This is my humble attempt to summarize budgetary changes reg. Service Tax and Cenvat Credit provisions in nut-shell and also in common language and may be chances in error somewhere during preparation so it is advised to refer relevant authority in A
Applicability: If the company has Net Worth of Rs. 500 crore In any of the closure of FY in 2013-14, 2012-13 & 2011-12 Turnover of Rs. 1000 crore Net Profit of Rs. 5 crore Then the compa
Input Credit mechanism under proposed GST regime-The milestone to achieveBACKGROUND:Before I begin this article it is worthwhile to discuss the background behind this since as of today no professional as well dealer is sure about the consequences of
Have you read "India appoints a new central-bank governor" on http://www.economist.com/news/finance-economics/21705542-urjit-patel-will-succeed-raghur
Section 92(3) of the Companies Act, 2013 provides that �An extract of the annual return in such form as may be prescribed shall form part of the Board&rsq
FEMA - Update and Analysis In this update, we have discussed some of the recent important amendments under FEMA:-Overseas Investment by Venture Capital Funds (VCFs) It is clarified that Domestic Venture Capital Funds registered with SEBI, have been p
Hedge Fund IndustryIn 2005, Absolute Return magazine found there were 196 hedge funds with $1 billion or more in assets, with a combined $743 billion under management - the vast majority of the industry's estimated $1 trillion in assets. However, ac
In this article, we will delve into the ethical issues in accounting & finance faced by accountants.
TCS u/s 206C (1H) has come into effect on 1st October 2020. Herein, we have answered some of the most asked questions regarding the section.
The business teams mental picture of an auditor is of a guy focused on nitpicking financial accounts. The excessive focus from regulators on internal controls in finance processes has stereotyped auditors. However, in these dynamic economic cond
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English