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…

Income Tax Union Budget 2024-25 Expectations LIVE: Will Budget 2024 tweak capital gains tax to reduce burden from the taxpayers?

Will Union Budget bring more good news for NPS subscribers?
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…

Budget 2024: Key Expectations From Transfer Pricing (TP) Perspective Amidst The Economic Vision of Govt
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…

Budget 2024: Key Expectations From Transfer Pricing (TP) Perspective Amidst The Economic Vision of Govt
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…

Going Concern Responsibilities of Management and Auditor’s Reporting
A fundamental decision management must make when preparing financial statements is whether to prepare them on a going concern basis. Under the going concern basis,…

Budget 2024: Higher standard deduction, tax bracket adjustment on cards for salaried class?
Considering the fact that for the last many years, the cap on deductions has remained unchanged and are very meagre amounts, the amount of deductions…

Deciphering Audit Trail: Frequently Asked Questions – Part III
In our previous two articles on audit trail, we discussed the amendments brought in by the Ministry of Corporate Affairs (MCA) to mandate the use…

Recent Ind AS & IFRS Updates: 2023-2024 Financial Reporting
Every year, minor amendments to the International Financial Reporting Standards (IFRS) are introduced by the International Accounting Standards Board (IASB) by way of annual improvements.…

Deciphering Audit Trail: Frequently Asked Questions – Part II
In our previous article, the first of two installments on Audit Trail, we discussed the amendments brought in by the Ministry of Corporate Affairs (MCA)…
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