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Classification of Liabilities as Current or Non-current & Non-current Liabilities with Covenants

February 9, 2023 4356 Views 0 comment Print

Exposure Draft – Classification of Liabilities as Current or Non-current and Non-current Liabilities with Covenants – Amendments to Ind AS 1

ICAI Exposure Draft Lease Liability in a Sale and Leaseback

February 9, 2023 948 Views 0 comment Print

Exposure Draft of Amendments to Ind AS 116, Leases, issued by Accounting Standards Board of Institute of Chartered Accountants of India

Consultation Paper on Review of Role & Obligations of Mutual Fund Trustees

February 9, 2023 1041 Views 0 comment Print

While exercising oversight over activities of AMC, Trustees are expected to ensure that AMCs act in a manner which is not skewed in favour of AMC’s stakeholders

FAQ’s on filing of announcements in XBRL format on NSE platform

February 9, 2023 4401 Views 0 comment Print

XBRL submission for Outcome of Board meeting will be applicable for Dividend, Buyback, Bonus and Voluntary Delisting events. NSE & BSE jointly have developed these XBRL’s utilities, and the XML file generated can be uploaded at both the Exchanges.

Consultation paper on review of Corporate Governance norms for a High Value Debt Listed Entity

February 9, 2023 906 Views 0 comment Print

SEBI introduced Corporate Governance requirements for listed entities to improve transparency in their functioning and ensure enhanced disclosures to investors. Regulations 16 to 27 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Introduction of Systematic Lump sum Withdrawal (SLW) for NPS Subscribers – PFRDA Notification

February 8, 2023 639 Views 0 comment Print

PFRDA issued a notification introducing the Systematic Lump sum Withdrawal (SLW) for the benefit of National Pension System (NPS) Subscribers. The SLW process allows subscribers to withdraw a lump sum amount periodically until the age of 75. This notification provides details on the SLW facility, process flow, and its applicability to both Tier-I and Tier-II accounts.

Opting For New Regime Under Income Tax – Think Wisely Before Opting

February 8, 2023 10545 Views 6 comments Print

The new tax regime for individuals and Hindu undivided families, or HUFs, brought via Section 115BAC of the Income Tax Act was aimed at bringing in a lower rate and a simpler tax system from 1 April 2020.

Drafts Guidance Note on Financial Statements of Non-Corporate Entities & LLPs

February 8, 2023 4599 Views 0 comment Print

Exposure Drafts of Guidance Note on Financial Statements of Non-Corporate Entities & on Financial Statements of Limited Liability Partnerships

Consultation paper on institutional mechanism for Stock Brokers to ensure prevention and detection of fraud or market abuse

February 8, 2023 966 Views 0 comment Print

SEBI Consultation paper on institutional mechanism for Stock Brokers to ensure prevention and detection of fraud or market abuse

Draft Vivad se Vishwas II (Contractual Disputes)

February 8, 2023 2391 Views 0 comment Print

Government proposes quick settlement of contractual disputes to promote ease of doing business as announced in Union Budget 2023-24 and Circulates scheme for graded settlement terms for stakeholder consultation. The Ministry of Finance today circulated a draft scheme for consultation with stakeholders.  The scheme is aimed at bringing quick finality to certain contractual disputes in which […]

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