Daily Archives: May 15, 2019

ICAI releases E Version of Compendium of Ind AS effective 1.4.2019

By | May 15, 2019

ICAI releases E Version of Compendium of Ind AS effective 1.4.2019 We are pleased to share that the Accounting Standards Board (the Board/ ASB) of Institute of Chartered Accountants of Indian (ICAI) has released e-version of Compendium of Indian Accounting Standards (Ind AS). As you are aware the Ind AS recommended by the ICAI, are… Read More »

FAQ on The Banning of Unregulated Deposit Schemes Ordinance 2019 by ICAI

By | May 15, 2019

FAQ on The Banning of Unregulated Deposit Schemes Ordinance 2019 India, has in the recent times witnessed a glut of financial frauds in forms of ponzi schemes, chit fund scams etc. In order to deter the illegal operators from running such deposit schemes luring deposits, and to regulate them, the government brought in the ‘Banning… Read More »

Avoid Taxes on Selling House in USA

By | May 15, 2019

Tax tips for taxpayers to consider when selling their home The IRS has some good news for taxpayers who are selling their home. When filing their taxes, they may qualify to exclude all or part of any gain from the sale from their income. Here are some things that homeowners should think about when selling a… Read More »

N-2019-35: IRS Update for Weighted Average Interest Rates, Yield Curves, and Segment Rates May 2019

By | May 15, 2019

Notice 2019-35  provides guidance on the corporate bond monthly yield curve, the corresponding spot segment rates used under § 417(e)(3), and the 24-month average segment rates under § 430(h)(2) of the Internal Revenue Code.  In addition, this notice provides guidance as to the interest rate on 30-year Treasury securities under § 417(e)(3)(A)(ii)(II) as in effect… Read More »