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Transfer Pricing in India

A glance through Transfer Pricing Penalties

Transfer Pricing Penalties

The prices that related parties levy one another for goods and services passing between them is referred to as transfer pricing. In other words, it refers...

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Finance & Accounting

Identification of Operating Segments under IFRS 8

IFRS 8

IFRS 8 deals with the identification of operating segments of an organization. The underlying concept of IFRS 8 is that an organization should disclose inf...

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Finance & Accounting

GAAR accounting and its Scope to combat tax evasion...

GAAR

The provisions for General Anti-Avoidance Rules ('GAAR') were added to the Income Tax Act of 1961 ('Act') on April 1, 2017, by way of introduction of Chapt...

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Transfer Pricing in India

Arm’s length principle – The basis of International...

Arm’s length principle

Transfer pricing is a significant issue in many developing nations when it comes to related-party transactions. A transfer price refers to a price at which...

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RBI Notification

RBI Launches UPI123Pay for Feature Phones

UPI123Pay

The Governor of the RBI launched UPI for feature phones which will allow India’s feature phone users to access UPI payment service.  He also announced t...

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Insurance Web Aggregator

Rejection of Insurance Web Aggregation Registration App...

Rejection of Insurance Web Aggregation

Regulation 12 of the Insurance Regulatory and Development Authority of India (Insurance Web Aggregators) Regulations, 2017 lays down the instances where re...

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Insurance License

Concept of Direct Brokers in Insurance

Direct brokers in Insurance

The importance of insurance has increased significantly in the last few years, especially when the world went through the pandemic. Insurance has helped in...

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Insurance License

What are Insurance Brokers License conditions?

Insurance Brokers License conditions

Regulation 13 of the Insurance Regulatory and Development Authority of India (Insurance Brokers) Regulations, 2018 lays down the conditions for the insuran...

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