There is a saying in India that “taking a loan of Rs 500,000 is more difficult than taking one of Rs 500 crore”. We have many sick companies but no sick promoters! this does not, however, mean the business...
A few days ago, the Cabinet approved the National Financial Reporting Authority (NFRA). As reported in the media, it will have an oversight over the audit of listed and big private companies and the Institute of Chartered Accountants of...
Before writing this, I was a little worried why someone should read this. Then suddenly while reading a book, I got an example which is very interesting. It also highlights the government’s intention.
Sunil Singh (name changed) has undisclosed an...
As of now, the Income Tax department has published a list of 64 defaulter entities on their website. One can see and access this list on this web page of the department. It's good that the government has started the practice...
The due date for filing personal tax returns for the financial year 2015-16 is 31 July (except for tax audit and transfer pricing cases). Taxpayers need to beware of various points while filing their returns. Filing incorrect details may...
Uttar Pradesh Police have run into two cases of milkmen delivering liquor home in milk cans whereas a number was shared on social media platforms to advertise the illicit trade
Maulana Masood Azhar, the founder of the terrorist group Harkat ul Mujahideen which underwent several name changes to finally become Jaish-e-Mohammed, is not only a member of the Tablighi Jamaat but also a once close associate of Osama bin Laden
