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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...
India today has set an ambitious goal to become a $5 trillion economy by 2027-28. Although a st...
The Securities and Exchange Board of India (SEBI) works for the proper regulation of the stock...
The Money lending business refers to the act of lending money. It is mandatory to get a license...
Artificial intelligence, or AI, is rapidly changing the image of the financial sector. Banks, N...
India and the United Arab Emirates (UAE) have a long and expanding trade relationship. Trade fl...
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