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World economic outlook – July 2022 from IMF

September 12, 2022 1005 Views 0 comment Print

Explore the IMFs World Economic Outlook for July 2022, revealing a challenging global economic landscape. Uncover key insights into the economic slowdown, inflation concerns, and the impact on various regions. Delve into IMF’s projections, prescriptions, and SDR allocations, shedding light on India’s economic performance amidst the COVID-19 aftermath. Discover how nations are grappling with declining GDP, rising bond yields, and equity market fluctuations. Gain valuable perspectives on India’s efforts, including vaccination drives and financial assistance, as it navigates through these unprecedented times.

FAQs on Clause 44 of FORM 3CD

September 11, 2022 95856 Views 7 comments Print

If an assessee is not registered in GST (exclusively engaged in making exempt supply) , does clause 44 of Form 3CD Report apply or not?

Prudential Norms : Auditors Liability for willful default

September 11, 2022 2703 Views 0 comment Print

Explore the recent RBI norms on auditors liability for willful default, emphasizing the role of Chartered Accountants in ensuring accurate financial reporting. Understand the criteria for identifying non-cooperative borrowers and the consequences for auditors found negligent. Dive into the mechanisms and procedures outlined by RBI for dealing with willful default cases, offering insights into the definition and consequences of willful default and diversion & siphoning of funds. Stay informed on the regulatory landscape and guidelines to maintain financial integrity

Is Bitcoin Mining Illegal?

September 11, 2022 3669 Views 0 comment Print

When Satoshi Nakamoto launched Bitcoin in 2009, there was much hope in the cryptocurrency as a better alternative to the centralized financial system.

How Much Energy Goes into Bitcoin Mining?

September 11, 2022 2007 Views 0 comment Print

You probably already have heard about Bitcoin, the most popular cryptocurrency. You might even be a Bitcoin user. But do you know anything about Bitcoin mining?

Ways to Use Bitcoin in Your Daily Life

September 11, 2022 2571 Views 0 comment Print

Have you used Bitcoin today? Better still, how many times have you used Bitcoin in the last week? These questions would shock most people, including those who consider themselves staunch Bitcoin users.

How Bitcoin Impact Society

September 11, 2022 4662 Views 0 comment Print

When Satoshi Nakamoto launched Bitcoin in 2009, not many people thought it would become such a big thing. Today, Bitcoin is causing waves across all parts of society

Initial Phase Social Stock Exchange – Framework So Far: Part 2

September 10, 2022 735 Views 0 comment Print

Explore the regulatory landscape of Social Stock Exchange (SSE) through SEBI’s amendments in the Listing Obligations and Disclosure Requirements. Delve into the framework, including materiality disclosures, event reporting, annual impact reports, and the roles of Social Auditors and Social Audit Firms. Stay updated on the evolving Initial Phase of SSE in this insightful Part 2 analysis.

20 important points while finalising company audits for 31.3.2022

September 10, 2022 4785 Views 0 comment Print

Unlock the key changes for finalizing company audits as of March 31, 2022. Dive into Schedule III amendments under the Companies Act 2013, covering rounding off figures, shareholding disclosures, loan details, and vital financial ratios. Stay informed for a seamless audit process.

All about Clause 44 of FORM 3CD of Tax Audit Report

September 10, 2022 205587 Views 2 comments Print

Unlock the insights into the intricate details of Clause 44 in Form 3CD of Tax Audit Report. Navigate through the breakdown of total expenditure under GST, addressing complexities and considerations for accurate reporting. Stay informed for seamless compliance.

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