GST Accounting and Compliance

Goods and Services tax (GST) has been identified as one of most important tax reforms post-independence. It is a tax trigger, which will lead to business transformation for all major industries. There will be a great impact on the Accounting and Reporting processes pre as well as post GST. There will be a compelling need Read more about GST Accounting and Compliance[…]

Foreign and Indian Entities can merge with prior approval from RBI

MCA on April 14, 2017 has notified Section 234 of Companies Act, 2013 and issued rules thereunder, thus paving way for merger and amalgamation of a foreign entity with an Indian entity and vice-versa. What is the new Rule 25A about? Mandatory Prior Approval from RBI for a foreign company incorporated outside India, to merge Read more about Foreign and Indian Entities can merge with prior approval from RBI[…]