Financial reporting is the language in which a business communicates with its stakeholders and Generally Accepted Accounting Principles (GAAP) is the grammar of this language.

The scheme for applicability of Accounting Standards issued by the Institute of Chartered Accountants of India (ICAI) to non-company entities shall come into effect for accounting periods commencing on or after 1 April 2020.

The Ministry of Corporate Affairs notified amendments to Schedule III of the Companies Act, 2013.

Reporting in the current year of the pandemic will require business leaders to evaluate their corporate model and its future sustenance.

New Delhi unveiled India's much-anticipated annual budget this month, with a heavy focus on repairing a pandemic-battered economy and made a surprise move: it made it easier for non-resident Indians to do business in the country.

Budget 2020 abolished Dividend Distribution Tax (DDT) and dividend taxation was shifted on shareholders. Resident Shareholders were liable to pay tax on dividend as per the tax rates applicable to them.

The Hindu Undivided Family (‘HUF’) structure, which is based on collective ownership and protection of the family members, has traditionally been adopted by Indian families for the purpose of succession planning and passing on wealth through generations.

The formation and function of the Investment Committee (IC) by the investment manager has always been a very closed affair, depending on the preferences of the investment manager.

A detailed overview of MSMEs and Start-ups, including registrations, benefits, relevant government initiatives and relaxations.

The General Circular no. 21/2014 dated 18 June 2014 by the Ministry of Corporate Affairs (MCA).

In a move to reduce the pending litigation, the budget 2019 had proposed “Sabka Vishwas” Scheme under indirect taxes. The said scheme turned out to be a big success.

A World Trade Organization (WTO) panel in its report has ruled that the export promotion schemes viz. Merchandise Export from India Scheme (MEIS),

The GST council in its earlier meetings and the 38th meeting held on 18 December 2019 had approved several changes of GST provisions.