• banner
  • banner
  • banner

My Articles

Related Party Transaction
RELATED PARTY TRANSACTION (As per Guidance Notes on Related Party Transaction)    A company, in the course of conduct of its business,...

Continue Reading...
FDI in INDIA
FDI   When an organization deals with foreign currency, it has to comply with all regulatory requirements. There are requirements fr...

Continue Reading...
Applicability of IND AS
1. For Companies other than banks, NBFC, and Insurance companies:               ...

Continue Reading...
Sovereign Gold Bond
1. What is Sovereign Gold Bond (SGB)? Who is the issuer? SGBs are government securities denominated in grams of gold. They are substitutes for holdin...

Continue Reading...
DTVSV (Vivad se Vishwas Scheme 2020)
Objectives of Vivad Se Vishwas Scheme 2020   Reduce income tax pending litigation Generate timely revenues for the Government ...

Continue Reading...
Depreciation and Block of Fixed Assets (under Income Tax Act)
Depreciation and Block of Fixed Assets (under Income Tax Act)   First of all, let’s understand what is Depreciation. In simpl...

Continue Reading...
TDS on payment of Rent by Individual/HUF in Excess of Rs. 50,000 per month
TDS on payment of Rent by Individual/HUF in Excess of Rs. 50,000 per month [Sec- 194-IB]   This section is applicable w.e.f 01/06/2017. ...

Continue Reading...
 

News & Events

23/01/2025
Phase III of HSN code reporting in GSTR-1/1A to roll out from February
CBDT clarifies past investment from Mauritius
Implementation of mandatory mentioning of HSN codes in GSTR-1 & GSTR 1A
Direct Tax Vivad se Vishwas Scheme, 2024 update
RBI's new Guidelines - Banks will call you only from These 2 Numbers
22/01/2025
FM likely to increase outlay for 2 key tax remission schemes for exporters by 10%
Rupee sees high volatility against US dollar
NDFC Seeks Import Duty rationalisation, lower GST in Budget
21/01/2025
RBI allowed asset reconstruction companies (ARCs) to settle dues with borrowers
Union Budget 2025: NPS contributions of up to Rs 50,000 to the National Pension System (NPS)
Relief for more taxpayers in Vivad Se Vishwas Scheme
Egregious misuse of IPO money in some cases, bankers shouldn’t get bad cos to markets
Expert Demand 87A tax rebate increase, home loans, income tax slabs linked with inflation & others
RBI eases norms for ARCs to settle with defaulters
18/01/2025
SEBI asks mutual funds to disclose information ratio of schemes
India’s Forex Reserves decline by $8.7 Billion to $625.87 Billion
India’s Economic Growth Poised for Rebound Amid Rising Rural Demand
FM Nirmala Sitharaman may introduce new income tax bill in Budget session
17/01/2025
Rupee gains 3 paise to 86.58 against US dollar in early trade
RBI injected over Rs. 40,000 crore into the banking system through 2 Auctions
SC asks GST Department to Rectify issues over Fake Invoices
90k Salaried individuals withdraw Rs 1,070 Cr worth wrongful tax deduction claims
 
23/01/2025
CBDT notifies amendments in Income-tax Rules
22/01/2025
Income-tax (First Amendment) Rules, 2025
20/01/2025
Guidelines on Settlement of Dues of borrowers by ARCs
18/01/2025
Seeks to amend Notification no. 01/2017- Central Tax (Rate)
Seeks to amend Notification no. 02/2017- Central Tax (Rate)
Seeks to amend Notification no. 39/2017- Central Tax (Rate)
Seeks to amend Notification no. 08/2018- Central Tax (Rate)
Coverage of customers under the nomination facility
17/01/2025
Prevention of financial frauds perpetrated using voice calls and SMS – Regulatory prescriptions and Institutional Safeguards