A sound financial reporting system is a key contributor to economic development. The financial reporting system should be backed by strong standards (that are aligned…

Companies expanding through acquisitions will generally have a lot of subsidiaries. These companies are required to prepare their standalone financial statements as well as consolidated…

General purpose financial statements of a Company that are so often used by various stakeholders such as the shareholders, prospective investors, regulators, employees, lenders amongst…

The Federal Tax Authority’s (FTA) recent guide on determining taxable income provides valuable insights for businesses operating in the UAE.

Nishit Parikh highlights the crucial updates from revamping the capital gains tax regime as mentioned in the Union Budget 2024. He acknowledges the government’s sincere…

Investors are expecting some good relief in the Budget 2024 as far as taxation of capital gains is concerned. They are of the view that…

Investors are expecting some good relief in the Budget 2024 as far as taxation of capital gains is concerned. They are of the view that…

The NPS is a government-backed retirement savings scheme. The scheme allows individuals to contribute towards their retirement throughout their working life. NPS was launched in…

The Annual Budget 2024 will be presented in the Monsoon Session of Parliament. The Annual Budget 2024 is expected to build upon the principles of…