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The finance bill has proposed to add Section 194R to the Income Tax Act 1961. Although this change will be effective from July 1, 2022. This section has be...
The Finance Minister had announced Union Budget 2022 on 1st Feb 2022 wherein no changes were made to the existing tax structure, which disappointed a few o...
IAS 16 specifies the accounting treatment in relation to property, plant, and equipment (PPE), making it one of the essential and widely used standards. Th...
There may be a period of time between the balance sheet date (or the reporting date) and the day the financial statements are approved. Some events will oc...
Banks must follow the internal capital adequacy assessment process in order to perform risk assessment. The RBI has placed the ICAAP requirement for middle...
Have you ever noticed that cigarettes or alcoholic drinks cost more than their cost of production. The reason behind this is a significant amount of their...
Section 269SU under the Income Tax Act was introduced with a view to promote cashless economy and stimulate digital mode of accepting payments. This articl...
With the commencement of the new income tax regime, as a taxpayer you may be confused about which one is better among the Old and new income tax regime. To...
The Reserve Bank of India (RBI) has recently issued new guidelines aimed at reducing unfair cha...
Corporate tax plays an important role in selecting the ideal location for setting up a business...
The United Arab Emirates (UAE) is recognized as the top global destination for innovation and i...
Did you or anybody in your family invest in Axis Bank Limited shares during the 1990s or early...
The Pharmaceutical industry is India's top gross domestic product (GDP) contributor. The market...
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