10 Ways External Financial Experts Can Complement Your In-House Finance Team

In today’s competitive and ever-evolving business landscape, companies rely heavily on their in-house finance teams to manage day-to-day financial operations, compliance, reporting, budgeting, and forecasting. However, as businesses grow and encounter increasingly complex financial challenges, internal teams may require additional support. That’s where external financial experts come in. Bringing in external financial professionals—such as virtual CFOs, financial consultants, or advisory […]

UK ECONOMIC SNAPSHOT MAY 2025

The UK economy is showing tentative signs of recovery, but underlying challenges continue to weigh heavily. GDP grew by 0.6% in the three months to February 2025, a modest improvement driven largely by the service sector. Manufacturing bounced back in February with a 2.2% uptick, but output remains below last year’s levels. Construction also nudged upward by 0.4%. Productivity, although […]

Warburg Pincus, ADIA To Invest $877 Mn In IDFC First Bank

Warburg Pincus and the Abu Dhabi Investment Authority (ADIA) will invest $877 million (around INR 7,421 crores) in IDFC First Bank. The bank’s board has approved a preferential equity issue of $576 million (around INR 4,876 crores) to Warburg Pincus and $310 million (around INR 2,624 crores) to ADIA, subject to shareholder and regulatory approvals. The funds will strengthen the […]

Indirect Tax Updates April 2025

Private Agreements Do Not Override Statutory RCM Liability – Allahabad High Court  Private Agreements Do Not Override Statutory RCM Liability – Allahabad High Court  Facts: The petitioner (a service recipient) entered into an agreement with the supplier where the supplier agreed to bear all GST liabilities. However, GST authorities demanded tax under the Reverse Charge Mechanism (RCM) from the petitioner. […]

Direct Tax Updates for April 2025

NOTIFICATION G.S.R. 252(E) [NO. 35/2025/F.NO. 370142/11/2025-TPL], DATED 22-4-2025 The CBDT vide notification dated 22.04.2025; notifies 10 luxury goods liable to TCS; list includes home theatre systems, shoes, handbags etc.  NOTIFICATION NO. 25/2025 [G.S.R. 217(E)/F. NO. 370142/1/2025-TPL], DATED 3-4-2025 Person allotted PAN based on enrollment ID shall intimate his Aadhaar Number on or before 31-12-2025. NOTIFICATION NO. 30/2025 [G.S.R. 221(E)/F.NO. 370142/29/2024-TPL], DATED […]