Summary of RBI regulations for Core Investment Companies (CICs), including definitions, registration, public funds, investments, and group structure.
CGST Delhi busts ₹7.85 crore ITC fraud involving 80 GSTINs and circular trading. Chartered Accountant arrested; investigations reveal systemic GST misuse.
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.
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 […]
Learn about converting a company to an LLP in India: legal framework, eligibility, steps, benefits like reduced compliance, and key considerations.
Misinterpretation of self-assessed tax under Section 75(12) affects amnesty scheme benefits under Section 128A. Clarification sought for additional liabilities.
Learn about Indian Rupee (INR), RBI’s currency management role, banknote/coin production, legal tender rules, security features & damaged note exchange.
ITAT Mumbai rules on Anushka Shah vs ITO case, addressing capital gains taxability on mutual fund units under the India-Singapore DTAA.
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!
Regional Director dismisses ICAI’s plea to rectify ICTPI’s name, citing no deceptive similarity and ICTPI’s undertakings to avoid confusion.