https://www.taxtmi.com/news?id=15853 The Serious Fraud Investigation Office, established by government resolution and notified under company law, has conducted investigations that uncovered falsification of financial statements, misuse of deposit-raising schemes, fraudulent transactions, related-party manipulation, and diversion of funds; regulatory measures include declaring fraud a substantive offence, granting statutory status to the SFIO, tightening corporate governance norms, and increasing use of technology and forensic data analysis for detection and prevention. en-us Wed, 09 Mar 2016 09:50:57 +0530 Wed, 09 Mar 2016 09:50:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=15853 The Serious Fraud Investigation Office, established by government resolution and notified under company law, has conducted investigations that uncovered falsification of financial statements, misuse of deposit-raising schemes, fraudulent transactions, related-party manipulation, and diversion of funds; regulatory measures include declaring fraud a substantive offence, granting statutory status to the SFIO, tightening corporate governance norms, and increasing use of technology and forensic data analysis for detection and prevention. News - Wed, 09 Mar 2016 09:50:57 +0530 https://www.taxtmi.com/news?id=15853