MSMEs may soon get exemption from mandatory statutory audit; NFRA seeks suggestions on proposed move – The Financial Express

Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-nfra-seeks-suggestions-on-whether-msmes-should-be-exempted-from-mandatory-statutory-audit-to-ease-compliance-burden/2341360/ Ease of Doing Business for MSMEs: NFRA said that the regulations relating to financial reporting and auditing ‘should not impose undue burden and

NCLT gives go ahead for insolvency case against BPSL promoters – The Economic Times

Clipped from: https://economictimes.indiatimes.com/industry/indl-goods/svs/steel/nclt-gives-go-ahead-of-insolvency-case-against-bpsl-promoters/articleshow/86782808.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis In a hearing on Tuesday the Delhi NCLT granted interim moratorium and confirmed Reshma Mittal as resolution professional (RP) in a petition filed

Banks will need to think like new digital startups to meet fintech challenge: KV Kamath – The Economic Times

Clipped from: https://economictimes.indiatimes.com/markets/expert-view/banks-will-need-to-think-like-new-digital-startups-to-meet-fintech-challenge-kv-kamath/articleshow/86777577.cmsSECTIONSBanks will need to think like new digital startups to meet fintech challenge: KV KamathLast Updated: Oct 05, 2021, 02:01 PM ISTSynopsis “Incumbent players,

Tipping point: New GST rules to complicate tax on tips, surge fees or extra delivery charges for Swiggy and Zomato–ECONOMIC TIMES

Clipped from: https://economictimes.indiatimes.com/news/economy/policy/tipping-point-new-gst-rules-to-complicate-tax-on-tips-surge-fees-or-extra-delivery-charges-for-swiggy-and-zomato/articleshow/86772002.cmsSynopsis Both the companies in the past one week have also reached out to their tax advisors to seek clarity around this. This would