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Interest Equalization Scheme on Pre and Post Shipment Rupee Export Credit – Extension

July 1, 2021 All Scheduled Commercial Banks (excluding RRBs), Small Finance Banks, Primary (Urban) Cooperative Banks and EXIM Bank Dear Sir / Madam, Please refer to the instructions issued vide…

Guidelines for Managing Risk in Outsourcing of Financial Services by Cooperative Banks

June 28, 2021 The Chief Executive Officer All Co-operative Banks Madam / Dear Sir, It is observed that the co-operative banks are increasingly using outsourcing as a means for reducing…

Why you should care about inventory accounting

R.Mohan Earning profits is a key objective of every business enterprise and properly accounting for costs can alter profitability. And one key cost is that of inventory. In a continuous…

Extension of Due of filing of Belated/Revised Income Tax Returns for AY 2019-20

CBDT Update – Notification No. 56/2020 – Further Extension of Due of filing of Belated/Revised Income Tax Returns for AY 2019-20 (FY 2018-19) till 30th September 2020.