Latest Post and Updates

Healthcare Reforms in India

Healthcare Reforms in India

The Healthcare sector of India reached a market value of about USD 372 billion in the year 2022. The factors that were included in this hike were mainly revolving around the areas such as better health awareness, rising income, increasing access to insurance, and lifestyle diseases. It’s just last year…
Continue Reading
Procedure of GST Litigation in India

Procedure of GST Litigation in India

The structure of GST (Goods and Service Tax) is created to make the process of tax collection efficient, reduce corruption, and make the movement of goods inter-state easy and etc. GST Law provides the concept of self-assessment, so that payment of taxes and easy compliance can be facilitated. It also…
Continue Reading
FDI in Broadcasting Media & Civil Aviation

Do you know about the Conditions for FDI in Broadcasting, Print Media & Civil Aviation?

Foreign Direct Investment is the main engine of economic growth and a source of non-debt financing for the country's economic development. The FDI policy is continuously revised to attract larger volumes of foreign investment to the country. The government has introduced an investor-friendly FDI policy whereby FDI up to 100%…
Continue Reading
Tax on Unlisted Shares in India

Taxation of Unlisted Share and Biggest Catch in Disclosure in ITR

Currently, there is a surge in equity transactions, investments, and so on. Indian investors have moved beyond conventional gold, silver, and real estate investments to shares, and mutual funds, and a few have been known to invest in public companies that are soon to be listed (Shares brought in the…
Continue Reading
Analysis of Clause 44 of Tax Audit Report

All about Clause 44 of FORM 3CD of Tax Audit Report

An auditor should utilize Form 3CD when examining the financial records of taxpayers who are the subject of tax audits. According to the Income Tax Act, 1961 regulations, a Chartered Accountant must provide an audit report in the required format. The objective of this article is to provide a brief…
Continue Reading
Related Party Transactions

Related Party Transactions – ‘CA 2013’ vis-à-vis ‘SEBI LODR’

The Companies Act, 2013 was enacted to encourage businesses to adopt the "Jet Set Go" philosophy, with compliance and openness being crucial. Among the various difficulties addressed by this legislation, there has been a revolution in Related Party Transactions, a word that has made all businesses uncomfortable for many years due…
Continue Reading
Appointment of Foreign Directors in Indian Company

Appointment of International Citizen as Director of Indian Company

The Ministry of Corporate Affairs (MCA) has notified an amendment for a situation when a person who belongs to a neighboring land border sharing country seeks an appointment in an Indian company as a Director or demands obtaining a Director Identification Number (DIN). The Companies Act, 2013 was passed with…
Continue Reading
Why is Rupee Falling Against US Dollar

Why is Rupee falling against US Dollar?

The Indian rupee has come under intense selling pressure in recent weeks amid a perfect storm of global headwinds that analysts say will continue to batter the currency in the coming months. It has already tested record lows twice in July, falling more than 80 to the greenback, only to…
Continue Reading
How to Reply Notices of Mismatch of GSTR 3B & 2A

How to reply notices of mismatch of GSTR 3B & 2A?

Even after four years of GST implementation and over a thousand notifications and circulars, we continue to encounter several issues with GST on-site maintenance and department operations. Businesses and professionals encounter several challenges as a result of issues and constant change. It is terrible that even after four years; we…
Continue Reading
Secretarial Standard-1 on Board Meetings

Secretarial Standard-1 on Board Meetings

It is crucial to adhere to secretarial standards in the meeting's processes and in topics related to them since company law provisions are growing stricter and ROCs are being more vigilant. Secretarial Standard 1 serves as a reference for conducting the Board Meeting in accordance with the Company Act, 2013…
Continue Reading

Ask an Expert