Jewellery seizure and addition under Income Tax: Validity and Limits

Generally, addition of jewellery found during the course of search has been a litigated issue in India from a very long time. The jewellery found during search generally presumed to belongs to searched assessee and his family. The Assessee is required to explain the source of Acquisition of Jewellery. The Jewellery which has been disclosed […]

Payroll/HR Management

Business owners have a general sense of most HR terms, but still some questions keep coming again and again. In particular, the relationship between payroll and HR often creates confusion. We often hear questions like – What is the role of HR in payroll processing? Does HR include payroll? What is the connection between HR

Union Bank of India Current Account

A Current Account or Demand Deposit Account is a kind of bank account that is prominently chosen by companies, firms, public enterprises and entrepreneurs to keep up with large and multiple transactions that occur on a regular basis. This account, being a zero-account, can be opened in most national and commercial banks as it is associated with

Foreign Portfolio Investment (FPI)

Foreign Portfolio Investment (FPI) involves an investor buying foreign financial assets. It involves an array of financial assets like fixed deposits, stocks, and mutual funds. All the investments are passively held by the investors. Investors who invest in foreign portfolios are known as Foreign Portfolio Investors. Foreign Portfolios increase the volatility. As a result, it leads to increased risk.

Registration of portfolio manager

In the world of finance, a portfolio manager plays a crucial role in helping individuals and businesses effectively manage their investments. This article will provide a comprehensive guide to portfolio managers, including their roles, the services they offer, the types of portfolio management services, eligibility criteria for registration, and the process of becoming a portfolio

IEPFA-NCAER and IMI conduct workshop

IEPFA-NCAER and IMI conduct workshop to enhance financial literacy among women for a Viksit Bharat in Digital EraWorkshop focused on leveraging digitalisation for financial empowerment and minimising cyber risks through discussions with financial experts and policymakers The Investor Education and Protection Fund Authority (IEPFA), in collaboration with the National Council of Applied Economic Research (NCAER)

Indian Institute of Corporate Affairs Hosts Webinar on ‘Viksit Bharat

The Indian Institute of Corporate Affairs (IICA), an autonomous institution of the Ministry of Corporate Affairs (MCA), organised a webinar on ‘Viksit Bharat: Corporate Governance for 2047’ on March 7, 2024. The webinar witnessed interactive participation from around 300 participants comprising Independent Directors and corporate professionals, focusing on the future of corporate governance in India

Ministry of Corporate Affairs revises threshold limits for value of Assets

Ministry of Corporate Affairs revises threshold limits for value of Assets and Turnover for purposes of combination filings under Competition Act, 2002 as a step towards ‘Ease of doing Business’   The Ministry of Corporate Affairs has revised the existing threshold value of assets and turnover mentioned under Section 5 of the Competition Act, 2002

MCA invites public comments on Report of Committee

MCA invites public comments on Report of Committee on Digital Competition Law and Draft Bill on Digital Competition Law The Ministry of Corporate Affairs (MCA) had constituted Committee on Digital Competition Law (CDCL) on the recommendations of 53rd report of the Parliamentary Standing Committee on Finance on the subject titled ‘Anti- Competitive Practices by Big Tech

IEPFA invites comments from stakeholders

IEPFA invites comments from stakeholders to simplify, expedite and streamline claims settlement process The Investor Education and Protection Fund Authority (IEPFA) is reaching out to stakeholders for their valuable insights to simplify, expedite and streamline the claims settlement process. In line with its commitment to enhancing investor experience, IEPFA is soliciting comments from various stakeholders