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Planning To Get A Personal Loan? Here’s All You Need To Know

Life is full of surprising twists and turns. While some are pleasant and bring you prosperity, some others will put you under financial duress. Read...

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...

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...

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...

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...

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...

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...

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...

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,...

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...


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