CAclubindia Articles

NBFC: New Regulatory Framework

FCA surbhi jain 21 August 2023 at 08:50

The evolution of NBFC sector over the years in terms of size , complexity and inter connectivity has led to increase in risk factor as well. To align with the regulatory framework of NBFC's with changing risk dimensions, SBR framework has been introduced by RBI, guidelines of which were effective from 1st October 2022.

Assessments of EPC contractors cannot be done merely by assuming and comparing accounts with Form 26AS

Vivek Jalan 19 August 2023 at 08:41

Assessments of EPC contractors cannot be done merely by assuming and comparing accounts with Form 26AS same is applicable even for professionals

Maximizing Benefits and Managing Risks: Navigating the World of Dual Credit Cards on a Single Account

Nikita Agarwal 19 August 2023 at 08:41

Two credit cards on one account refers to have multiple credit cards linked to the same credit card account.

How to Unlock Academic Achievement with Masterful Online Learning Strategies?

Ayush 18 August 2023 at 17:02

Are you willing to learn the best online learning strategy? Looking for effective online teaching methods? If yes, this is the right article for you.

Connecting the Dots: Making the Most of AIS Changes in Tax Reporting

Rashmi 18 August 2023 at 14:38

The Annual Information Statement (AIS) is a document that displays the record of taxes deposited by an individual throughout a financial year.

Significant Beneficial Owners

Affluence Advisory 18 August 2023 at 08:57

It is well known to us that black money creates imbalances in the economy, finances terror and crimes like money laundering etc., and that it puts the honest at a disadvantage also deprives the State of the much-needed revenues which adversely affects the poor people of the country.

Exploring Six Primary Types of Income Tax Notices for Salaried Individuals

Rashmi 17 August 2023 at 14:10

If you make a mistake on your filed Income Tax Return (ITR), the tax department can send you a notice. Basically, there are six main types of income tax notices that salaried individuals might receive

1,000+ Income Tax Notices issued on Moonlighting Income for financial years 2019-2020 and 2020-2021!!

Abhishek Raja 17 August 2023 at 10:21

The Income Tax Department has recently taken action to address the issue of individuals failing to disclose their additional income from moonlighting activities in their Income Tax Returns (ITRs).

Unlocking Tax Compliance: Demystifying Updated Income Tax Returns

Rashmi 17 August 2023 at 09:12

Certainly! In an effort to encourage people to comply with tax regulations, the government introduced the concept of an "updated income tax return" as part of the 2022 Budget.

Decoding Financial Ratios: A Comprehensive Guide to Evaluating Company Performance

Nikita Agarwal 17 August 2023 at 09:12

Financial ratios are quantitative tools that offer insights into a company's financial performance, health, and stability. These ratios are calculated using various financial figures extracted from a company's financial statements, such as the balance sheet, income statement, and cash flow statement.