CA Ayush Sharma

05/12/2022

https://youtu.be/lLRxL0Ei0nY

NUMBER SYSTEM | MATHS FOR SSC GD/CGL/CHSL | MATHS BY RAHUL DESHWAL | Deshwal Maths ka Baap ...

04/08/2022

Very useful excel functions for financial modeling

25/07/2022

hope u like my videos ☺️ pls consider liking and subscribing for more such content of this journey song in this video 👇InfinitySong by- Jaymes Youngca dream...

02/05/2022

GST collection touches record ₹1.68 lakh crore in April: Finance ministry
This is nearly 18% more than the previous record of ₹1,42,095 crore GST collection in March, union finance ministry said

02/05/2022

1986-batch IRS-IT officer Sangeeta Singh given additional charge of CBDT chairperson

Senior IRS-IT officer Sangeeta Singh has been given the additional charge of CBDT chairperson after incumbent JB Mohapatra retired as the head of the direct taxes administration body on April 30.
An order issued by the Union Finance Ministry on Sunday said Singh, a 1986-batch officer of the Indian Revenue Service (IRS) of the Income Tax cadre, "shall discharge the duties and responsibilities of the post of chairman, CBDT in addition to her own duties for a period of three months or till a regular chairman is appointed, whichever is earlier".
She is currently serving as the Member (Income Tax and Revenue) and is also holding the additional charge of Member (Tax Payer Services) in the CBDT. The Central Board of Direct Taxes (CBDT) is headed by a chairman and can have six members who are in the rank of special secretary.
It is the administrative body for the Income Tax department. There are five members in the Board at present with 1985-batch IRS officer Anuja Sarangi being the senior most. The other members are Nitin Gupta (1986 batch) and Pragya Sahay Saksena and Subashree Anantkrishnan (both 1987 batch) Mohapatra, a 1985-batch IRS officer, superannuated from service on Saturday
He was appointed as the full-time chairman in September last year and was holding the additional charge of the post since May 31, 2021 after the extended tenure of his predecessor P C Mody ended.

12/04/2022

*Mergers & acquisitions in times of pandemic:* India remains hottest destination for deal-making

The frenetic deal-making activity was driven by both global and domestic biggies.

During the quarter, 25 large deals above $100 million and 99 deals valued between $10-99 million were closed

Deal-making in India in the first three months of this calendar year raced to a four-year high, bucking the global trend where mergers & acquisitions fell sharply. Corporate India closed 608 deals worth $13.3 billion during the period, up from 408 deals worth $12.1 billion a year ago.
According to Grant Thornton Bharat’s Dealtracker report, this translates into a significant 49% growth in deal volumes and 9% increase in values compared to the January-March period of 2021. Deal volumes in India were driven not just by inbound deals but also domestic acquisitions by big boys like Reliance group, which closed eight deals during the quarter.

*The largest deal during the quarter was Google International LLC’s inbound $700-million investment in Bharti Airtel and it accounted for 18% of the M&A value in telecom*

04/04/2022

CA Convocation indore
Sooner or later, hardwork always pays off

15/02/2022

Cleared FAFD Certification Course ✌🏻
One more accomplishment in my career
Happy to share that I have qualified Forensic Accounting and Fraud Detection - a Certificate course conducted by the DAAB of ICAI.
Grateful to everyone who supported me in this journey🙏🏼
Hereafter will be eligible to conduct Forensic Audits in financial frauds as well!
Excited to begin this journey.

28/11/2021

*Indusind Bank’s Hindujas welcome RBI move to up promoter holding to 26%*

The RBI on Friday came out with revised guidelines on private sector banks, allowing for 26 per cent promoter ownership but did not go ahead with an internal working group's recommendation to allow corporates to promote banks after protests from various quarters including former governors.
The Hindujas, who had earlier applied to RBI seeking to increase their holding in Indusind Bank, on Saturday welcomed the RBI move to allow promoter holding of up to 26 per cent in private sector lenders.
IIHL Mauritius, the Hindujas’ entity which is the promoter of IndusInd Bank, had applied to RBI to increase its holding to 26 per cent from the previous cap of 15 per cent, seeking parity after promoters of rival Kotak Mahindra Bank were given the permission to have their holding at 26 per cent after dragging the RBI to courts.
We believe this measure of increased promoter holding will be of benefit to all stakeholders: the regulator, the banking institution and its clients, particularly at this time when Indian economy is poised for exponential growth,” Ashok Hinduja, the chairman of IIHL, said.

The RBI on Friday came out with revised guidelines on private sector banks, allowing for 26 per cent promoter ownership but did not go ahead with an internal working group’s recommendation to allow corporates to promote banks after protests from various quarters including former governors.

Hinduja said IIHL now awaits operational guidelines as it gives the promoters an opportunity to inject capital to increase stake up to 26 per cent.
The increased promoter holding will lead to enhanced financial strength of the bank and its clients will be protected, he added.