Articles by CA Aman Rajput

GST Drive Exposes 29,273 Bogus Firms in Massive Tax Evasion Scandal

CA Aman Rajput 09 January 2024 at 08:40

In a significant move to combat frauds in the Goods and Services Tax system and enhance compliance, the GST formations under the Central Board of Indirect Taxes and Customs (CBIC) and State/UT Governments have executed a relentless drive against non-existent taxpayers since May 2023.

Decoding the Amended KYC Master Direction on PEPs issues by RBI

CA Aman Rajput 06 January 2024 at 08:32

On January 4th, 2024, the Reserve Bank of India (RBI) sent a ripple through the financial landscape with its amendment to the Master Direction on Know Your Customer (KYC) guidelines

Supreme Court Rejects Plea to Transfer Adani-Hindenburg Probe from SEBI, Upholds Regulatory Autonomy

CA Aman Rajput 05 January 2024 at 12:29

On January 3, 2024, the Indian Supreme Court, in a resounding verdict, wrote a crucial chapter in the ongoing saga surrounding the allegations against the Adani Group by Hindenburg Research

The Renewed Recognition to IFSC limited exchanges by IFSCA: Analysis

CA Aman Rajput 04 January 2024 at 08:38

This seemingly routine event holds significant implications for India's financial landscape, warranting a closer look at its background, potential impact, and future trajectory.

GST Portal Functionalities for GTA Taxpayers: Detailed Analysis

CA Aman Rajput 04 January 2024 at 08:31

By this article, I want to share a detailed analysis on the functionalities made available on the Goods and Services Tax Network (GSTN) portal for Goods Transport Agency (GTA) taxpayers.

NFRA Flags Lapses in Walker Chandiok Audit Practices, Raising Concerns for Grant Thornton Network

CA Aman Rajput 01 January 2024 at 08:21

A recent inspection report by the National Financial Reporting Authority (NFRA) of India has thrown the spotlight on audit firm Walker Chandiok & Co LLP (WCCL), a member firm of the global Grant Thornton network.

SEBI Revamps Social Stock Exchange: Increased Scrutiny, New Instruments Boost Transparency and Impact

CA Aman Rajput 29 December 2023 at 08:52

The Securities and Exchange Board of India (SEBI) has announced significant changes to the framework of the Social Stock Exchange (SSE) in a move aimed at strengthening oversight, enhancing transparency, and attracting impactful social enterprises.

IPO for Dummies - Shareholders point of view

CA Aman Rajput 25 December 2023 at 08:25

An IPO, or Initial Public Offering, is a fancy way of saying a company is selling shares of itself to the public for the first time. This is a big deal because it raises money for the company and makes it "public," meaning its ownership is no longer private.

Income Tax Raids Net 351 Crore Cash and Expose Alleged Tax Evasion in Liquor Business

CA Aman Rajput 23 December 2023 at 09:11

A recent press release from the Income Tax Department reveals a major crackdown on a business group operating in Odisha, Jharkhand, and West Bengal.

Understanding the Consumer Protection (Direct Selling) Rules, 2021

CA Aman Rajput 22 December 2023 at 07:24

Recently, the Government of India introduced the Consumer Protection (Direct Selling) Rules, 2021 to regulate activities related to direct selling. These rules aim to protect consumers and ensure fairness in the direct selling business.