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NBFC

Guidelines on Liquidity Risk Management Framework for N...

Income recognition norms for NPAs

The set of liquidity risk management criteria listed below must be followed by all non-deposit-taking NBFCs with assets of ₹100 crore or more, systemical...

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Income Tax Taxation

Notice for Demand under section 156

Notice-for-Demand-under-section-156

The Income-tax Department checks the income declared and tax paid by the person with the details available with them. As per the Income-tax Act 1961, if th...

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Compliances

NBFCs Internal Audit Policy: Scope and Objective

Internal-Audit-of-NBFCs

What is NBFC? Non-Banking Financial Companies (NBFCs) are financial institutions registered under the Companies Act, 1956 which are engaged in the business...

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Startup

Details About P2P Lending Compliances Requirement

The Peer to Peer lending platforms is subjected to exercise P2P lending compliances as required by the Reserve Bank of India and the Ministry of Corporate...

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Startup

GST Not to Be Levied on Premium Recovered via Mediclaim...

GST not be levied on premium recovered via Mediclaim

As per Maharashtra Authority for Advance Ruling (AAR): GST will not be levied on the premium recovered from employees salary for their parents Mediclaim A...

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CFO Service Finance & Accounting

Read About the Types & State of Fintech Companies...

Fintech-companies-in-India

Fintech companies in India are making rounds of news from the last few years. The curiosity surrounded by the word is increasing at a rapid pace, and so is...

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Company Registration Compliances

Registration & Satisfaction of Charge under the Co...

Registration-&-Satisfaction-of-Charge

As per the Companies Act, 2013, A Charge is an interest or lien created on the assets or property of a Company or any of its undertaking as security and......

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GST Advisory

Implications of GST on Resident Welfare Association (RW...

Impact of GST on RWA's

After the spur of urbanization in India, countless housing societies have been sprawling across urban and semi-urban areas. Most of the families in metropo...

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