Practical Issues on UDIN generation for Statutory Audit of Companies and important UDIN FAQs

Generation of Unique Document Identification Number (UDIN) is made mandatory for all other audit, assurance and attestation functions by ICAI w.e.f. 1st July, 2019. Therefore this is first year where the statutory auditor of companies (including private limited company) has to ensure generation of UDIN and to mention after every signature […]

Decoding Budget 2019 (No. 2) for NRIs: 11 important changes and their effect on NRI Investments and Taxation

On July 5, the First full-time Female Finance Minister of India, Ms. Nirmala Sitharaman, presented the budget in the Parliament. While it may be a mixed bag for many, the one category it affect the most, and that too positively, is Non- Residents (NRIs/ PIOs). We have analyzed all the budget […]

RBI Monetary Policy Review and What it means for investors

RBI in its bi-monthly Monetary Policy Review meeting decided to change the policy stance from calibrated tightening to neutral and to reduce the repo rate from 6.5% to 6.25%. This was mainly due to 1. Slowdown in global economy, 2. Low inflation (just 2.2% in December with next year outlook of about 3.5% for the calendar year 2019), […]

Decoding Budget 2019: The Hidden Opportunity for Smart Investors to Create Tremendous Wealth

The interim budget 2019 included few indicators properly placed in the budget speech, if identified and analyzed properly, could become a great opportunity for smart investors to create tremendous wealth in long term. This blog tries to explain and analyze the same. 1.Vision 2030 and Economic Growth For the long term […]