GST INVOICE MANAGEMENT SYSTEM CHANGES FROM 1ST OCTOBER WILL AFFECT 12 MILLION+ BUSINESSES
  

GST INVOICE MANAGEMENT SYSTEM CHANGES FROM 1ST OCTOBER WILL AFFECT 12 MILLION+ BUSINESSES

  • 30 Sep 2424
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GSTN has launched a new facility known as the Invoice Management System (IMS), which will soon be available through the Goods and Services Tax Portal


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Dubai VARA Announces Stricter Regulations for Crypto Marketing
  

Dubai VARA Announces Stricter Regulations for Crypto Marketing

  • 28 Sep 2424
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Dubai's regulator is looking to warn investors about the risk of financial losses while dealing with crypto assets. Dubai became one of the first jurisdictions in the world to clarify regulatory requirements for Web3 firms in 2022, and regulators are now making changes to its rules related to marketing of digital assets.
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NFRA vs ICAI| Who will audit the auditors and how
  

NFRA vs ICAI| Who will audit the auditors and how

  • 25 Sep 2424
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ICAI cannot afford to demure NFRA initiative citing a weak alibi — loss of audit work for small auditors if the big auditors of parent companies oust them from auditing the subsidiary accounts. Indeed, if it wants to, it has time to respond to the consultation paper floated by the NFRA till October 30, 2024, suggests Chartered Accountant S Murlidharan. ...

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SMALLER CA FIRMS OPPOSE NEW NFRA RULES
  

SMALLER CA FIRMS OPPOSE NEW NFRA RULES

  • 23 Sep 2424
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NFRA's proposed changes to large firms' audit requirements are receiving fierce opposition from small and medium-sized audit firms, which make up the majority of India's CA firms. ...

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GSTN releases Draft Manual on New GST Invoice Management System
  

GSTN releases Draft Manual on New GST Invoice Management System

  • 20 Sep 2424
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The IMS is aimed at providing an easier method for businesses to match their inward supplies, i.e., invoices issued by suppliers, with their own records ...

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Rs 1 cr penalty on HDFC Bank: How to protect yourself from recovery agents
  

Rs 1 cr penalty on HDFC Bank: How to protect yourself from recovery agents

  • 20 Sep 2424
  • 0

The Reserve Bank of India (RBI) has imposed a Rs 1 crore penalty on HDFC Bank for violating guidelines related to the engagement of recovery agents. ...

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