Securities Exchange Board of India issued a clarification regarding applicability of Indian Accounting Standards to disclosure in offer documents under SEBI (ICDR) Regulations, 2009. The circular provides the manner of disclosure of financi

Tax Evasion - Tax evasion is an illegal practice where a person, organization or corporation intentionally avoids paying his/her/its true tax liability. Those caught evading taxes are generally subject to criminal charges and substantial penalties

RBI – FEMA: The Reserve Bank of India has made amendments in the Foreign Exchange Management (Transfer or issue of Security by a Person Resident outside India) Regulations, 2000 which may be called the Foreign Exchange Management (Transfer or

MCA Ministry of Corporate Affairs has notified the Companies (Filing of Documents and Forms in Extensible Business Reporting Language) Amendment Rules, 2016. Ministry has amended the proviso to the said rules to exempt housing finance companies from