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Risks For Manufacturing entities in 2023

January 31, 2023

Introduction The contemporary market requires a fresh strategy to compete. Building on its momentum from the epidemic and outperforming predictions from the previous two years, manufacturing has seen strong strength in 2022. Although the total demand and production capacity have reached recent highs, there are signs that the picture may not be as favourable in […]

<strong>ELSS vs ULIP</strong>

January 24, 2023

The trending topic for discussion especially towards end of the financial year is investors looking for investment opportunities and tax saving scheme. This is when ELSS & ULIP schemes step in.   What are ELSS Funds? ELSS funds (Equity Linked Savings Scheme) are the only type of mutual funds eligible for tax deductions under section […]

<strong>SOX Compliances</strong>

January 6, 2023

Background Sarbanes Oxley Act (or SOX Act) is a U.S. law which was passed on July 30, 2002. Witnessing a number of high-profile accounting scandals in the U.S., including Eron, Tyco, WorldCom, and the bursting of the dot-com bubble in the late 1990s, which resulted in huge losses to the investor & badly impacted the […]


December 29, 2022

Introduction: – Shrinkflation is downsizing the size of the product while maintaining the price. To define it economically, shrinkflation is the practice of retaining the price of the products, while the quantity or the size is reduced. It is a form of hidden inflation. Instead of increasing the price which becomes evident to the consumers, […]

<strong>Recent Major Changes by GST Council</strong>

December 22, 2022

The GST Council along with the Union Finance Minister Via virtual mode during their 48th meeting recommended various changes in the gst tax rates and ways to facilitates trade and streamlining the procedures in Gst Compliances. NOTE: These changes will come into effect from the date of such notification or the date mentioned in such […]

<strong>Decoding the Business Responsibility and Sustainability Report</strong>

December 1, 2022

Introduction In our earlier article on Why Environment, Social and Corporate Governance is crucial to business we laid out the foundation on ESG`s applicability, considerations and benefits.  Moving ahead, we direct our efforts to the Reporting aspects of Business Responsibility and Sustainability Report (BRSR) What purpose does BRSR serve? It helps the stakeholders to analyse […]

Digital Economy

November 25, 2022

Introduction: – Digital Economy is an umbrella term which describes an economy that uses digitized information and knowledge as key factors of production. It is bringing changes in the conventional notions about how businesses are structured, how firms interact, and how consumers obtain services, information and goods. The digital economy can be defined as the […]

<strong>Importance of Internal Controls Review for any Organisation</strong>

November 18, 2022

The business environment today is becoming more competitive, increasingly complex and hugely exposed to risk. As the risk landscape expands, adopting new ways to deliver more value to differentiate your business becomes important. Internal Controls Review is a key pillar of good governance. It provides all the stakeholders with an independent view on whether the […]

ENVIRONMENTAL, SOCIAL, and GOVERNANCE are Crucial to Your Business. Learn Why! Part 1

November 5, 2022

Introduction: – Environmental, social, and governance (ESG), or sustainable development, is a broad field of consideration. It involves both social and economic considerations in addition to environmental issues. ESG is practiced by businesses and organizations who are looking to improve their financial health by ensuring they are taken care of on multiple fronts. Environmental, social, […]

 National Pension Scheme

October 21, 2022

Introduction: – The National Pension Scheme is a pension system administered and regulated by the Pension Fund Regulatory and Development Authority (PFRDA). This pension programme is available to all the employees from public, private and even the unorganized sector on a voluntary basis. For anyone who works in a private sector has an immense value […]