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Articles by Affluence Advisory

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NBFCs and IT Governance: Ensuring Future Readiness

Posted by Affluence Advisory 01 May 2024 306 Views

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the current system, there were dozens of directives and alerts regulating the realm of space, which were considered outdated given the evolving environment



Capital Market Overview

Posted by Affluence Advisory 25 April 2024 260 Views

The last few months were a roller coaster for markets, in fact few months?



Possession of material unearthed during search is prerequisite to invoke provisions of Section 153C of Income Tax Act

Posted by Affluence Advisory 23 April 2024 367 Views

In the case of a non-searched person, whose books of account or documents were found during the search (referred to as "other person"), an assessment is made under Section 153C of the Act.



Gold Price is shining - Know the reasons

Posted by Affluence Advisory 22 April 2024 583 Views

Gold operates under the fundamental price dynamics of supply and demand, similar to other capital markets. However, the couple of underlying factors influencing these dynamics are often more distinctive and can be both rational and irrational.



Guide to Buyback of Shares in India under Companies Act & Tax Considerations

Posted by Affluence Advisory 19 April 2024 1531 Views

With the flourishing economic conditions in India and the government’s proactive measures to ensure that there is ease of doing business, various foreign institutional investors, foreign multinationals companies have been making investments in the country.



SEBI Issues Guidelines for Draft Offer Documents and Returning Draft Documents and Its Resubmission

Posted by Affluence Advisory 17 April 2024 276 Views

The Securities and Exchange Board of India (SEBI) plays a crucial role in regulating the securities market and safeguarding investor interests. Among its many responsibilities, SEBI oversees the issuance of offer documents by companies looking to raise funds through public offers.



For Tax Filing - Analyze the Old & New Tax Regime

Posted by Affluence Advisory 12 April 2024 2563 Views

Lately, a lot of confusion has sparked on various internet platforms regarding the tax changes for the financial year (FY) 2024-25. However, the Ministry of Finance has put that to rest by putting out a clarification vide its Twitter handle that there are no changes on the tax rates as on 01.04.2024.



Issuance of notice in Form GST ASMT-10

Posted by Affluence Advisory 10 April 2024 3497 Views

Goods and Services Tax (GST) is a self-assessment-based tax scheme wherein a taxpayer is required to determine its tax liability and avail the eligible credit on a periodical basis.



GST: Action Points of Closing of FY 2023-24

Posted by Affluence Advisory 04 April 2024 3307 Views

Checklist to be followed in March 2024 for the GST Compliances of FY 2023-24



Highlights of Revised Secretarial Standards on General Meetings (SS-2)

Posted by Affluence Advisory 02 April 2024 792 Views

The ICSI in January, 2024 has issued a revised SS-2 (effective from April 01st, 2024) to maintain consistency with the amended (vide Companies (Amendment) Act, 2017) provisions of the Act.




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