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Updates


Domestic tax updates : july 2018

NOTIFICATIONS  Removal of the word ‘an Accountant’ from Rule 11UA Notification No. 23/2018 dated 24th May 2018 Rule 11UA determines the fair market value (FMV) in respect of movable …

RBI / FEMA Updates : July 2018

Reserve Bank of India (RBI)/Foreign Exchange Management Act, 1999 (FEMA) NOTIFICATIONS Foreign Exchange Management (Transfer or Issue of Security by a Person Resident Outside India) (Amendment)Regulations, 2018, as updated on ...

International Tax Update: July 2018

International Taxation / Transfer Pricing Transfer Pricing Foreign Companies with Place of Effective Management (POEM) in India – to be considered as resident Indian Company and suffer tax as applicable ...

IFRS/ Ind AS Updates : July 2018

International Accounting Standard Board (IASB) Updates An overview of Exposure Draft Accounting Policy Changes (Proposed amendments to IAS 8) The International Financial Reporting Standards (IFRS) Foundation has published a document ...

Director KYC :Hitting reset on regulations

The MCA has embarked upon a process of re-validation of documents submitted by directors by conducting a re-KYC exercise. The supposed aim of this exercise is to associate director DINs …