White Paper

It’s impact is going to be severe where the establishments (employers) are not deducting the PF contribution on allowances like conveyance allowance, medical allowance, education allowance, special allowance etc. which are usually given to all employees. However, it may not... Read More →

This updated whitepaper talks about the current status of Service Export from India Scheme (SEIS). Based on the queries received in past, a section of FAQ’s has been added. This scheme is applicable from 1st April’2015 to 31st March’2020. A... Read More →

Service Exports from India Scheme(SIES) has been introduced through the latest Foreign Trade Policy(FTP) 2015-2020 as a tool to encourage export of notified services from India. It replaces the Served from India Scheme(SFIS) that was introduced in the Foreign Trade... Read More →

International Financial Reporting Standards (IFRS) are principles-based Standards, Interpretations and the Framework adopted by the International Accounting Standards Board (IASB). India being a member country is bound to adopt these standards. Download Now

So far, companies were to satisfy their Statutory Auditors about the adequacy of Internal Controls related to purchase of inventory and fixed assets and sale of goods and services for Auditor’s  eporting under CARO.! Download Now

It’s been more than 5 years when first discussion paper was released on Good and Service Tax (GST).! The present Government is quite serious in passing the GST Bill in the ongoing winter session of the Parliament to make it... Read More →

It’s been approx. 3 months since Ministry of Labour notified the changes in PF regulations which increased the PF wage ceiling from Rs. 6,500 to Rs. 15,000, by more than 125%.! Around same time (just 3 weeks before), an internal circular... Read More →

In Finance Bill, 2016, a new Cess in the name of Krishi Kalyan Cess (“KKC”) was proposed for the purpose of financing and promoting initiatives to improve agriculture and farmers welfare. KKC shall be levied and collected in accordance with the... Read More →

Income Computation & Disclosure Standards [ICDS] is a new framework for computation of taxable income by all assesses in relation to their income under the heads “Profit and gains of business or profession” and “Income from Other Sources”. Download Now... Read More →