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An individual's taxability is determined by his or her residence status. A resident taxpayer, for example, is required to pay tax on all of his income deri...
FEMA was introduced in India with a view to simplify import and export trade and to protect foreign exchange market. The Foreign Exchange Management Act re...
The Foreign Exchange Management Act was enacted by the Indian parliament, and it came into force in 2000. FEMA was introduced considering the new, liberal...
The RBI recently proposed to tighten Overseas Direct Investments and financial commitments by Indian businesses, and the regulator has proposed to liberali...
Compounding refers to settlement of the offence committed by the contravener by imposing monetary penalty instead of going to litigation. It is a voluntary...
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...
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...
Over the decades, the Oil and Natural Gas Corporation (ONGC) has been a key pillar in the portf...
The Reserve Bank of India, on April 11, 2025, posted a Press Release No. 2025-2026/96 on their...
Hong Kong is widely recognized as a leading global business hub, known for its free-market econ...
With India’s growing economy, Non-Banking Financial Companies (NBFCs) have expanded significa...
With the rise of digitalization, the global cryptocurrency market is expanding at an unpreceden...
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