What is GIFT City and How is it Beneficial Gujarat International Finance Tec-City, better known as GIFT City, is a buzzing business district located in Gandhinagar, Gujarat. The vision behind it? To build a world-class finance and IT zone that not only caters to India but serves clients across the globe. It’s quickly becoming a global hub for financial and […]
Auditors perform an important role in the financial ecosystem, ensuring the accuracy and integrity of financial statements and reports. Their work helps to enhance stakeholder confidence, promote transparency, and ensure compliance with applicable laws and regulations. In an increasingly complex financial landscape, the duties and responsibilities of auditors have expanded to meet the needs of diverse organizations. Making their role […]
7th Oct Due date for deposit of Tax deducted/collected for the month of September, 2024. 7th Oct Due date for deposit of TDS for the period July 2024 to September 2024 when Assessing Officer has permitted quarterly deposit of TDS under section 192, 194A, 194D or 194H 7th Oct [Extended] Due date for filing of audit report under section 44AB for the assessment year 2024-25 in the […]
In this edition we have tried to bring you notice the latest amendment that followed in the month of May, 2024 issued by MCA, RBI and SEBI. MCA Updates MCA tightens scrutiny of beneficial ownership norms for foreign-owned companies The Ministry of Corporate Affairs has tightened its scrutiny of beneficial ownership standards for companies owned and controlled by foreign investors, […]
Shareholders are more than mere investors; they are the vital force of a company, providing the capital that fuels its ambitions and innovations. They invest their money and trust the company’s vision. In return for this trust, companies bear a profound qualitative debt to their shareholders by distributing a portion of their profits to shareholders with a direct return on […]
In this edition we have tried to bring you notice the latest amendment that followed in the month of April, 2024 issued by RBI, CCI and others. SEBI Updates SEBI Board Meeting (April 30, 2024) The SEBI Board met on April 30, 2024 where it, inter-alia, approved the following: Amendments to SEBI (Infrastructure Investment Trusts) Regulations, 2014 and SEBI (Real […]
Lauded for its attractive array of business-friendly attributes, such as its simple tax regime, world-class infrastructure, and robust legal protection, Hong Kong has long been the go-to destination for companies of all shapes and sizes. The city’s allure hardly comes as a surprise. It serves as a bustling entrepôt, global financial hub, and an international maritime centre, among other roles. […]
In this edition we have tried to bring you notice the latest amendment that followed in the month of February, 2024 issued by MCA, RBI, SEBI, IBBI and others. MCA(Ministry of Corporate affairs) The Ministry of Corporate Affairs (MCA) has notified the Companies (Registration Offices and Fees) Amendment Rules, 2024 The Registrar of the Central Processing Center is empowered to […]
DEFINITION As per note 4 Schedule II to the Companies Act, 2013 -“Useful life specified in Part C of the Schedule is for whole of the asset. Where cost of a part of the asset is significant to total cost of the asset and useful life of that part is different from the useful life of the remaining asset, useful […]
Chartered Accountancy is one of the most prestigious and sought-after professions in India. It offers a lucrative career path with ample opportunities for growth and recognition. However, becoming a successful chartered accountant requires hard work, dedication, and guidance from the best mentors in the industry. That’s why choosing the right CA firm for your articleship training or employment is crucial […]