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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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GST Advisory

PIL filed for Constitution of GST Appellate Tribunal...

PIL filed for Constitution of GST Appellate Tribunal

Recently a Public Interest Litigation (PIL) was filed in the Supreme Court of India, which sought for constitution of GST Appellate Tribunal. The petitione...

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SEBI

Disclosure in Research Reports mandated by SEBI

Disclosure in Research Reports mandated by SEBI

Before issuing a research report, a Research Analyst should disclose certain mandatory disclosures in the research reports as provided under the RA regulat...

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RBI Notification

RBI extends access to Centralized Payment System to non...

RBI extends access to Centralized Payment System to non-banks in phases

The Reserve Bank of India vide notification dated 28th July 2021 allowed authorised non-banks payment system providers, including prepaid payment issuers,...

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