India's financial sector is under intense strain, grappling with a liquidity crisis. In such unprecedented times, Franklin Templeton Mutual Fund ('FT India') is another victim of Covid-19. FT India have decided to shut six of its open-ended debt funds.
In this article, we’ll quickly unpack what counts as taxable gold, show real-life examples of items that qualify (and those that don’t), and explain how your holding period determines whether you owe tax at a higher slab rate or a concessional rate for long-term gains.
Internal Audit has benefits like monthly Visits for analysis of data, guidance to accounts team and informal training, and many more.
In this blog, we will discuss the impact of this growth on the Goods and Services Tax (GST) for mobile phones.
A digital signature is an electronic signature that authenticates an electronic or virtual document. Not only that, a digital signature acts as a unique virtual fingerprint
Reserve Bank of India (RBI), vide Press Release dated 16th January, 2023, has releases Discussion Paper on Expected Loss (EL)-based Approach for loan loss provisioning by banks and has proposed a framework for adoption of an 'expected loss-based' approach for provisioning by banks (As part of the Statement on Developmental and Regulatory Policies released on September 30, 2022).
Latest GST updates for October 2025 - manual ITC claims, credit note rules and mandatory GSTR 2B before GSTR 3B filing.
APEP Scheme is a financial assistance scheme introduced by APEDA (i.e., Agricultural and Processed Food Products Export Development Authority) for facilitating the export of Agri-products by providing assistance to exporters. The scheme shall be valid for 5 years from FY 2021-22 to 2025-26.
The section 16 (3) reiterated below grants two options to the exporters of Goods or Services or both (a) to export goods or services under Letter of Undertaking (LUT)/Bond and claim refund of Input Credit.
The most important section in Income Tax Act, 1961 that lays down various products/options available to taxpayers is Section 80C. The total admissible deduction under Section 80C is Rs.150,000.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English