Explore the implications of recent debarments by the National Financial Reporting Authority (NFRA) on Chartered Accountants and firms in India. Understand NFRA’s functions, duties, and its role in ensuring accountability and maintaining financial reporting standards. Stay informed about the penalties imposed and their significance in fostering transparency and credibility in the Indian financial reporting ecosystem.
Learn about India’s innovative approach to resolve consumer disputes by utilizing the Consumer Welfare Fund to cover mediator fees. Enhancing consumer welfare through cost-effective mediation.
Explore the concept of trial in absentia and its significance in the context of the latest bills introduced in the Lok Sabha – Bharatiya Nyaya Sanhita Bill 2023, Bharatiya Nagarik Suraksha Sanhita Bill 2023, and Bharatiya Sakshya Bill 2023. Understand the key considerations, implications, and the transformative impact these bills may have on India’s legal system. Stay informed about the evolving legal framework and its implications for justice delivery.
Understand guidelines outlined in Secretarial Standards (SS)-1 for conducting effective board meetings in compliance with ICSI regulations. Learn about convening, quorum, minutes, and more.
Understand how Sec 50C & 43CA of Income Tax Act affect taxation of immovable property sales. Learn about capital gains, business income & exclusions
Memorandum of Association (MOA) and Articles of Association (AOA) of a corporation are two crucial legal records. Each business needs a set of guidelines to govern its internal affairs. The AOA defines any company’s internal rules and regulations which function as an epic entre for the performance and conduct of almost every activity in the company.
Explore the impact of the 28% GST imposition on online gaming, casinos, and horse racing as recommended by the 50th GST Council meeting. Understand the industry’s outrage, the blurred line between games of skill and chance, and the government’s intention to tax the value generated by these activities. Learn about the potential consequences for players and the gaming industry, and the broader implications for the taxation of virtual assets and emerging markets. Stay informed about the evolving regulatory landscape in the online gaming sector.
Explore the tax implications of Employee Stock Option Plans (ESOP), Employee Stock Purchase Plans (ESPP), and Restricted Stock Units (RSU) received from Indian or foreign companies under the Income Tax Act, 1961. Understand the treatment, valuation, and disclosure requirements for unlisted shares in the context of taxation. Stay informed to ensure accurate filing of income tax returns and compliance with regulatory obligations.
Learn about the guidelines for approving financial statements in board meetings through video conferencing, including procedures, quorum, and compliance requirements.
Discover guidelines for holding AGMs through video conferencing for FY 2022-23. Learn about extensions, eligibility, recorded transcripts, quorum, and more.