RBI’s big move to inject liquidity in the market
Reserve Bank of India’s big move to inject liquidity in the market and big relief to the common man and small businesses In order to mitigate the financial stress due to the disruptive force of COVID-19, the Reserve Bank of India had come up today, i.e. on 27th March, 2020, with a Statement on Developmental
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ITR FORMS FOR FY 2018-19: WHAT’S IN STORE FOR TAXPAYERS
The income-tax department of India has released new tax return forms for the financial year 2018-19 a few days back. There are four types of Income Tax Return forms- ITR 1, ITR 2, ITR 3, ITR 4, and every person is required to fill the form that comes under their sort, on the basis of
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FEMA & FDI
India currently is one of the leading investment destinations and allows a liberal regime in majority of sectors. Foreign Direct Investment provides an important source of funds for companies. Our empanelled experts at SARC assist businesses in regulating the flow of funds and investments within the overall framework of the Foreign Exchange Management Act and
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BUSINESS & FINANCIAL ADVISORY
With the increasing complexity of the world and domestic markets; changing regulatory environment; rapid technological progress; overnight cash burning; and umpteen investment opportunities, it is essential for businesses to come up with new business strategies to plug the financial leakages in order to become more economically sustainable and make a considerable impact on the business
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LITIGATIONS & LEGAL ADVISORY
Individuals and corporations largely rely on legal advice to operate efficiently in a global business environment. At SARC, we provide customized legal solutions to businesses for all matters pertaining to Corporate and Taxation laws. Our panel of legal experts comprises reputed Supreme Court and High Court counsels to enable clients broaden their business and maximize
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World Bank Data: India becomes World’s Sixth Largest Economy
The world’s largest democracy, India is on the road to gaining economic muscle power. A federal republic with 29 states and 7 union territories, India is a fast growing diverse economy. According to the updated figures released by the World Bank for the year 2017, India is the sixth largest economy of the world. This
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Venturing into an Era of Opportunities: Indo-European Business Forum announces Event 2018
India and European Union are two of the world’s biggest economies, sharing universal values and beliefs. The European Union is India’s largest trading partner. With the objective of making India a world class manufacturing powerhouse, many campaigns (like Make in India, Digital India ) have been undertaken by the Government of India. These campaigns have
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File Early; Beat the Rush – Avail the Benefits of Presumptive Taxation Scheme
The Presumptive Taxation Scheme was framed by the Income Tax Authority of India, under section 44AD, 44ADA, and 44AE of the Income Tax Act, 1961 to provide relief to the small tax payers from maintaining books of accounts, and getting their accounts audited. The assessees adopting this scheme are required to file their Income Tax
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Flipkart’s Acquisition by Walmart: The future of Indian Startup
Walmart Inc. has acquired one of India’s largest E-commerce businesses: Flipkart was taken over by the U.S retail giant Walmart Inc. recently valued at a whopping 16 million dollars, 77% of the stakes in what is being termed as the world’s biggest E-commerce acquisition. Practically the biggest acquisition in the E-commerce domain till date, this
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Assurance
Assurance services enable stakeholders to better understand the financial position of a business by ensuring accountability and transparency. Businesses constantly need to comply with the relevant accounting standards issued by the Institute of Chartered Accountants of India (ICAI); US GAAP; and other applicable International Accounting and Financial Standards, which is the most important initiative in
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