1. Overview of the 2026 export regimeUnder FEMA, export transactions involving goods and services are treated as current account transactions. Such transactions are generally permitted, but they remain subject to the regulatory discipline prescribed by the Reserve Bank of India (“RBI”), authorised dealers, customs auth...
Read the full article →Expert writing across every domain, in one place
Analysis, opinions and practice notes on Income Tax, GST, Company Law, Customs, FEMA and the profession — published as they are approved by our editors.
Today's paper
The desks that publish every week.
Also worth reading
All articles →Across every practice area, most recent first.
CA, CS, CMA
Worldwide Accounting & Audit Brief: September 2026 Developments in IFRS for SMEs, PCAOB and FRC
This update brings together recent international developments in financial reporting, audit regulation and accounting oversight, based on information...
CA, CS, CMA
When Familiarity Dilutes Fraud Audit Discipline: Revenue Presumption, Override Risk and the Need for Fresh Scepticism
1. OverviewA long audit relationship often creates practical knowledge, smoother communication and better understanding of the client’s business. But...
CA, CS, CMA
Ind AS Transition: Two Practical Areas Where Substance Overrides Labels
Migration from earlier Indian GAAP to Ind AS is not limited to reformatting financial statements or changing disclosures. In many situations, the same...
Custom
MOOWR Scheme under Section 65 of the Customs Act: Benefits, Registration, Process and Limitations
Introduction to the MOOWR SchemeThe Manufacture and Other Operations in Warehouse Regulations, 2019, commonly referred to as the MOOWR Scheme, operate...
CA, CS, CMA
Article -Ind AS 118 and Operating Expenses: Choosing Between Nature, Function and a Combined Presentation
Ind AS 118 and Operating Expenses: Choosing Between Nature, Function and a Combined Presentation1. Why operating expense presentation matters under In...
CA, CS, CMA
Tax Audit for AY 2026-27: A Recast Practical Guide Covering Applicability, Turnover, Form 3CD Reporting and Auditor Responsibilities
1. Background: why tax audit matters for AY 2026-27Under the Income-tax Act, 1961, two related but distinct obligations often operate together. Sectio...
Browse by practice area
15,950 articles across 13 practice areas.
Article directory
Every practice area, with what is behind it.