Latest News Posts
June 5, 2025 | News
RBI’s Final Deadline for Regularizing Overseas Investment Reporting Delays
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Difference between Internal Audit And Statutory Audit
In the accounting realm, there are two primary types of audits: internal audits and statutory audits. Both audits are essential for reviewing an organization’s financial records, but they differ significantly in their objectives, scope, and target audience. While we all…
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Mandatory Probate Rule Scrapped: India’s Succession Law Reform
India has recently undertaken a significant reform in its succession framework by removing the requirement of compulsory probate rule for certain categories of wills. Previously, in metropolitan jurisdictions such as Mumbai, Kolkata, and Chennai, beneficiaries could not legally act upon…
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RBI’s Draft Guidelines on AIF Exposure by Regulated Entities – Key Highlights and Implications
The Reserve Bank of India (RBI) has released draft directions to regulate investments made by Regulated Entities (REs)—such as banks, NBFCs, and other financial institutions—into Alternative Investment Funds (AIFs). A key proposal is the introduction of exposure caps aimed at…
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