Prabhat Nigam

Never Stop Learning

Prabhat Nigam

About Prabhat Nigam

Prabhat has done his BA LLB (Hons) and has been writing research papers since his law school days. His interest in content writing made him pursue a career in legal research and content writing. His core areas of interest are indirect taxes, finance and real estate.


Insurance Web Aggregator

Rejection of Insurance Web Aggregation Registration App...

Regulation 12 of the Insurance Regulatory and Development Authority of India (Insurance Web Aggregators) Regulations, 2017 lays down the instances where re...

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Insurance License

What are Insurance Brokers License conditions?

Regulation 13 of the Insurance Regulatory and Development Authority of India (Insurance Brokers) Regulations, 2018 lays down the conditions for the insuran...

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Finance & Accounting

An overview of Contingent Liabilities and Commitments...

The books of accounts do not recognise contingent liabilities. However, in Ind AS-37 Provisions, Contingent Liabilities and Contingent Assets, it is necess...

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Micro Finance Company

RBI’s Master Direction on Regulatory Framework for Mi...

Recently, the Reserve Bank of India (RBI) has released Master Directions on Regulatory Framework for Microfinance Loans, 2022 wherein RBI has directed that...

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Taxation

An overview of Tax on Slump Sale

Many businesses have multifaceted operations where they have been indulging in various businesses. They have separate entities or undertakings having their...

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Income Tax

Dilemma over delayed interest payment

The process of getting a refund back from the Income Tax Department is in itself a very tedious task. It comes with its own set of challenges and delays. O...

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PMLA

PMLA doesn’t prevent authorised officer from passing...

The Supreme Court recently on 14th February, 2022 declared that there exists no provision under the Prevention of Money Laundering Act, 2002 (PMLA)  r...

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Internal Audit

An overview of Audit Planning

While planning for an audit, it requires establishing an overall audit strategy for engaging and developing an audit plan. The auditor’s role is to devis...

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