Weekly Funding Report (02 Aug – 07 Aug 2021)

Posted on August 16, 2021

38 Indian Start-ups raised funding in the first week of August, 33 received a total sum of about $1392 million and 5 didn’t disclose the financial details. Following are some key Transactions Edtech company Unacademy raised highest funding $440 million... Read More →

Posted in Transaction Advisory |

Weekly Funding Report (26th July-31st July, 2021)

Posted on August 4, 2021

43 Indian Start-ups raised funding in the last week of July, 39 received a total sum of about $814 million and 4 didn’t disclose the financial details. Following are some key Transactions Business to business conversational messaging platform Gupshup raised... Read More →

Posted in Transaction Advisory |

RBI Guidelines for Appointment of Statutory Central Auditors/ Statutory Auditors of Commercial Bank, UCBs and NBFCs

Posted on July 5, 2021

The RBI Circular issued on 27th April 2021 prescribed a set of selection criteria for appointment of Statutory Central Auditors/Statutory Auditors of Commercial banks (excluding regional rural banks), urban co-operative banks(UCBs) and non-banking financial companies(NBFC) including housing finance companies based on... Read More →

Posted in Audit & Assurance |

Key Highlights of Covid Relief Packages Announced by The FM On 28th June 2021 in View of 2nd wave of Covid-19 Pandemic

Posted on June 29, 2021

The Union Finance Minister addressing the nation on 28th June 2021, announced a slew of measures to provide relief to diverse sectors affected by the 2nd wave of COVID-19 pandemic. The measures announced also aim to prepare the health systems... Read More →

Posted in Direct Tax |

CBDT extends certain timelines & announces Exemptions for Covid-19 expenditure & ex gratia

Posted on June 28, 2021

CBDT on account of genuine hardship being faced by taxpayers in making various compliances under the Income Tax Act (‘the Act’) in view of severe Covid-19, eases the compliance burden of taxpayers by providing relaxations in respect of the following... Read More →

Posted in Direct Tax |