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Taxation

An Overview of Specified Financial Taxation (SFT)

SFT

Under section 285BA of the Income Tax Act, 1961, an SFT (Statement of Financial Transaction) or (Specified Financial Transactions) is a report which is fil...

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FEMA

Realisation and Repatriation of Foreign Exchange under...

repatriation of foreign exchange

Any person who is resident in India to whom any amount of foreign exchange is due or has accrued shall, except according to the extent of specific provisio...

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GST

A perspective on applicability of GST on used vehicles...

GST on used vehicles

The advent of Goods and Services Tax (GST) has proven to be a godsend for the automobile sector. The impact of the applicability of GST on used vehicles ha...

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GST

Applicability of GST on supplies under CSR

GST on supplies under CSR

In furtherance of the efforts to combat the pandemic, the corporate sector deployed their Corporate Social Responsibility (CSR) funds to make available med...

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Insolvency and Bankruptcy

Sale of Going Concern under IBC

Sale of going concern

The sale of going concern means selling on “as is where is basis” wherein the liquidator sells the business of the company as a whole which is undergoi...

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Insurance License

Risk Management Services after obtaining Insurance Brok...

Risk Management Services

Risk management service is to assess and quantify the likelihood of financial impact of events occurring in the customer’s world that require settlement...

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SEBI

Automation of disclosure requirements under SEBI (Subst...

Automation of disclosure requirements

A circular was released by Securities and Exchange Board of India (SEBI) on Automation of Disclosure Requirements under SEBI (Substantial Acquisition of Sh...

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Insurance License

Suspension of Insurance Broker Registration by IRDAI...

Suspension of Insurance Broker Registration

Chapter V of the Insurance Regulatory and Development Authority of India (Insurance Brokers) Regulations, 2018 contains the provisions of suspension of Ins...

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