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RBI Notification

RBI Launches ‘HARBINGER 2021’- Its First Gl...

RBI Launches 'HARBINGER 2021'- Its First Global Hackathon

The Reserve Bank of India recently announced the launch of HARBINGER 2021- its first global hackathon. The theme of this global hackathon will be Smarter D...

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GST

Issuance of Form GST APL-02 could be simplified

Form GST APL-02

In the case of a dispute about the amount of GST payable, penalty under the Act, or an order issued by a GST Officer, the taxpayers registered under GST ha...

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Income Tax

Taxability of Dividend in Income Tax Returns

Taxability of dividend

As a taxpayer, one may be unclear about the taxability of dividend income and also how to report dividend income on the income tax return for a financial y...

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Finance

PML Act 2002: Special Courts, Role of Police, Duty of o...

PML Act 2002 Special Courts, Role of Police, Duty of other Departments

The legal denotation of the term Money Laundering is to process illegally obtained money through a legitimate business or send it to a foreign account and...

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Taxation

E-Settlement Scheme for Small Taxpayers

E-Settlement Scheme for Small Taxpayers

Recently CBDT (Central Board of Direct Taxes) announced the introduction of the e-settlement scheme, 2021. This scheme is aimed to settle pending applicati...

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NBFC

Benefits of Account Aggregator Framework to Customers...

Benefits of Account Aggregator Framework to Customers

The account aggregator framework is a data-sharing system that will provide easy access to financial data to parties in the financial ecosystem. It is expe...

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News

Uniform norms issued for accountability to protect bona...

Uniform norms issued for accountability to protect bonafide decision of bankers

The finance ministry recently issued uniform norms- staff accountability framework for NPA accounts up to 50 crore rupees to protect people taking bonafide...

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NBFC

Company can Acquire Properties despite Cancellation of...

Company can Acquire Properties despite Cancellation of Its NBFC Registration- Kerala High Court

The Kerala High Court made a ruling that even if an entity’s NBFC license has been stripped, it shall continue to operate as a company and a legal person...

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