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GST is a game changing reform for the Indian Economy as it brings uniformity in the taxation structure. It is a consumption-based indirect tax charged on s...
TCS stands for Tax Collected at Source and, it is the tax payable by a seller which the seller collects from the buyer at the time of sale. Section 206C......
Capital gain is a gain or profit that arises from the sale of a ‘capital asset’ and comes under the category of ‘income’, therefore a person is req...
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...
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...
What is NBFC? Non-Banking Financial Companies (NBFCs) are financial institutions registered under the Companies Act, 1956 which are engaged in the business...
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...
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...
The revised Credit Information Reporting Framework of the RBI is now in the implementation stag...
The RBI has given some extra time to companies that were preparing to file their FLA returns by...
SEBI has made important changes to the Foreign Portfolio Investor (FPI) Regulations t...
The Reserve Bank of India plays a vital role in maintaining the stability of the Indi...
Starting a business in the Middle East or GCC market is a great opportunity. However,...
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