Others Articles

Monthly Remuneration to Non-Executive Directors, permissible?

Affluence Advisory 28 February 2025 at 08:28

Let's find out whether it is permissible for a company to pay monthly remuneration to its NED?

Capital Levels of Banks and NBFCs: Resilience amid Stress Scenarios

Affluence Advisory 26 February 2025 at 08:33

The Reserve Bank of India’s (RBI) recent stress test results reveal a robust financial system, with capital levels at banks and Non-Banking Financial Comp

Agreement to Sell vs. Sale Deed - Key Differences & Legal Insights

Affluence Advisory 22 February 2025 at 08:37

The terms "Agreement to Sell" and "Sale Deed" are used very loosely and sometimes interchangeably, not only in conversations but also during negotiations and documentation/s.

Compounding Regulations under FEMA

Affluence Advisory 20 February 2025 at 08:29

Compounding of contraventions is a voluntary process where an individual or entity admits a contravention under any provision of law and seeks to settle the matter by paying the compounding fees, thus avoiding lengthy legal proceedings and hefty penalties that arise due to the committed contraventions.

The Unstable Pillar: Why Cooperative Banks in India Continue to Falter

CA Abhishek Agarwal 17 February 2025 at 07:34

A deep dive into RBI's annual report reveals a staggering statistic: cooperative banks account for the highest number of penalties among financial institutions...

RBI Cuts Repo Rate by 25 bps to 6.25%: Implications for the Economy

CA Aman Rajput 08 February 2025 at 08:50

The Reserve Bank of India have announced a 25 basis points cut in the repo rate, bringing it down to 6.25% from 6.5%, this even resulted a fall in stock market...

An Overview of Real Estate (Regulation and Development) Act (RERA), 2016

CA.Sangam Aggarwal 07 February 2025 at 08:45

An Overview of Real Estate (Regulation and Development) Act (RERA), 2016IntroductionIn today’s world, every person purchase immovable property from Real

Partnership Firm Registration Process Simplified

Affluence Advisory 06 February 2025 at 15:02

A partnership firm is a business structure created by two or more individuals who mutually agree to share the profits and losses of a business operated by all or any of them on behalf of the others.

FAQs on requirement of prior approval by NBFC for change in management

Affluence Advisory 06 February 2025 at 08:34

The Reserve Bank of India (RBI), in its Master Directions (Direction) for NBFCs, has outlined the requirement of obtaining prior written permission of RBI for a change in management of the NBFC which would result in a change in more than 30 percent of the directors, excluding independent directors (IDs).