My Articles

COVID Compliance for Companies
 MCA ADVISORY ON WORK FROM HOME POLICY AND AFFIRMATION OF THE SAME TO MCA   Work from Home Policy   To Contain the Virus by stayin...

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TDS on remuneration to Non resident Partners
TDS on remuneration to Non-resident Partners   Greetings to our clients.   Is tax required to be deducted from remuneration, interest an...

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IPCC_Group 2_Test_4
STRATEGIN MANAGEMENT   TOPIC: Business Environment & Business Policy and Strategic Management   TIME: 1.5 hrs Marks:...

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Glimpses of GST 26th Council Meeting
CA. H VIJAY SARATHI, B.com., ACA Partner, S Hariharan & Associates Chartered Accountants   Glimpses of GST Council meeting   Greet...

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IPCC_Group 2_Test_3
Auditing and Assurance   TOPIC: Company Audit - 1 TIME: 1.5 hrs Marks: 50   Answer all the questions. &...

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IPCC_Group 2_Test_2
ADVANCED ACCOUNTING   TOPIC: AS-4, AS-5 and Insurance Companies TIME: 1.5 hrs Marks: 50   Accounting Standar...

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IPCC_Group 2_Test_1
INFORMATION TECHNOLOGY   TOPIC: TELECOMMUNICATION AND NETWORKS TIME: 1.5 hrs Marks: 50   Question No.1 &nb...

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Budget#2018 In shorts
Direct Taxes No personal income tax changes proposed in budget.   Corporate tax of 25% extended to companies with turnover up to R...

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GST on Advances
Greetings to our clients.   Government removes requirement of payment of GST on advances received for supply of goods.   November 20, 20...

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GST on Discounts
  Greetings to our clients.   Discounts like trade discount, quantity discount etc. are part of the normal trade and commerce. This artic...

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Taxability of Different Transactions for Jewellers
Greetings to our clients.   There has been a lot of confusion and multiple interpretations going around the jewellery business in case of GST. ...

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News & Events

Notifications/Circulars

01/04/2025
Master Circular - Housing Finance for UCBs
Master Direction - Reserve Bank of India (Interest Rate on Deposits) Directions, 2025
Master Circular – Housing Finance
Master Circular - Bank Finance to Non-Banking Financial Companies (NBFCs)
Master Circular - Income Recognition, Asset Classification, Provisioning and Other Related Matters - UCBs
Master Circular - Prudential norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances
Master Circular - Guarantees and Co-acceptances
Master Circular - Guarantees, Co-acceptances & Letters of Credit - UCBs
Master Direction – Facility for Exchange of Notes and Coins
Reserve Bank of India (Classification, Valuation and Operation of the Investment Portfolio of Commercial Banks) Directions, 2023
Master Circular - Prudential Norms on Capital Adequacy - Primary (Urban) Co-operative Banks (UCBs)
Master Direction on Counterfeit Notes, 2025 – Detection, Reporting and Monitoring
Master Circular – Basel III Capital Regulations
Master Circular on Board of Directors - UCBs
Master Circular on Conduct of Government Business by Agency Banks - Payment of Agency Commission
Master Circular - Disbursement of Government Pension by Agency Banks
Master Direction – Scheme of Penalties for bank branches and currency chests for deficiency in rendering customer service to the members of public
Master Direction on Penal Provisions in reporting of transactions / balances at Currency Chests
Master Circular – Lead Bank Scheme
Master Circular - Credit facilities to Scheduled Castes (SCs) & Scheduled Tribes (STs)
Master Circular – Deendayal Antyodaya Yojana - National Rural Livelihoods Mission (DAY-NRLM)
Master Circular on SHG-Bank Linkage Programme
29/03/2025
Revised norms for Government Guaranteed Security Receipts (SRs)
Special Clearing Operations on March 31, 2025
27/03/2025
General Notification for Sale and Issue of Government of India Securities (including Treasury Bills and Cash Management Bills)
Gold Monetization Scheme (GMS), 2015 - Amendment
Master Direction – Reserve Bank of India (Prudential Norms on Capital Adequacy for Regional Rural Banks) Directions, 2025
Master Directions - Reserve Bank of India (Priority Sector Lending – Targets and Classification) Directions, 2025
Priority Sector Lending Certificates
Review of Priority Sector Lending (PSL) Target – Urban Co-operative Banks (UCBs)
Currency Chest operations on March 31, 2025
21/03/2025
Treatment of Right-of-Use (ROU) Asset for Regulatory Capital Purposes
Amortisation of additional pension liability - Implementation of Pension Scheme in Regional Rural Banks with effect from November 1, 1993 - Prudential Regulatory Treatment
Reserve Bank of India (Financial Statements - Presentation and Disclosures) Directions, 2021: Clarifications
17/03/2025
Asian Clearing Union (ACU) Mechanism – Indo-Maldives trade
Annual Closing of Government Accounts – Transactions of Central / State Governments – Special Measures for the Current Financial Year (2024-25)
Implementation of Section 51A of UAPA, 1967: Updates to UNSC’s 1267/1989 ISIL (Da'esh) & Al-Qaida Sanctions List: Amendments in 12 Entries