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

April 15, 2024 4218 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 642 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 540 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 291 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.

Mismatch in Figures in Financial Statements: MCA Penalises Auditor

April 15, 2024 16212 Views 0 comment Print

Discover how MCA penalizes Audit Firm for financial statement discrepancies. Detailed analysis, penalties, and appeal process outlined

NFRA imposes penalty of 4.5 Cr on CA and CA Firm for Audit Lapses

April 12, 2024 77265 Views 0 comment Print

Explore the detailed order disposing of the show cause notice against M/s Pathak H.D. & Associates, CA Parimal Kumar Jha, and CA Vishal D Shah for professional misconduct in the audit of Reliance Capital Limited.

Raw Silicon Carbide Bricks for DPF application falls under CTH 6902 2040

April 11, 2024 336 Views 0 comment Print

CAAR Mumbai held that Raw Silicon Carbide Bricks for DPI application merit classification under Custom Tariff Heading 6902, more specifically under CTH 6902 2040 of First Schedule of Customs Tariff Act, 1975

Advisory on Reset and Re-filing of GSTR-3B of some taxpayers

April 9, 2024 19182 Views 0 comment Print

Learn about the re-filing of GSTR-3B for taxpayers, its advisory, process, and how to correct discrepancies in ITC availment and tax payments. Get guidance on navigating the re-filing procedure smoothly.

Central Govt Approves Amul R&D Association for Tax Benefits

April 9, 2024 993 Views 1 comment Print

Notification No. 38/2024-Income Tax: Central Government approves Amul Research and Development Association for tax benefits under section 35 of Income-tax Act, 1961.

SOP for handling / payment of accounts / certificates non-migrated to Finacle CBS

April 8, 2024 3882 Views 0 comment Print

Understand the Standard Operating Procedure (SOP) outlined in SB Order No. 18A/2023 for managing non-migrated accounts and certificates in Finacle CBS by the Department of Posts.

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