Monthly Archives: May 2020

Final Notification on the Manner of Calculating Remuneration to Eligible Fund Manager u/s 9A

Posted on May 28, 2020

CBDT issues final notification on the manner of calculating remuneration to eligible fund manager u/s 9A of the Act. For details, please refer the attached document: Final Notification on the Manner of Calculating Remuneration to Eligible Fund Manager under section … Continue reading →

Posted in Direct Tax |

SEBI Advisory on Disclosures of COVID-19 Impact

Posted on May 26, 2020

Securities and Exchange Board of India has issued Advisory on disclosure of the material impact of COVID – 19 pandemic on listed entities under SEBI (Listing obligations and Disclosure Requirements) Regulations, 2015 vide circular SEBI/HO/CFD/CMD1/CIR/P/2020/84 dated May 20, 2020. This … Continue reading →

Posted in Audit & Assurance |

Impairment of Assets and Financial Assets

Posted on May 26, 2020

COVID-19 may impact a company’s projected cash flows due to a decrease in demand for its product, supply chain disruptions, or other events. In such situations, a company needs to consider whether the disruption in its business indicates that a … Continue reading →

Posted in Audit & Assurance |

MSMEs & its recent reforms announced by Finance Minister dated 13.05.2020

Posted on May 26, 2020

A brief Note on Micro, Small and Medium Enterprises Development (MSMED) Act, 2006 and recent reforms announced by Finance Minister dated 13th May 2020. For details, please refer the attached link: MSME & its reforms Disclaimer:- The information contained herein is … Continue reading →

Posted in Regulatory |

Key Highlights of Measures taken by RBI on 22nd May, 2020

Posted on May 22, 2020

Key Highlights of measures taken by RBI on 22nd May, 2020. For details, please refer the attached document: Key Highlights of Measures taken by RBI on 22 May 2020 Disclaimer:- The information contained herein is in summary form based on Press … Continue reading →

Posted in Direct Tax, Finance Budget |