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Income Tax

Dilemma over delayed interest payment

delayed interest payment

The process of getting a refund back from the Income Tax Department is in itself a very tedious task. It comes with its own set of challenges and delays. O...

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Insurance Web Aggregator

Grounds for Insurance Web Aggregator License Cancellati...

Insurance Web Aggregator License Cancellation

An insurance web aggregator license is mandatory for an entity to offer the services of insurance web aggregator. Without having this license, nobody can c...

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PMLA

PMLA doesn’t prevent authorised officer from passing...

provisional attachment order

The Supreme Court recently on 14th February, 2022 declared that there exists no provision under the Prevention of Money Laundering Act, 2002 (PMLA)  r...

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Internal Audit

An overview of Audit Planning

Audit Planning

While planning for an audit, it requires establishing an overall audit strategy for engaging and developing an audit plan. The auditor’s role is to devis...

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Compliances

An overview of Compliance Audit

Compliance Audit

A compliance Audit, simply put together, is a tool of compliance which is utilized by both the internal and external auditors for the assessment and verifi...

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AIF Registration

SEBI introduces Special Situations Funds as a sub categ...

Special Situations Funds

The Securities and Exchange Board of India (SEBI) in its recently held board meeting on 28th December, 2021 introduced Special Situations Fund as a new sub...

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Compliances

Banks to seek prior approval for Foreign Currency Depos...

Foreign Currency Deposit Schemes

Recently, The Reserve Bank of India (RBI) has come out with a mandate which forces the banks to seek its prior approval before extending any kind of foreig...

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RBI Notification

All you need to know about Digital Rupee or Central Ban...

CBDC

The Union Minister of Finance in the budget of 2022-23 made one of the expected announcements of India’s own digital rupee or Central Bank Digital Curren...

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