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Last year the RBI launched the account aggregator system in India as part of a move aimed at digital transformation in financial services. It provides grea...
The High Court of Jharkhand ruled that in case where an assessee disputes the interest liability, where the calculation or its leviability of interest is d...
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 revised Credit Information Reporting Framework of the RBI is now in the implementation stag...
The RBI has given some extra time to companies that were preparing to file their FLA returns by...
SEBI has made important changes to the Foreign Portfolio Investor (FPI) Regulations t...
The Reserve Bank of India plays a vital role in maintaining the stability of the Indi...
Starting a business in the Middle East or GCC market is a great opportunity. However,...
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