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Annual Compliance

Changes made in punishment and penalty provisions vide...

Changes made in punishment and penalty provisions vide Companies (Amendment) Act, 2020

The Ministry of Corporate Affairs notified about the changes that have been made through the Companies (Amendment) Act, 2020. There are certain changes tha...

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Foreign Investment

Investment by FPI in Defaulted Bonds – Relaxations by...

Investment by FPI in Defaulted Bonds – Relaxations by RBI

The Reserve Bank of India vide A.P (DIR) Series circular no. 12 dated 26 February 2021 allowed certain relaxations in investment by the Foreign Portfolio I...

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Finance Business Internal Audit

A Brief on Forensic Accounting and Investigation Standa...

A Brief on Forensic Accounting and Investigation Standards

With the lack of a standardized process for forensic accounting and investigation, the Institute of Chartered Accountants of India[1] is developing the fir...

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MSME

Non-Disclosure of dues payable to MSMEs in Financial St...

Non-Disclosure of dues payable to MSMEs in Financial Statements

The MSMED (Micro, Small, and Medium Enterprises Development) Act, 2006 (hereinafter referred to as MSMED Act) was enacted on 16th June 2006, by the notific...

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Startup

All about Start-up India Seed Fund Scheme

All about Start-up India Seed Fund Scheme

Start -up India Seed Fund Scheme (SISFS) was approved by the Government of India. The scheme aims to offer financial assistance to start-ups for various st...

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Latest News SEBI

SEBI Rolls out the Legal Entity Template

SEBI Rolls out the Legal Entity Template

The Securities Exchange Board of India recently rolled out the legal entity template through the powers conferred on it under Section 11 (1) of the SEBI Ac...

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Income Tax Taxation

Consequences of Non-Filing of TCS Return

Consequences of Non-Filing of TCS Return

As per Income Tax Act, 1961, a person must file TCS return, failing which he will be penalized under sections 234E, 271H of the Income Tax Act, 1961. The p...

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GST

All you need to know regarding Refunds under Inverted D...

All you need to know regarding Refunds under Inverted Duty Structure

Before the GST regime, cases of inverted duty structure were seen where import duty on raw materials that were used in the production of finished goods was...

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