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Overstatement of profits: NFRA imposes Rs. 5 Lakh Penalty on Auditors of Vikas WSP Limited

April 23, 2024 12834 Views 0 comment Print

Dive into the NFRA order against M/s S. Prakash Aggarwal & Co., revealing professional misconduct in auditing Vikas WSP Limited for FY 2019-20. Analysis, penalties, and implications discussed.

CBDT Circular No. 6/2024: Relief for TDS Deductors on PAN-Aadhar Linkage

April 23, 2024 67836 Views 4 comments Print

Learn about CBDT Circular No. 6/2024 offering relief to TDS deductors for transactions up to March 31, 2024, when PAN becomes operative by linking with Aadhar. Details & implications.

Customs Instruction No. 09/2024: Extension for Ortho-phosphoric Acid

April 22, 2024 294 Views 0 comment Print

Under Instruction No. 09/2024-Customs, learn about the extension period for Ortho-phosphoric Acid exempted from BIS Standard IS 798:2020. Details & analysis

SEZ Units Exempt from GST under RCM for Specified Services if they furnish LUT/Bond

April 19, 2024 3504 Views 0 comment Print

Under GST RCM, learn if SEZ units like Waaree Energies Limited need to pay tax on certain services. Analysis of relevant notifications and rulings provided

Customs Exchange Rates effective from 19th April, 2024

April 18, 2024 17958 Views 0 comment Print

Check the latest exchange rates for importing and exporting goods, as per Notification No. 30/2024 by the Central Board of Indirect Taxes and Customs

RBI Circular: Amendments to WMD Act Compliance

April 16, 2024 315 Views 0 comment Print

Stay updated with RBI’s latest circular on amendments to the Weapons of Mass Destruction Act compliance. Ensure meticulous adherence to regulatory changes.

RBI Guidelines: Key Facts Statement (KFS) for Loans & Advances

April 15, 2024 1911 Views 0 comment Print

Understand RBIs Key Facts Statement (KFS) for loans & advances. Learn about APR, fees, charges, and borrower empowerment

Hedging of Gold Price Risk in Overseas Markets

April 15, 2024 411 Views 0 comment Print

Learn about RBI’s latest circular permitting resident entities to hedge gold price risk using OTC derivatives in IFSC, enhancing flexibility for risk management.

From Gold Rush to Crypto Boom: Investing in Digital Gold of the 21st Century

April 15, 2024 474 Views 0 comment Print

In the nineteenth century, gold fever gripped the area as prospectors rushed to strike it rich in the gold mines of California, Australia, and South Africa. Fast ahead to the 21st century, and a present-day gold rush is underway, this time in the digital realm.

Investing in the Internet of Value: Exploring Opportunities Beyond Cryptocurrency

April 15, 2024 249 Views 0 comment Print

The upward push of cryptocurrency has catalyzed a transformative motion closer to what a few calls the “Internet of Value”—a decentralized environment where digital assets represent, switch, and save fees successfully and securely.

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