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An investment property is a property that has been purchased to earn the return either through rental income or to resale the property which has been purchased. In Indian Accounting...
Any kind of business needs funds to operate and to meet its day to day requirements in the economic world. Whether the business concern is small or big, irrespective of...
The Indian Accounting Standard has been prescribed by the Institute of Chartered Accountant of India where the IND AS 12 has been specifically prescribed for accounting treatment on Income Tax....
Ministry of Corporate Affairs (MCA) issued a notification on 30th April 2019 amending the Charge filing fees for registration of "Charge Created" and "Charge Modified". MCA has notified Companies (Registration...
To phase out the flagship Merchandise Exports from India Scheme (MEIS). The commerce ministry has circulated a Cabinet note and move to a more WTO - Compatible regime, as countries...
The Union Budget 2019 presented by Honorable Finance Minister Mrs Nirmala Sitharaman has introduced various schemes and benefits for individuals such as 80EEA and 80 EEB. In a recent development,...
In India, Portfolio Management System is regulated by the SEBI (Portfolio Managers) Regulations, 1993. Due to the investment restrictions on mutual funds imposed by SEBI, High net-worth individuals generally invest...
There is a specific standard mentioned in the Accounting Standard for Accounting for Amalgamation i.e. AS-14. The Accounting Standard (AS-14) is applicable when two companies amalgamate and accounting for amalgamation...
Finance Minister Nirmala Sitharaman presented her first Union Budget on 5th July 2019 and added new Section 194N in the present Income Tax Act, 1961. The Union Budget of 2019...
Recently CSR Rules have been amended. By the way of an amendment to Company law, Finance Minister Nirmala Sitharaman has passed a specific reform to ensure more transparency and also...
The deferred tax liability and deferred tax asset are very important components of financial statements. The deferred tax brought into accounts to make a clear picture of current and future...
Cash management in business is a crucial part to keep the business running and there are many factors that play a role in maintaining a margin of optimum utilization of...
