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Typical reasons observed for the divergence in asset classification during Supervisory Cycle 2024-25’ for Commercial Banks (CBs)

Typical reasons observed for the divergence in asset classification during Supervisory Cycle 2024-25 for UCBs

Typical reasons observed for the divergence in asset classification during Supervisory Cycle 2024-25 for NBFCs

Adherence to RBI’s circular dated 27th April 2021 regarding “Guidelines for Appointment of Statutory Central Auditors (SCAs)/Statutory Auditors (SAs) of Commercial Banks (excluding RRBs), UCBs and NBFCs (including HFCs)”

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DIRECT TAXES

Mar
16
Taxpayer sells one house and buys 7 flats with capital gains. Tax dept denies benefit — here’s what ITAT rules

Mar
16
Income Tax Department asks taxpayers to ignore erroneous advance tax payment nudge campaign emails highlighting 'significant transactions'