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Assessment of NPA in Bank Audit

Assessment of NPA in Bank Audit

It was once stated by the top RBI official that the modern method of System driven identification of bad loans has not proved to be robust as much as neces...

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Transfer Pricing in India

Transfer pricing provision in India

Transfer pricing provision

A significant volume of the trade worldwide comprises of the transactions between different enterprises within the group of the multinational enterprise (M...

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Foreign Investment

FDI from Mauritius: Will finance companies be able to i...

FDI from Mauritius

Mauritius is considered one of the hot spots in the world for tourism. A major portion of the Mauritian economy depends on the tourism sector. Apart from t...

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AT-1 Bonds

AT-1 Bonds: Explained

Additional Tier-I (AT-1) bonds

The Reserve bank of India (RBI) has considered an application to write down Additional Tier-I (AT-1) bonds as a part of a package of SBI-led restructuring...

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RBI Notification

RBI Notification on Escrow Account of Scheduled Commerc...

Scheduled Commercial Bank

The Reserve Bank of India (RBI) brought out a notification on maintenance of escrow account with a scheduled commercial bank in India. This notification wa...

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GST Returns

Consequences of non-filing of GST returns

GST returns

The effective implementation of the new indirect taxation law i.e. GST requires stringent action against the offenders of the tax. To promote compliance wi...

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Taxation

Lakshmi Vilas Bank Moratorium: Central Government Order...

Lakshmi Vilas Bank

With a view of reducing the amount of withdrawals in the private sector, the Central Government has placed the private sector lender Lakshmi Vilas Bank und...

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Income Tax Taxation

Tax saving Scheme under section 80C

Tax saving

Tax saving is an integral part of everyone’s life. The tax saving investment can be made to save tax, as there are many deductions are mentioned under se...

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