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India’s Banking and Financial System: Opportunities f...

India’s Banking and Financial System

India’s Banking and Financial System has come a long way and is undergoing rapid expansion. The total assets across banking sectors earned about USD 2.67...

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NBFC Startup

Depositor’s remedy in case of defaults in repayme...

non-banking financial company

A Non-Banking Financial Company(NBFC) is a company registered under the Companies Act of 1956 that engages in the business of loans and advances, the purch...

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NBFC

Safe custody of liquid assets and collection of interes...

liquid assets

As a regulatory requirement, an NBFC's operations must include the safe custody of liquid assets and the collection of interest on securities with a Statut...

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Income Tax

Section 269SS of Income Tax Act 1961: An Overview

Section 269SS

The practice of tax avoidance is quite prevalent among assessees for the purpose of tax savings. However, if it is done through unfair means or by the conc...

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Income Tax

Mahaveer Kumar Jain Vs Commissioner Of Income Tax: Case...

Income Tax

The Supreme Court of India ( Apex Court) pronounced a landmark judgement in the case titled Mahaveer Kumar Jain Vs Commissioner Of Income Tax dated 19th Ap...

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Taxation

Tax Implications of Different Types of Investments

Tax Implications

Management of tax as an investor is a supremely complex issue, and it is for this very reason that amateur investors are recommended for working with an ex...

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Digital Lending

Guidelines on Default Loss Guarantee (DLG) in Digital L...

Guidelines on Default Loss Guarantee (DLG) in Digital Lending

The Reserve Bank of India, in its press release dated June 8, 2023, issued Statement on Developmental and Regulatory Authority. The statement includes vari...

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RBI Notification

FLDG- RBI’s Statement on Developmental and Regula...

RBI's Statement on Developmental and Regulatory Policies

RBI released a developmental and regulatory policy statement on June 8, 2023. The objective of the plan is to encourage sustainability and stability in the...

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