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15 Mar 22

War Economics – Why is India audience to Russia-Ukraine war?

While Russia is evading Ukraine, India has remained silent on the entire crisis. Even at the United Nations General Assembly, when 141 countries voted for a resolution to condemn Russia over its invasion of Ukraine, and 4 countries voted against the same, 35 abstained from voting which included India as…

12 Mar 22

War Economics – Impact of Russia’s evasion on global trade

The United States has historically used economic sanctions as a weapon in the international war, owing to the dominance of US dollars. However, the overuse of sanctions is also threatening to destabilize the global economy. The continuous use of sanctions is pushing more countries to end their reliance on the…

09 Mar 22

War Economics – Economic warfare between Russia and the west

The main principle of war is to hurt or harm the enemy as much as possible. And what hurts more in the twenty-first century than money? While the United States and NATO members have denied any direct involvement in the Ukraine war, they are fighting the war on the economic…

06 Mar 22

War Economics – What is NATO, Why Ukraine seeks its membership?

North Atlantic Treaty Organisation (NATO) North Atlantic Treaty Organization (NATO) is a military alliance that was formed in 1949 by 12 countries. It derived the name ‘North Atlantic’ as the countries involved were located in the Northern hemisphere of the Atlantic Ocean – the United States and Canada on the…

03 Mar 22

War Economics – Why did Russia attack Ukraine?

Prologue Right and wrong – surprisingly, the simplest and yet most widely misunderstood concept, even in the twenty-first century where the world thrives on data and instant information. What’s right and what’s wrong, is a matter of opinion. It is subjective as based on an individual’s perception. Something might be…

28 Feb 22

Glimpse into the future from the technology under development

Metaverse Background The coronavirus pandemic has forced corporates around the world to rethink their future course of action. While the superhumans at the head of corporates cannot ensure their existence beyond human capabilities, they are ensuring that their corporates have a safe and steady future even after their existence comes…

21 Feb 22

Budget 2022 – Comprehensive analysis of budget announcements

“There’s no surprise, that’s the surprise.” Preface Cut your coat according to your cloth, because if you don’t, you will lose them both! Budgeting is an essential part of our lives. We are budgeting all the time, knowingly, unknowingly, as it helps us in keeping our expenses in tandem with…

21 Feb 22

Budget 2022 – New Faceless Assessment Scheme

More time to release new faceless assessment schemes The scheme for faceless assessment for determination of arm’s length price under section 92CA, dispute resolution panel under section 144C and appeal to the appellate tribunal under section 253, were required to be issued by March 31, 2023; and for the procedure…

21 Feb 22

Budget 2022 – Concept of ‘Updated Returns’ explained

After filing the return, a taxpayer has an option to file a revised return or if not filed altogether, an option of filing of belated return. The period to file such returns is 5 months in the case of the individual assessee, 2 months for audited businesses, and 1 month…

21 Feb 22

Budget 2022 – Changes in the Income Tax Rules

New option to file ‘Updated Return’ after paying 25 – 50% additional taxes Under new section 140B, for filing an updated return, a taxpayer has to mandatorily disclose additional income that has to mandatorily result in additional taxes. You cannot file a loss return, or decrease your income, the income…

War Economics – Why is India audience to Russia-Ukraine war?

War Economics – Impact of Russia’s evasion on global trade

War Economics – Economic warfare between Russia and the west

War Economics – What is NATO, Why Ukraine seeks its membership?

War Economics – Why did Russia attack Ukraine?

Glimpse into the future from the technology under development

Budget 2022 – Comprehensive analysis of budget announcements

Budget 2022 – New Faceless Assessment Scheme

Budget 2022 – Concept of ‘Updated Returns’ explained

Budget 2022 – Changes in the Income Tax Rules

Five Top Accounting Challenges for SMEs and How Greenvissage Solves Them

Premium & Perception – How IPO SellS Dreams at a Markup

Offshore Setup in India – Strategic Advantages for Global Businesses

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