"Fellow member of the Institute of Chartered Accountants of India (ICAI) having extensive experience in Statutory Audits. Certified in IFRS from ICAI. A versatile and dynamic professional, he has a thorough grasp of Accounting Standards/IFRS/Ind-AS principles, corporate and taxation laws, and statutory enactments. He specialises in diagnostic study for IFRS/Ind-AS Implementation and preparation of Ind-AS Compliance Financial Statements. "
Discover how SQC-1 enhances your firm’s quality control, ensuring compliance and boosting credibility. Unlock your full potential with this essential standard.
Learn about Ind AS 109 hedge accounting, focusing on fair value and cash flow hedges. Discover their differences, accounting treatments, and practical applications.
Understand Expected Credit Loss (ECL) under Ind AS 109: Learn about recognition, importance, and challenges. Explore practical applications and implications for financial institutions.
DIRECT TAX PROPOSALS ♦ New Tax Slabs for Individuals and HUF (Section 115BAC) Finance Bill proposes to give an option to Individuals and HUF to compute the tax liable on income earned at the rate and as per the procedure mentioned below: Income Slab Existing Rate New Tax Rate 0-2,50,000 0% 0% 2,50,000-5,00,000 5% (Rebate […]
A. DIRECT TAX PROPOSALS-GENERAL 1. Tax Rate Corporate Tax rate Corporate tax rate reduced to 25% (plus applicable surcharge and cess) for a domestic company having total turnover/ gross receipts not exceeding Rs 400 Crores in FY 2017-18 as against the current limit of 250 crores. In other cases, the tax rate remains unchanged at […]
