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RBI Notification

Internal Ombudsman Scheme mandated for NBFCs

Internal Ombudsman Scheme mandated for NBFCs

The RBI recently announced the introduction of Internal Ombudsman Scheme for certain categories of NBFCs. The RBI said that it has planned to introduce the...

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Insurance Business

Increasing InsurTech Opportunities for Insurers

Increasing InsurTech Opportunities for Insurers

For someone who doesn't know much about insurance may find it less interesting. However, those who intently follow insurance updates would know that there...

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RBI Notification

RBI Announces Offline Retail Digital Payments

RBI Announces Offline Retail Digital Payments

The Reserve Bank made an announcement recently on a nationwide framework for implementation of offline retail digital payments. Offline digital payments ma...

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CFO Service

Comparing In-house vs. Virtual CFO Services

Comparing In-House vs. Virtual CFO Services

When making crucial decisions like hiring a CFO for a company, there may be confusion between whether to hire an in-house CFO or go for Virtual CFO service...

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Income Tax

Compliance checks for Sections 206AB and 206CCA – A n...

Compliance checks for Sections 206AB and 206CCA – A new functionality introduced by CBDT

Initially, the Budget 2021 included a provision requiring non-filers of income tax returns for the previous two financial years to pay higher TCS and TDS r...

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Mergers and Acquisitions

Know the Process of Company Takeover

Know the Process of Company Takeover

Businesses today undergo various structural modifications to sustain their existence in the market. One of the preferable strategy used by companies to exp...

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Income Tax Taxation

All you need to know about Tax Saver Fixed Deposits...

All you need to know about Tax Saver Fixed Deposits

A person can create a fixed deposit account from a period as low as 1 year to as high as 10 years but do you know that 5 year fixed...

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News

Supreme Court’s stance on Freezing of Bank Accounts u...

Supreme Court’s stance on Freezing of Bank Accounts under PMLA 2002

The Supreme Court recently allowed an appeal filed by OPTO Circuit India Ltd. that challenges an order of the Karnataka High Court. Additionally, the Supre...

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