The DA rate for PSU employees for Oct-Dec 2025 (Q3 FY 2025-26) is set at 51.80%, an increase of 2.80% from the previous quarter, based on the latest CPI-IW indices
Summary of Section 37(1) IT Act for business expenditure deduction. Covers “wholly and exclusively” test, commercial expediency, and disallowance of capital, personal, and illegal expenses.
CBIC withdraws circular requiring CA/CMA certificate for post-sale GST discount ITC reversal proof. Reduces supplier burden, restores reliance on S15(3)(b)(ii) statute.
Overview of capital budgeting tools for manufacturing firms. Details NPV, IRR, risk analysis, and after-tax cash flow modeling for strategic asset acquisition and lease vs. buy decisions.
Comparative analysis of working capital issues and tools in manufacturing (inventory, bulk cash) and service (debtors, cash mismatch) sectors. Includes CCC calculation examples.
RBI kept the repo rate at 5.50% in the Oct 2025 policy. GDP growth is projected at 6.8%, and inflation at 2.6%. New rules for credit loss, capital risk, and lending.
CBIC implemented GST rate changes (Sept 22,2025). Handicrafts cut to 5%, bricks/tiles to 12%. Job work reduced to 5%/1.5%. Individual insurance made exempt.
Learn the role of Independent Directors (IDs) under the Companies Act, 2013, and SEBI LODR in ensuring good corporate governance. IDs provide oversight, protect minority interests, and enhance transparency and accountability on the board.
Understand the statutory framework of Branch Audit under the Companies Act, 2013, including the role of the branch and central auditors. Learn about their responsibilities, reporting requirements, and the reliance on SA 600.
Understand the transition from the Income-tax Act, 1961, to the 2025 Act, effective April 1, 2026. This summary clarifies how the legacy law governs pending obligations, assessments, appeals, and tax returns for prior financial years.
