Key Highlights of Atmanirbhar Bharat Package 3.0

The Union Finance Minister addressing the nation on 12th November 2020, announced the Atmanirbhar Bharat Package 3.0. The size of the stimulus provided by the Govt, as part of the 12 announcements made under the said package amounts to INR... Read More →

Posted in Direct Tax |

Future of Internal Audit

Changing times are bringing change in the manners internal audit can contribute to the organizations. The digital world is moving with fast pace, it will change the way Internal audit service is provided to the clients and it has given... Read More →

Posted in Risk Advisory |

Introduction of the Foreign Contribution (Regulation) Amendment Act, 2020

The Central Government has laid down certain essential amendments in the Foreign Contribution (Regulation) Act, 2010 with the introduction of the Foreign Contribution (Regulation) Amendment Act, 2020, which has come into force with effect from September 28, 2020. Here, Foreign... Read More →

Posted in Regulatory |

Legal Entity Identifier (LEI) – Concept, Introduction, Benefits & Regulations

The Legal Entity Identifier (LEI) is a global reference number that uniquely identifies every legal entity or structure that is party to a financial transaction, in any jurisdiction. It is a 20-digit unique code to identify parties to transaction worldwide.... Read More →

Posted in Regulatory |

Gist of Hon’ble Gujarat High Court Judgment in the case of Cosmo Films Limited v. Union of India (SCA 15833/2018)

Section 16 of IGST Act provides for ‘Zero Rated Supply’ and sub-clause (b) of subsection (3) of Section 16 provides that, a registered person making zero rated supply shall be eligible to claim a refund if he has supplied the... Read More →

Posted in GST |