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From our perspective of providing counsel to boards, audit committees, and stakeholders of both publicly traded and privately held companies, a recurring advisory theme pertains to the comparative effectiveness of internal audits ...

It seems that adding notes to accounts and qualifying the financial statements are no more a sufficient safety net in the minds of the statutory auditors.

The Authority for Advanced Ruling (AAR) has recently held that there should be no liability to pay service tax on the salary and allowances payable by expatriates in terms of the dual employment agreement.

Every Company shall disclose the details of Specified Bank Notes (SBN) held and transacted during the period from 8th November, 2016 to 30th December, 2016 under Notes to Accounts as per the format referred in notification.

The Reserve Bank of India's ("RBI") Master Direction on Outsourcing of Information Technology Services released on April 10, 2023 ("Master Direction") sets out the regulatory framework for outsourcing...

The High Court has now allowed the writ petition and quashed the directions for subjecting DISCOMs to CAG audits.

You are one of the people responsible for ensuring that your company is compliant with regulatory requirements. You have the best compliance management solution in place.

In corporate reporting, consistency between statutory requirements and accounting standards is essential for ensuring transparency and accurate classification.

An IP audit is an essential criterion that should be fulfilled in all M&A as it helps in gaining insight on the information pertaining to creation, maintenance, validity, strength, use and challenges...

One of the greatest roadblocks on the path of sustainable and collective economic growth is the abuse of economic power and the collection of wealth through illicit means.

In this blog, we will provide you a straightforward path for your businesses to move away from manual record-keeping and embrace SaaS-based compliance management software to help you lower your compliance risks and save...

Digging deep into documents is not just another task in a regulatory assessment – it is often the key to spotting hidden compliance gaps and avoiding risks that could slip through the cracks.

The Goods and Services tax (GST) system requires taxpayers to self-assess their tax liability and pay their tax without any intervention by the tax authorities.

It is inevitable that ‘dynamic environment demands constant changes'.

On July 25, 2025, the Indian Computer Emergency Response Team ("CERT-In") issued the Comprehensive Cyber Security Audit Policy Guidelines, ("Guidelines"). CERT-In is the national agency established...

Auditors have regularly come under the scanner of market regulators due to the scams unearthed at large corporates.

This article attempts to provide a background of the relevant legal provisions and analyse the issue.