MASD endeavors to bring the latest information to you. Our topic includes business compliance, Internal audits, Global events (that impact the Indian economy), GST, etc. Furthermore, we cover GST news, Finance industry news, RBI norms, and the Companies Act 2013.
Today GST, though not the biggest source but has been recognized one of the major source of revenue for Indian Government. To make it a flawless law, Government keeps bringing several updates and changes whether it is related to the portal or laws. Recently some changes were implemented which are majorly brought into effect that […]
Over the years since, 1991, foreign investment in India is on the rise and is a highly regulated field. Foreign businesses see India as a highly lucrative and ever-emerging market for growing their business operations across the globe. As Indian operations grow, foreign shareholders grapple with the best ways to finance these operations and repatriate […]
Introduction: – Financial Institutions have a lot to be concerned about, from market changes to reputation damage. However, those concerns pale in comparison to the cyber security issues. Nowadays, there is nothing to be surprised about the data breach occurring in financial institutions. Because of its frequent occurrence, such news have lost most of its […]
As per Section 9(5) of the CGST Act, Electronic Commerce Operator (ECO) is required to pay tax on the supply of services such as Accommodation services, Housekeeping Services, and Passenger Transport services if such services are supplied through ECO. However, it has been notified under section 9(5) of the CGST Act, 2017, the ECO shall […]
India is becoming a hub to set up Global Captive Centres (GCCs) for multinationals. The export from these centres will nearly double by FY 2025. These centres are also generating enormous employment and contributing remarkably to the overall growth of the Indian Economy. Often these centres raise an invoice to their parent companies on a […]
Introduction: – Tax Exempt Bonds are debt securities issued by the state or local government agencies to raise money for infrastructure needs, daily operations and other projects. The interest income received on these bonds are exempt from tax to the recipient. Interest rates on such bonds are considerably low as compared to other general bonds. […]
Let us talk about the leasing, now a days people purchase properties as a prominent source of Income and future investment, these was considered by government in Framing of Income Tax provision, thus generating crores of Revenue for government in the form of Taxes. Earlier Under Central Tax Rate, Services by way of renting of […]
Due diligence is a process of analyzing a company’s potential, assessing the company’s financial viability at a comprehensive level, and examining the material facts related to the Company concerning a potential transaction. It is an investigation, audit, or review performed to validate facts or details of a matter under consideration. Due diligence is an exhausting […]
What Is Costing? Costing is the classifying, recording, and appropriate allocation of fixed and variable expenditure incurred for the determination of the costs of products or services, and a decision-making and forecasting tool. Batch Costing: Batch costing is a form of specific order costing. Job costing refers to the cost of jobs that are executed […]
Introduction: – Any Income received by an individual during the financial year is Taxable under their respective head of income. Sometimes, there arises an income which is resulting due to arrears in the previous year. This might create an additional tax burden on the Taxpayer, to avoid such an additional burden Section 89(1) of the […]
Let us talk about something a little more cheerful like freebies; who does not like them. Do you know who gets the most freebie? Influencers. Free Products Drive the Influencer’s Economy By promoting of clothes to bags to skin care products, vacations, first-class flight tickets fitness equipment influencers get everything for free, and if that […]
The Indian Start-up ecosystem has come a long way, with many start-ups going public and nearly 42 companies becoming unicorns in 2021. According to Inc42’s Indian Tech Start-up Funding Report 2021, Indian start-ups raised $42 Billion in funding across 1,583 deals in 2021, and 2,487 unique investors participated in start-up funding. Most of these investments take the route […]