Articles by Affluence Advisory

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Peer Review of Practicing Company Secretaries (PCS)

  Affluence Advisory    22 September 2023 at 09:10

Peer Review is a process used for examining the work performed by one's equals (peers) and understanding the systems, practices, and procedures followed by the Practice Unit, and giving suggestions, if any, for further improvement.



India's Online Gaming Landscape: Growth, Regulations and Opportunities

  Affluence Advisory    16 September 2023 at 10:54

Online gaming companies in India, are subject to a number of laws and regulations. These laws and regulations are designed to protect consumers, ensure fair play, and prevent illegal gambling.



Brief note on Conversion of Private Company into Public Company

  Affluence Advisory    15 September 2023 at 10:23

Stepwise process for conversion of Private Company into Public Company



Comprehensive Guide to Annual Filing Forms AOC-4 and MGT-7

  Affluence Advisory    12 September 2023 at 14:03

We have made an attempt to provide information cum clarification on Forms AOC-4 & MGT-7 for reporting the Financial Statements and Annual Return, respectively, as the Annual Filing is soon approaching.



RBI Approval for Change in Management of NBFC

  Affluence Advisory    05 September 2023 at 08:58

Non-Banking Financial Companies (NBFCs), as the name suggests, are the companies established under the Companies Act. NBFCs are intermediaries engaged in the business of finances, accepting deposits, delivering credit and hence play an important role in channelizing the scarce financial resources towards the creation of wealth.



LLP Act: Condonation of Form Filing Delays under Section 67

  Affluence Advisory    02 September 2023 at 14:32

Condonation of delay in filing of Form 3, Form 4 and Form 11 under Section 67 of the Limited Liability Partnership Act, 2008



Outsourcing of Information Technology Services

  Affluence Advisory    30 August 2023 at 08:54

The outsourcing of information technology (IT) services has become increasingly prevalent in the banking and financial sector. There are several challenges that have come up and regulators have stepped in with a framework to enable prudent risk management.



Stock Brokers and Depository Participants: Increased Website Compliance

  Affluence Advisory    28 August 2023 at 08:59

SEBI has issued a circular dt: February 15, 2023, vide which SEBI has specified certain information that is required by Stock Brokers and Depository Participants to be published on its website.



Impact of insertion of Rule 88D in CGST Rules 2017

  Affluence Advisory    25 August 2023 at 08:58

The captioned rule deals with differences in ITC availed as per GSTR-3B and credit reflecting in GSTR-2B of a particular period/periods.)



Reversal of ITC in case where Supplier has not remitted the tax

  Affluence Advisory    24 August 2023 at 14:35

ITC reversal in the hands of recipient of goods or services in case of default made by supplier by not depositing the tax collected with the Government.




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