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June 5, 2025 | News
RBI’s Final Deadline for Regularizing Overseas Investment Reporting Delays
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The Role of Bookkeeping Services for Small Businesses
What are Bookkeeping Services for Small Businesses? Definition and Overview Bookkeeping services for small businesses are professional services that manage the financial records of a company. These services include a wide range of tasks designed to keep track of the…
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Impact of PMLA Amendments on Virtual Digital Asset Transactions
Notification Coverage The Ministry of Finance has notified an amendment in Prevention of Money-Laundering Act, 2002 (“Act”) by way of Notification No. S.O. 1072(E) dated 07.03.2023 (“Notification”). The Act has been amended to include cryptocurrency or virtual digital assets (“VDA”)…
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Bonus Issue of Shares under Section 63: Conditions, Reserves
A bonus issue converts a company's accumulated reserves into paid-up share capital and hands the additional shares to existing shareholders in proportion to their holding, without asking them to pay a rupee. Section 63 of the Companies Act, 2013 is…
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