Finance Business

The Reserve Bank of India released a notification regarding extension of Risk based Internal Audit rules to all deposit-taking and non-deposit taking Housi...

Forex transactions refer to the sale and purchase of the foreign currencies. It is an agreement of exchanging the currency of a country for the currency of...

Foreign Direct Investments are usually made in open economies having skilled workforce and growth prospect. It doesn’t just bring in money but also techn...

The provisions of Companies Act and Insurance Act govern the concept of Insurance Web Aggregator in India. Further, a company must obtain an Insurance Web...

In a bid to make the payments process fast and easy, the Reserve bank has introduced various measures. One of those measures is Prepaid Wallet or the Payme...

Understanding the concept of mutual funds is critical to start a mutual fund company in India. It involves collection of money that is put together by inve...

Co-operative society in a rural area follows the principle of mutual help and self-help to facilitate rural development. Every member joins a co-operative...

This is a question that has come up again and again, and with this has come some other relevant questions, too, like if NRIs can buy commercial property in...

MEIS scheme has replaced 5 incentive schemes that gave different types of duly credit scrips. The 5 incentive schemes that are replaced are, Focus Product...

Annual Performance Report is important annual compliance provided under the Foreign Exchange Management Act 1999. Not filing this report before the due dat...

DAAB (Digital Accounting and Assurance Board) constituted by ICAI to find a solution of all the issues arising regarding the valuation and internal audit i...

FLA stands for Foreign Liabilities and Assets. FLA Return is a mandatory filing under Foreign Exchange Management Act 1999. Not filing this return before t...