Ind AS 24- Related Party Disclosures 1. Introduction Ind AS 24 describes the various disclosures to be made by the parent entity regarding its associate, subsidiaries or joint venture which are termed as related parties. Let us first understand the terms associate, subsidiaries or joint venture before getting into details of this Ind AS.
Tax Benefits by taking of Loans under the Income Tax Act, 1961 Generally, we consider loans to be a necessary financial burden, particularly when we’re looking to buy something big. There are loans for almost whatever you need, and they work because they can help you get closer to your dreams, whether it’s buying a […]
How to invest in mutual funds after you retire mutual funds after you retire are looking to invest in mutual funds these days. According to mutual fund companies and intermediaries, it is a testimony to the popularity of mutual funds. However, retirees should be a little careful and do their homework before getting into mutual […]
Supplied for exports – Goods taxed at concessional rate Taxing at rate of 0.05% for Intra state supply of taxable goods by a registered supplier to a registered Supplied for exports subject to the following conditions:
RERA and GST in Real Estate Sector Before analysing the relation between both the legislations i.e. RERA and GST, the reader should know about what is RERA and the impact of GST on Real Estate Sector is. For the convenience of reader ,the article is divided into three segments: