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RBI Notification

RBI changes Rules for Loan Transfer for Banks, NBFCs...

RBI changes Rules for Loan Transfer for Banks, NBFCs

The Reserve Bank issued master direction on transfer of loan on September 24, 2021. The new mandate necessitates the requirement for banks and other lendin...

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GST

GST Advantages for Businesses in terms of CSR Spending...

GST advantages for businesses in terms of CSR spending

CSR (Corporate Social Responsibility) pertains to a company’s voluntary contribution to a better society and a healthier and cleaner environment in the...

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FSSAI Food License

All about the Food Safety Mitra (FSM) Scheme 2021

All about the Food Safety Mitra (FSM) Scheme 2021

To increase the ease of doing business, the Food Safety & Standards Authority of India (FSSAI), which is part of the Ministry of Health and Family Welf...

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Corporate Policy Legal

All about the Doctrine of Indoor Management under Compa...

All about the Doctrine of Indoor Management under Companies Act 2013

The doctrine of indoor management, commonly referred as "TURQUAND'S RULE," is a 150-year-old notion that protects outsiders from the company's activities....

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Income Tax Taxation

Penalty for Tax Evasion

Penalty for Tax Evasion

In India, evading income taxes is a crime. Tax evasion is punishable by severe fines under Chapter XXII of the Income-tax Act of 1961, and in some circumst...

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Legal Agreements

Difference between Force Majeure and Doctrine of Frustr...

Difference between Force Majeure and Doctrine of Frustration

The COVID-19 pandemic has caused significant disruption to companies all across the globe, with several finding it hard, if not impossible, to meet their c...

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Compliances

Dormant (Inactive) Company: Meaning, Benefits, Complian...

Dormant (inactive) Company: Meaning, Benefits, Compliances etc.

Dormant Company was introduced under the Companies Act 2013, and it was not there earlier in the Companies Act of 1956. Section 455 of the Companies Act 20...

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Finance

Global Initiatives to Prevent Money Laundering

Global Initiatives to Prevent Money Laundering

Money laundering is the unlawful process of presenting "dirty" money as legitimate rather than ill-gotten and there is a die-hearted need to prevent money...

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