Mridusmita

Recently, the capital markets regulator SEBI (Securities and Exchange Board of India) directed stock exchanges to take action against 331 suspected shell firms listed on the exchange and to restrict their trading activities. These 331 companies are being investigated for tax evasion and corporate fraud. The list was based on the inputs provided by the …

All you wanted to know about the Government’s war against Shell companies Read More »

The Goods and Services Tax (GST) is all set to be rolled out from 1st July 2017. The 101st Constitutional Amendment Act, enabling the introduction of GST, was passed in the parliament last year. If you are not well-versed with the concept of GST, I suggest you read this article explaining the basics of GST: GST Explained …

The Final Structure of GST Read More »

On 26th May 2017, the SENSEX breached the 31,000 level for the first time. This post explains what Sensex means and how it is calculated in detail. What is SENSEX? The Sensex is primarily an index reflecting the movement of the share prices in the Bombay Stock Exchange (BSE). If the Sensex value goes up, …

What is SENSEX and how it is calculated?- Explained Read More »

The Lok Sabha passed the Finance Bill 2017 on 29th March this year. The Finance Bill is passed every year after the presentation of the Union Budget to turn the budget into law. But, apart from the usual tax proposals, this year the Finance Bill contains several amendments.  This article discusses the controversies surrounding the …

The Finance Bill 2017- Controversies Read More »