ARJAVA MEDIA: The National Financial Reporting Authority (NFRA) imposed a penalty of Rs 2 crore on Deloitte Haskins and punished two Chartered Accounts with fines and long-term debarring. ZEEL is a typical case of how promoters with majority shareholding rule the roost while taking the Board of Directors for a ride, sometimes without being on the board. NFRA imposed a penalty of Rs 2 crore on Deloitte Haskins and Sells LLP and fined two Chartered Accounts for lapses in the Financial Year 2018-19 and 2019-20 audit of Zee Entertainment Enterprises (ZEEL). While Chartered Account A B Jani was fined Rs 10 lakh and barred from all types of auditing practice and being appointed as an auditor or internal auditor of any company for five years, Chartered Accountant Rakesh Sharma was fi...
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Insight G offers cutting-edge technology coupled with brilliant aesthetics to adorn the living spaces of Indian homes. The company will introduce smart variants to cater to the diverse requirements of the next-gen consumers, says Mr Ramachandran V, Director and COO of V-Guard Industries. V-Guard is one of India’s leading electrical, electronics and home appliances majors. The company has unveiled its premium BLDC high-speed fan, Insight-G. The Insight-G BLDC fan is a delectable fusion of aesthetics and efficiency. The slim marvel is available in 12 colours, including an appealing wood finish, which compliments the interior décor as per the discerning taste of the consumers. The company offers a five-year warranty and a five-star rating. The fan consum...
Read MoreThe Central government has significantly increased its share to achieve Mission Poshan 2.0, Mission Shakti and Mission Vatsalya. Women and children constitute 67.7 per cent of India’s population. Their safety and secured living environment are crucial for the sustainable and equitable development of the country and for achieving transformational economic and social changes. The government ensures well-nourished and happy children as well as confident, self-reliant women by providing them with an environment that is accessible, affordable, reliable, free from all forms of discrimination and violence. The prime objective of the ministry is to address gaps in State action for women and children and promote inter-ministerial and inter-sectoral convergence to create gender equitable and chi...
Read MoreFinance Bill 2022-23, which highlights the nuances of taxes and fiscal matters approved by the Parliament according to the government proposal immediately after the budget presentation. Only after the approval from the members of the parliament, the budget proposals can be implemented. The documents contain provisions about cess and tax additions and exemptions under income tax, customs and excise . Finance-bill-2022-23Download ...
Read MoreRising exports, the overall recovery trend across all sectors of the economy and the fiscal space for spending more on infrastructure can make the economy run faster. This is the second straight year the entire world has been passing through a pandemic. India’s position has been better than many large economies. With considerable difficulties and with timely policy support, the government could stabilize the economy. Though growth in the current financial year at an impressive rate may be because of the low base after the contraction last year, the overall performance has given fresh hope and sigh of relief to many industries. The Indian economy has reached the pre-pandemic level, the Economic Survey 2021-22 tabled in the Parliament points out. The advance estimates suggest t...
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