Archive for Author: admin@bfag

Why to choose outsourcing over in-housing

Managing accounting & payroll is major part of any business. Many businesses prefer to manage their operations in-house but frequently changes in regulations and compliance policies is difficult to upkeep and maintain books of accounts. Hence, many companies prefer to outsource their finance and accounting operations. In this article,...

Read More

FAQ on GST

Overview of Goods and Services Tax (GST) Q 1. What is Goods and Service Tax (GST)? Ans. It is a destination based tax on consumption of goods and services. It is proposed to be levied at all stages right from manufacture up to final consumption with credit of taxes...

Read More

NCLT and NCLAT

The National Company Law Tribunal and the National Company Law Appellate Tribunal ConstitutedThe constitution of the National Company Law Tribunal and the National Company Law Appellate Tribunal is a paradigm shift with the intention of establishing a specialized forum to adjudicate all disputes/issues pertaining to companies in India. The...

Read More

Accounting Customer Support Dubai UAE

Looking for dynamic Candidates with Accounting and Reporting exposure for Four to Six years of Relevant experience, Should be well versed with various accounting Application Should be able to handle offshore team and coordinate the with the Cliental and ensure the work is done and Service Levels are met.

Read More

Clarification Accounting Standards (AS) 10-Capitalization of Cost-regarding General Circular No. 35/2014 F.No.l 7/66/2013/CL-V GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS

Government has received a number of representations seeking clarifications on capitalization of costs in cases of Competitive Bid power projects. The clarifications sought were with regard to capitalization of borrowing costs incurred during extended delay in commercial production for reasons beyond the developer’s control, and whether capitalization of power...

Read More