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FEMA

Curious case of FEMA violations by RR (Rajasthan Royals...

FEMA violations by RR

A curious of case of FEMA violations by RR has been discussed in the following piece of information wherein the Directorate of Enforcement has alleged that...

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SEBI

SEBI revises disclosure format for abridged prospectus...

Abridged Prospectus

Capital markets regulator Securities Exchange Board of India vide circular SEBI/HO/CFD/SSEP/CIR/P/2022/14 revised the format of abridged prospectus. This c...

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Latest News

Amendment to the Faceless Assessment Scheme vide Financ...

Finance Bill 2022

The faceless assessment scheme was introduced in 2020, and after two years of its operation, Finance Bill 2022 intends to simplify and rationalise the prov...

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Financial Reporting

Considerations in IFRS 2: Share-based payment transacti...

Share-based payment transactions

The International Financial Reporting Standard (IFRS 2) requires a company to record share-based payment transactions in its financial statements, which in...

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Finance & Accounting

A summary of IAS 7: Statement of cash flows

Statement of cash flows

The purpose of this Standard is to necessitate the presentation of information regarding a corporation's historical changes in cash and cash equivalents th...

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Taxation

Proposed changes in Personal taxation in 2022 Budget...

Personal taxation

The Union Finance minister has recommended certain changes in the Finance Bill, 2022 through Union Budget 2022-23 relating to personal taxation. There were...

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GST

Proposed changes in GST law in 2022 Budget

changes in GST

The Finance Minister presented the Union Budget of 2022 in the wake of highest recorded tax collections of 1.38 lakh crores through GST revenues. The Union...

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Digital Transformation

What are ‘virtual digital assets’? A detailed Expla...

virtual digital assets

The Budget of 2022 has made the Cryptocurrency investors rife because of the imposition of 30% tax on them. However, mostly people are not aware that the p...

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