Frequently asked questions on QRMP scheme
Quarterly Return, Monthly Payment of Taxes (QRMP) Scheme is a scheme to simplify compliance for small taxpayers. Under this scheme, taxpayers having an aggregate turnover
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Credit Scores: A Basic Understanding Of The Main Determinants Of Taking Out A Loan
The use of credit cards for purchasing products is widespread in this era. Credit cards can be used to purchase almost anything. If you’re going to obtain a credit card and then if you want secure loans,
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What Are Credit Cards? What Are The Different Types Of Credit Cards?
Credit cards were first introduced in the year 1950 by the Diners’ Club and credit cards have been used by Americans since 1959 which was introduced by American Express.
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Request for Extension of Companies Fresh Start Scheme by KSCAA
The Karnataka State Chartered Accountants Association (in short ‘KSCAA’) is an association of Chartered Accountants, registered under the Karnataka Societies Registration Act, in the year
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Automation of Income Recognition, Asset Classification and Provisioning processes in banks
We invite a reference to our circular DBS.CO.PPD.No.1950/11.01.005/2011-12 dated August 04, 2011, in terms of which banks were advised, inter alia, to have appropriate IT
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Everything you need to know about GSTR-2B
GSTR-2B is an auto-drafted ITC statement generated for the buyer on the basis of the information furnished by his suppliers. It also contains information on import of goods from
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Devise a mechanism for receiving a part payment of taxes till industry recovers: ICAI
One of the ways could be treating payment in cash ledger as payment towards taxes. Other way could be developing a new mechanism for accepting part payment towards return for a particular
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Extension of AGM without Filing of Form GNL-1 for year ended 31st March,2020
Whereas sub-section (1) of section 96 of the Companies Act, 2013 (the Act) provides inter alia that every company, other than a One Person Company, shall in each year hold in addition to any
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Long-awaited FAQs regarding Practical Training released by ICAI
The period of absence arising out of lockdown due to COVID -19 pandemic w.e.f 24th March 2020 till 03rd May 2020 shall be counted as being on Practical Training for the aforesaid period for
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Revised Priority Sector Lending (PSL) guidelines issued by RBI
Reserve Bank of India has comprehensively reviewed the Priority Sector Lending (PSL) Guidelines to align it with emerging national priorities and bring a sharper focus on inclusive
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