership)

April 22, 2025 2259 Views 0 comment Print

Learn about converting a company to an LLP in India: legal framework, eligibility, steps, benefits like reduced compliance, and key considerations.

Additional Liability Vs Self Assessed Liability Under GST Waiver Scheme

April 21, 2025 4974 Views 1 comment Print

Misinterpretation of self-assessed tax under Section 75(12) affects amnesty scheme benefits under Section 128A. Clarification sought for additional liabilities.

FAQs on Indian Currency – RBI Guide to Money Matters

April 18, 2025 14454 Views 0 comment Print

Learn about Indian Rupee (INR), RBI’s currency management role, banknote/coin production, legal tender rules, security features & damaged note exchange.

Capital Gains on Mutual Funds by Singapore Resident Not Taxable in India: ITAT Mumbai

April 15, 2025 3687 Views 0 comment Print

ITAT Mumbai rules on Anushka Shah vs ITO case, addressing capital gains taxability on mutual fund units under the India-Singapore DTAA.

Best Term Insurance Plans in India for a Secure Future

April 13, 2025 8478 Views 0 comment Print

A term insurance plan secures your family’s future during unforeseen events. Explore the best term insurance plans in India and their key benefits here!

ICAI vs. ICTPI: Name Similarity Dispute Dismissed by RD

April 11, 2025 15987 Views 2 comments Print

Regional Director dismisses ICAI’s plea to rectify ICTPI’s name, citing no deceptive similarity and ICTPI’s undertakings to avoid confusion.

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