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RBI allows remittances for all permissible purposes to IFSCs under the LRS

  Affluence Advisory    20 July 2024 at 06:36

The Reserve Bank of India (RBI) has vide its Circular dated July 10, 2024 allowed remittances for all permissible purposes under the Liberalized Remittance Sche..



Inside Byju's Financial Meltdown

  CA Pallav Singhania    18 July 2024 at 08:39

This article aims to break down the situation in simple terms and explain what it means for everyone involved.



Signing of Board's report and financial statement - Companies Act and SEBI (LODR)

  Affluence Advisory    17 July 2024 at 08:42

Section 134(1) of Companies Act, 2013 (‘the Act’) provide for signing of board’s report. It read as follows:“(1) The financial statement



Election Aftermath: Market Volatility and Future Economic Growth

  Affluence Advisory    13 June 2024 at 08:43

It's been a week since the election results were announced, it was indeed a shocker, not only to the general public but also to the incumbent themselves and the markets too, which witnessed wild swings, ranging 5000 points in Nifty and 9000 points in Bank nifty during the week.



India's Economic Accelerators Exploring the Fastest-Growing Industries

  Affluence Advisory    07 June 2024 at 08:47

This article embarks on a journey to uncover the fastest-growing industries in India, ranging from technological advancements in Information Technology to life-saving innovations in healthcare and the burgeoning FMCG market.



Upholding Professional Integrity: The Imperative Role of Chartered Accountants

  CA.Rajeev Joshi (CA,CISA,DISA)    06 June 2024 at 11:49

Chartered Accountants (CAs) are entrusted with a paramount duty to maintain the pinnacle of integrity and diligence within their professional engagements. The specter of misconduct allegations, however, presents a formidable challenge, necessitating a robust defense mechanism grounded in meticulous documentation and unwavering adherence to established professional norms.



Unlocking Opportunities: The Importance of DISA for Practicing Chartered Accountants

  CA Pallav Singhania    27 May 2024 at 08:44

Understanding the importance of staying ahead in this digital transformation journey, let's delve into the significance of the Diploma in Information System Audit (DISA) and why it's essential for practicing chartered accountants.



New Tariff Walls

  Affluence Advisory    17 May 2024 at 08:34

Since 2018, an economic rift has persisted between China and the United States (US), spurred by a revision in the foreign economic stance under President Donald Trump's administration.



Growth in A Professional Firm

  Madhukar N Hiregange    10 May 2024 at 10:06

The world is changing dramatically, and if one is not aware of what the future is and what major changes are taking place in the future, one may not be able to sustain the practice.



NBFCs and IT Governance: Ensuring Future Readiness

  Affluence Advisory    01 May 2024 at 08:41

Under the current system, there were dozens of directives and alerts regulating the realm of space, which were considered outdated given the evolving environment




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