MBS or Mortgage-Backed Securities became infamous for their role in the 2008 Global Financial Crisis. What seemed like a high-paying investment soon turned out to be a bag of shit that piled on until it choked the entire economy!
An OPC has lesser compliance requirements compared to a Pvt. Ltd. company or an LLP. Here we have prepared a calendar for all the Important Statutory Due dates for OPC Annual Filing for FY 2020-21.
Ratio Analysis reduces guesswork on the financial soundness and performance of a company and provides a sound basis of the status of a company on a particular date.
It is important to keep a track of the Important Statutory due dates for LLP Annual Filing falling in the year so that an LLP can be well prepared for all the compliances to be met in a year. Discussing the same for FY 2020-21.
The author in this article lists down the amendments introduced in Tax Audit Form 3CD for the AY 2021-22 and the introduction of sub-rule (3) in Rule 6G.
This time in GST new things are in the Tax Invoice. W.e.f 1st April 2021, all GST taxpayers will have to furnish HSN or SAC in their Tax Invoices. Further if turnover in PYs is more than 50 Cr then E-invoicing is mandatory.
In this article, we will discuss some unconventional career options in the field of Finance for all individuals. These careers in Finance are gaining popularity these days and should be considered as full-time careers.
Singapore issues TP Guidelines for activities undertaken by Singapore based HQs or regional Hubs for APAC region. The said guidelines provide for the determination of remuneration for such hubs/ HQs on arm's length basis.
The main purpose of the introduction of Section 50D is to check and prohibit freebies distributed by large business corporations to unrelated or strangers to avoid payment of tax.
The author, in this article, has penned down his journey from being one of the most misfit students in school to becoming a Chartered Accountant.