BLOG
SOP for Scrutiny of GST returns for FY 2017-18 and 2018-19
#gst #tax #ca #compliance #gstscrutiny #gstadvisory #gstreturns #gstupdates #advisoryfirm #krestonsgco #krestonindia #kreston
Amendments to Schedule III of Companies Act 2013 (“Act”) effective from 1st April 2021
Amendments to Schedule III of Companies Act 2013 (“Act”) effective from 1st April 2021 DIV I - Indian GAAP Financial Statements DIV II - Ind…
SEBI Releases New Guidelines for Trading of the Noble Metal on the Stock Exchange
EGR refers to Electronic Gold Receipts issued in exchange for physical gold to facilitate the trading of the noble metal. The introduction of EGR allows…
Nonfungible Tokens – What’s and Why’s Explained
NFT stands for Non-Fungible Token. A non-fungible token (NFT) is a non-interchangeable unit of data stored on a Blockchain. So, what do you mean by non-fungible? NFTs are…
Amendments to Companies Act, 2013
MCA and Government have made many amendments under the Companies Act, 2013, which came into effect from 01st April 2021 and impacted the financial year…
Amendments to SEBI (LODR) Regulations,2015
Securities Exchange Board of India (SEBI), vide its notification dated 3rd August 2021, amended various provisions of the SEBI (LODR) Regulations, 2015. Amendments are applicable…
COMPUTATION MECHANISM DEFINED FOR CAPITAL GAINS ON SPECIFIED UNIT-LINKED INSURANCE POLICY RECEIPT
The Department of Finance, vide its Gazette dated 18th January 2022, has made effective the Income-tax (2nd Amendment) Rules, 2022, introduced therein, adding rule 8AD,…
Expectations/Anticipations from The 2022 GST Modifications
The government has come up with many changes regarding the creation of a compliance-driven procedure via the interaction of GST returns, e-invoicing system, and e-way…
Amendments to SEBI Master Circular on Schemes of Arrangement by Listed Entities – a step towards better compliance
In the endeavour to further reinforce transparency and better compliance with the law, SEBI has issued the Master Circular on November 23, 2021; here it…
Information Technology Security Threats, Risks & Mitigation Measures
IT Security refers to the methods, tools, and personnel used to defend an organization's digital assets. IT security aims to protect these assets, devices, and…
Ease of compliance – a clarification on no requirement for seeking No Objection Certificate or No Dues Certificate from the Income Tax Department
One more time-consuming process under liquidation, now resolved – ease of compliance A clarification on no requirement for seeking No Objection Certificate or No Dues…
Indian Accounting Standard (Ind AS) 101 First-time Adoption of Indian Accounting Standards
ICAI issues Accounting Standards to guarantee the precision and security of financial statements. For an entity to adopt Indian Accounting standards for the first time, the…
Internal Audit Methodology & Process – How’s and Why’s explained
Internal Audit is a foundation of sound corporate governance in organisations and can play an essential role to enhance the following functions: Understanding the Business Management and Accountability Determining…
Simplified Tax info for Taxpayers
Tax Planning: What Every Investor Needs to Know Our experts have collated comprehensive information for you with the detailed, marked Tax announcement measures levied on…
Internal Audit Future and Management Expectations
The Internal Audit (IA) function is crucial for organizations to ensure accurate reporting, manage the risks and controls within an organization's operations, safeguard its Corporate…
Reduced Regulatory Compliance Burden to improve ‘Ease of Doing Business’ Initiative!
Reduced Regulatory Compliance Burden to improve ‘Ease of Doing Business’ Initiative! A welcome move from the Government of India! The exemption from filing return of…
Wellness Services under GST-Specific Analysis
Wellness centres, too, may be liable to GST. Wondering how? Our experts have collated a detailed analysis for you to have a clear understanding of…