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Internal Audit

An Internal Audit– Companies Act 2013 along with requ...

An Internal Audit– Companies Act 2013 along with requirement of LODR 2015

The Companies Act, 2013 under Section 138, states that a class or classes of companies as prescribed would be required to appoint an internal auditor who w...

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AIF Registration

Private Equity Funds – Its types and Advantages

Private Equity Funds – Its types and Advantages

Private equity investments are classified in a wide category of (AIFs) Alternative Investment Funds. Private equity funds and investors either invest direc...

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Foreign Exchange Management

Enforcement Directorate (ED) and its Functions

Enforcement Directorate (ED) and its Functions

The Enforcement Directorate (ED) is one of several government organizations responsible for law enforcement, research, intelligence & evaluation of hig...

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Nidhi Company

Difference between Nidhi Company and Chit Funds

Difference between Nidhi Company and Chit Funds

The essential difference between Nidhi Company and Chit Funds is discussed in this article. Let’s start with a fundamental knowledge of what a Chit Fund...

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NBFC

Minimum Capital Requirements For NBFC

Minimum Capital Requirements For NBFCs

NBFCs, like banks, provide financial services to individuals and businesses throughout the nation. NBFCs in India have a significant objective of prov...

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Finance & Accounting

What is an Integrated Supply Chain?

What is an Integrated Supply Chain?

Integrated supply chain means a process where, from procurement of raw materials to production, quality control to packaging, distribution or supply to fin...

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GST Advisory

Notice or Order from GST Department: Assessments under...

Notice or Order from GST Department: Assessments under GST

There are various types of assessments under GST like self-assessment, provisional assessment, summary assessment and best judgement assessment. Assessment...

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Income Tax

Advance Ruling Mechanism & Impermissible Avoidance...

Advance Ruling Mechanism & Impermissible Avoidance Arrangement

Advance ruling was conceived with a view to provide certainty to business as opposed to litigation in reference to a proposed transaction. Earlier advance...

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