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FEMA

Casting Light on the Role of RBI under FEMA

Casting Light on the Role of RBI under FEMA

FEMA was introduced in India with a view to simplify import and export trade and to protect foreign exchange market. The Foreign Exchange Management Act re...

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Fintech

Growth Prospect of Indian Fintech Market

Growth Prospect of Indian Fintech Market

The Indian Fintech Market is presently valued at 31 billion dollars and is expected to grow tremendously in the coming years. In India, the cities where mo...

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FEMA Foreign Exchange Management

A Detailed Review of Foreign Exchange Management Act 19...

A Detailed Review of Foreign Exchange Management Act 1999

The Foreign Exchange Management Act was enacted by the Indian parliament, and it came into force in 2000. FEMA was introduced considering the new, liberal...

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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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