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All about Thin Capitalisation
Thin capitalisation refers to the situation in which the portion of the debt is heavier than the equity. They are sometimes referred to as highly leveraged or highly geared companies.
The story of Air Indias Flight of Full Circle
Air India, a relic of state ownership threatened by losses, bloated costs and more nimble rivals, needs to secure a massive debt and operational overhaul if it is to survive in a market growing at 20% a year.
Extension of cheque's life span- The need of the hour amidst COVID-19
Extension of the cheque's validity span has now become the need of ours in this crucial time. It will be more helpful to small vendors, creditors, and many other corporate companies and also to all business models. Hope the government will understand this serious matter and take the necessary step to boost up the activities and once again the economic engine will be back on track.
Seamless ITR Filing Journey: Experience End-to-End Service with Tax2Win
Tax2win is here with its end-to-end tax-related service to ensure that you never have to experience the chaos and confusion of the tax season again.
RBI special liquidity scheme for NBFCS and HFCS
Smt. Nirmala Sitharaman, Union Minister for Finance & Corporate Affairs had announced and launched a Special Liquidity Scheme of Rs. 30,000 crore on 13th March, 2020 with a view to improving the liquidity position of NBFCs as well as HFCs.
Revamping The Income Tax Act: New Tax on Exempt Categories
The Finance Ministry is accelerating efforts to review and streamline the Income Tax Act of 1961.
Excess stock found during survey - Business income or undisclosed investments
Whoever makes an assertion, must substantiate it. But whoever requires substantiation must also accept it or prove otherwise! In case an assessee explains the source of the investment in excess stock in his statement that the same was undisclosed income of the assessee from its business
Incentives made available for MSME industry
To provide immediate relief to the MSME sector, various announcements (in addition to the various MSME schemes) have been made under the Atmanirbahar Bharat Package.
Go Global with the knowledge of IPSAS - Internationally accepted Accounting Language for Governmental Accounting
International Public Sector Accounting Standards are a set of accounting standards issued by the IPSAS Board for use by public sector entities around the world in the preparation of financial statements.
Suggestion on Investment Decisions after COVID 19
Suggestion on Investment Decisions after COVID 19.The first and foremost question in our mind whether we have any surplus funds to invest during the F.Y.2020-21...
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