Forex Transactions indicate the sale and purchase of foreign currencies. It is an agreement of exchanging currency of one country for the currency of the other at an agreed exchange rate on a pre-determined date.
CBIC has issued few notifications in which they have provided relaxation to the taxpayers who have failed to file GSTR from July 2017 to April 2021. Discussing the same in this article.
GoI has recently made an amendment in the Finance Act 2021 by inserting a new Section 206AB which prescribes a higher rate of TDS for those Vendors/ Suppliers who have not filed their ITR for the last 2 years.
Every year there are more than 50,000 reported cases of Credit and Card Frauds in India which causes a laundering of nearly Rs. 220 crores. Let us discuss all about Credit Card Fraud.
The new e-filing portal is aimed to give ease, a modern and smooth interface to taxpayers. It is another initiative for providing ease of compliance to taxpayers and other stakeholders.
MCA via a notification dated 07th June 2021 has notified the Companies (Incorporation) 4th Amendment Rules 2021 wherein a new form Agile Pro - S has been released.
Section 112 of the Finance Act 2021 shall come into force on 1st June 2021. This section seeks to amend Section 50 of the CGST Act, 2017 which relates to Interest on Delayed Payment of GST.
A Welcome Circular that amends the conditions of use of amount available in the electronic credit ledger as per Rule 86A of the Central Goods and Services Tax (CGST) Rules, 2017.
Pursuant to the GST Council recommendations in their 43rd meeting, CBIC has issued a series of notifications relaxing the GST compliance requirements. Same has been summarised here.
All term insurance plans cover death benefits, but it depends on how the insured dies. There are a few major types of death that are not covered under term plans.
GST Live Certification Course (39th Batch) - April 2024 (Weekend Batch) (With Certificate)
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"