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NBFC

Submission of Information with respect to change of Dir...

NBFC

To maintain compliance with regulations and efficient supervision, Non-Banking Financial Companies (NBFCs) in India are required to provide several types o...

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PMLA

Initiatives to Prevent Money Laundering in India

Prevent Money Laundering

Money laundering is a common issue globally. In recent times, money laundering and terror financing have forced several governments and regulators globally...

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NBFC Compliance

Fair Practices Code (FPC) for NBFC-MFIs

Fair Practices

The Reserve Bank of India (RBI) has issued the regulation on Fair Practices Code for Non-Banking Finance Companies (NBFCs), thereby setting standards for f...

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Startup

India’s Banking and Financial System: Opportunities f...

India’s Banking and Financial System

India’s Banking and Financial System has come a long way and is undergoing rapid expansion. The total assets across banking sectors earned about USD 2.67...

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NBFC Startup

Depositor’s remedy in case of defaults in repayme...

non-banking financial company

A Non-Banking Financial Company(NBFC) is a company registered under the Companies Act of 1956 that engages in the business of loans and advances, the purch...

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NBFC

Safe custody of liquid assets and collection of interes...

liquid assets

As a regulatory requirement, an NBFC's operations must include the safe custody of liquid assets and the collection of interest on securities with a Statut...

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Income Tax

Section 269SS of Income Tax Act 1961: An Overview

Section 269SS

The practice of tax avoidance is quite prevalent among assessees for the purpose of tax savings. However, if it is done through unfair means or by the conc...

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Income Tax

Mahaveer Kumar Jain Vs Commissioner Of Income Tax: Case...

Income Tax

The Supreme Court of India ( Apex Court) pronounced a landmark judgement in the case titled Mahaveer Kumar Jain Vs Commissioner Of Income Tax dated 19th Ap...

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