Corporate Social Responsibility is no longer about corporate generosity. It is a statutory obligation that every eligible company must take seriously. From the 2% spending requirement and Schedule VII activities to unspent CSR rules and Board disclosures, understanding the law is essential to avoid penalties and create meaningful impact. Read our latest article to ensure your organisation remains compliant while contributing to India's sustainable development.

The introduction of the Invoice Management System (IMS) marks another significant step in the Government’s journey towards invoice-level compliance and technology driven administration under GST. By enabling recipients to accept, reject or keep invoices pending before Input Tax Credit is reflected in their returns, IMS aims to improve reconciliation and […]

The agreement is in force from 15 July 2026. The tariff headlines write themselves. The strategic story is elsewhere. At one minute past midnight today, the commercial relationship between the world’s fifth and sixth largest economies changed shape. The India-United Kingdom Comprehensive Economic and Trade Agreement, together with its companion […]

Choosing the correct Income-tax Return (ITR) form is one of the most important aspects of tax compliance. Filing an incorrect return can lead to processing delays, defective return notices, or even the requirement to file a revised return. For Assessment Year (AY) 2026-27, the Income-tax Department has introduced a significant […]

More than a year has passed since the mandatory Input Service Distributor (ISD) framework became effective from 1 April 2025. Yet, a significant number of businesses continue to follow practices that were permissible under the earlier regime, exposing themselves to avoidable GST risks. Many organisations are still adopting one of […]

Artificial Intelligence is no longer a future trend for Chartered Accountants. It is now part of the profession. The real question is no longer whether AI will replace CAs, but what value professionals will create when routine work becomes automated. Discover the five questions every CA should be asking in 2026, and why governance, judgement, and ethics are becoming the profession's greatest competitive advantages. #ArtificialIntelligence #CharteredAccountant #ICAI #AIGovernance #Audit #Accounting #Finance #DigitalTransformation #ProfessionalServices #FutureOfWork #ExactitudeInternational #EXI

The Most Favoured Nation (MFN) clause, how it works, why it stopped working, and how to assess any MFN claim in five questions In 2021, a French company receiving dividends from its Indian subsidiary withheld tax at 5 percent instead of the 10 percent its treaty prescribed. It was not […]

A closely held company advances salary to a director who also holds shares and draws a monthly package. Clean transaction, or a deemed dividend waiting to surface in assessment? A short Q&A on where the line actually sits. 1   Can a company give a salary advance to a director who […]