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Fraud can be of 2 types- fraudulent financial reporting and misappropriation of assets. You may have also heard of the term fraud risk factors, which means...
Taxpayers must be cognizant of the repercussions of underreporting income or overstating deductions and exemptions when completing an income tax return. Ac...
In a recent case, an assessee was issued show cause notice on 19th April 2021, giving him the opportunity to file a response by 21st April. The assessee re...
As a new digital payment solution, e-rupi was launched recently. It is a cashless and a contactless instrument for digital payment. It has been launched wi...
Under Section 147 of Income Tax Act, the Income Tax Department has the power to reassess previously filed income tax return of an individual. The Assessing...
The Lok Sabha recently passed the Limited Liability Partnership (Amendment) Bill, 2021, with a view to encourage the start-up ecosystem and facilitate grea...
Nowadays, mutual funds are amongst the most popular investing alternatives. A mutual fund is an investment mechanism formed when an asset management compan...
The Companies Act, 2013 under Section 138, states that a class or classes of companies as prescribed would be required to appoint an internal auditor who w...
SEBI has taken a major step to make compliance reporting easier in the Indian securities market...
India's digital payment system is growing rapidly. Now, many businesses are getting involved in...
AI is becoming an important part of banking, payments, securities markets, and financial servic...
The RBI has brought a change in the concentration of risk norms for NBFCs involved in infrastru...
The Securities and Exchange Board of India (SEBI) has recently proposed some important changes...
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