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Income Tax

Disclosure of Assets in your Income Tax Return

Disclosure of Assets in your Income Tax Return

According to the Income Tax Department, those with high income need to disclose certain assets in their Income Tax Return. The objective behind this disclo...

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SEBI

Dissecting the Powers of SEBI

Dissecting the Powers of SEBI

Securities and Exchange Board of India came into existence as a statutory authority by virtue of an ordinance on 30th Jan 1992. The ordinance was approved...

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RBI Notification

Master Direction on Prepaid Payment Instruments (PPIs),...

Master Direction on Prepaid Payment Instruments, 2021

The Reserve Bank of India (RBI) has released Master Directions on Prepaid Payment Instruments (PPIs), 2021, by a notification dated August 27, 2021. All Pr...

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Finance

A guide to Letter of Credit – Its Features, Advantage...

A guide to Letter of Credit – Its features, Advantages & Disadvantages

Buyers and sellers in international commerce are placed some distance away and are entirely uninformed of one other's financial condition and integrity. Th...

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GST Advisory

Why are Small Businesses failing to keep up with GST Co...

Why are Small Businesses failing to keep up with GST Compliance?

The GST council established rules on how to keep records, send invoices, report purchases and sales, pay taxes, and file returns by GST registered business...

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Income Tax

Know the Various Types of Income Tax Assessments

Know the Various Types of Income Tax Assessments

An assessee earning beyond the basic exemption limit in a Financial Year is required to file a statement that contains his income details, deductions and o...

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Startup

Top Registration Mistakes Made by Startups

Top Registration Mistakes Made by Startups

Every year huge amount of money is invested in innovations, applications etc. Investments help your ideas to be implemented, but today entrepreneurs are su...

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FEMA

Compounding of Contraventions under FEMA, 1999

Compounding of Contraventions under FEMA, 1999

Compounding refers to settlement of the offence committed by the contravener by imposing monetary penalty instead of going to litigation. It is a voluntary...

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