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RBI issues Master Circular on Bank Finance to NBFCs...

Bank finance to NBFCs

Non-banking financial companies have a significant role to play in the India’s current financial system. It broadens the access to financial services and...

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Amendment to the Faceless Assessment Scheme vide Financ...

Finance Bill 2022

The faceless assessment scheme was introduced in 2020, and after two years of its operation, Finance Bill 2022 intends to simplify and rationalise the prov...

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An overview of the 2022 Budget

2022 Budget

As always, there have been mixed responses from the industry and people with respect to the changes brought in the 2022 budget. Following are the highlight...

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Key Budget Expectations on Personal Taxation Front

Personal Taxation Front

The Union Budget 2022 is just a few days away from being presented in the Lok Sabha. One of the noteworthy facts here is that the budget will be presented....

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Highlights of the Annual Report of Ombudsman Scheme 202...

ombudsman scheme

Recently, the Reserve Bank of India (RBI) has come out with its annual report on the Ombudsman Scheme and the report highlights that the maximum number of...

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Expectations from the Budget 2022-23

Expectations from the budget

Like every year, the Union Budget is set to come up on 1st February, 2022 for the financial year of 2022-23. All the concerned people are eagerly waiting f...

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Latest News Taxation

A Taxpayer has a vested right to personal hearing: Delh...

Right to personal hearing

The Delhi High Court, in the case of Bharat Aluminium Company Limited v Union of India and Ors, ruled that an assessee must be given a reasonable opportuni...

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Crucial Financial Changes to kick in from 1 Jan 2022...

Crucial Financial Changes to kick in from 1 Jan 2022

As we edge closer to the end of 2021, there are a few notable changes that is set to kick in from 1st Jan 2022. This includes changes in banking...

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