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In the case of Anirudh Kamal Shukla v. Union of India, the Allahabad High Court ruled that for money-launderers Jail is the rule & bail is an exception...
The production linked incentive scheme was introduced first in 2020 with a view to boost domestic manufacturing. This scheme has been launched in 13 sector...
IFRS 9 is effective for the fiscal years beginning on or after January 1st, 2018, while early adoption is also permitted. The International Accounting Stan...
A parent entity is required by International Accounting Standard 24 to disclose its transactions with associates, joint ventures, or subsidiaries, commonly...
Ind AS refer to Indian Accounting Standards which are converged standards for International Financial Reporting Standards. The existence of Indian Accounti...
Recently the Madras High Court denied to grant a refund of the amount lying in the electronic cash ledger of the assessee due to serious allegations agains...
The Reserve Bank of India recently issued the framework for geo-tagging of payment system touchpoints. The RBI had shown its interest to launch a framework...
IAS 23 addresses whether interest or financing charges of borrowing money should be expensed or capitalized. The standard specifies whether borrowing expen...
Payment aggregators are playing a crucial role in India's digital economy. From small shops to...
India today has set an ambitious goal to become a $5 trillion economy by 2027-28. Although a st...
The Securities and Exchange Board of India (SEBI) works for the proper regulation of the stock...
The Money lending business refers to the act of lending money. It is mandatory to get a license...
Artificial intelligence, or AI, is rapidly changing the image of the financial sector. Banks, N...
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