326 results found

"Prior consent of central government is not required to enforce an arbitral award against a foreign state."

The money laundering law of India relies on access to information for effective enforcement and adjudication. Recently, the net of the law has been widened to include professionals such as chartered accountants...

Ind-AS 36 was introduced as the Indian Accounting Standards equivalent for IAS 36 (IFRS), covering Impairment of Assets.

Over the years, Related Party Transactions (RPT) have become a key focus area for the board of directors, not only from a tax perspective but also to improve corporate governance.

The Covid situation has struck an adverse blow on many businesses big and small.

Running an SME in South Africa often feels challenging. Organizations find themselves chasing deadlines most of the time. VAT dates arrive quickly, and paperwork piles up in different systems.

Recently India’s Prime Minister Dr. Manmohan Singh, during his visit to UN, invited business enterprises in UK and USA to invest in India.

Hundreds of businesses have found the last VAT filing cycle rushed and messy, and for genuine reasons. Over the past couple of years, FTA audits of UAE SME activity have significantly intensified, particularly between 2023 and 2024.

This June newsletter covers categories of relevant updates notified by the Ministry of Corporate Affairs ("MCA") and Reserve Bank of India ("RBI").

At the heart of Customs law lies the quest to appropriately determine the pricing of goods sought to be imported or exported out of a jurisdiction.

Today, businesses are facing stricter provisions regarding VAT reporting. Audits need to be faster, and remote teams demand better collaboration. Beyond all this, businesses feel the growing pressure to keep their financial records organized throughout the year. Therefore, desktop-based models that have worked for so long are feeling slow and limited.

In accordance with Regulation 23(2), (3), and (4) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, prior approval from the audit committee and shareholders ...

The government vide Notification No. 49/2018-Central Tax dated 13 September 2018 has notified the reconciliation statement to be certified by the auditor ...

Rajesh Exports Limited (“REL”), a Bengaluru-based company incorporated in 1989, built its reputation as a global gold giant and was seen as one of India’s largest gold companies by revenue. REL refined precious metals and exported jewellery worldwide, with its reported revenues placing it among India’s largest listed firms.

In its effort to align the information technology framework of NBFC with evolving best practices, the RBI has issued a Master Direction on June 8, 2017 on the ‘Information Technology Framework for the NBFC Sector'.

Related Parties (RP(s)) and Related Party Transactions (RPTs) form the cornerstone of most discussions involving corporate governance. Both the Ministry of Corporate Affairs (MCA)...

The 3rd edition of the Confederation of Indian Industry's (CII) IFRS Summit 2011 (Summit) was held on 18 May 2011 at the Taj Mahal Palace, Mumbai.