Explore practical solutions to address corporate governance lapses in Indian startups. From strengthening regulatory frameworks to promoting independent boards and whistleblower protection, learn how regulatory reforms and increased transparency can enhance governance practices. Stay informed for a resilient startup ecosystem.
HC set aside penalty order passed under Section 112(a) of Customs Act, 1962 and held that assessee cannot be penalized for abetting illegal import as there is no evidence that assessee has knowledge of import of prohibited goods.
Exciting news! Today, let’s dive into the essential steps of the Record-to-Report (R2R) process, a critical component of financial operations. I’ll walk you through each step with a concise example to showcase their significance. Let’s get started! Step 1️ – Record: In this initial step, financial transactions are meticulously recorded, such as capturing sales data, […]
Get answers to FAQs on Income-tax Returns for Assessment Year 2023-24. Learn about income period, taxpayers’ eligibility, due dates, ITR forms, crypto trading, revised returns, AIS, and more. Stay informed for a hassle-free tax filing experience.
Explore key decisions from the 50th GST Council meeting on tax rates, administrative measures, and exemptions. Stay informed on GST updates and recommendations for smoother compliance.
Discover how 2023 Amendment is accelerating the process of fast-track mergers in India. Learn about changes introduced to Rule 25 of Merger Rules, including time-bound approval and presumed permission. Gain insights into benefits, challenges, and implications for businesses engaging in statutory arrangements.
Registered taxpayers in India with an aggregate turnover of more than 2 crores in a financial year must have their accounts book audited by an authorized Cost Accountant or a Chartered Accountant in accordance with Section 35 (5) of CGST Act.
Chapter IV of IBC (Section 55 to Section 58) provides for application for Fast Track process along with all proof of existence of default as evidenced by records available with an information utility specified by IBBI
In the rapidly evolving landscape of technology and intellectual property, artificial intelligence (AI) has emerged as a powerful tool with significant implications for trademark law.
Explore the reasons behind increasing corporate governance failures in Indian startups. Uncover challenges like rapid growth, limited regulatory oversight, fundraising pressures, transparency issues, talent shortage, and cultural influences. Understand the dynamics affecting governance in the evolving startup ecosystem.
