Position of Law - Definition of NBFC as per Section 45 of the RBI Act 1934
In this article, we will discuss how SPICe MCA offers vast benefits to entrepreneurs in India.
In a strong and timely advisory, the Reserve Bank of India (RBI) has urged Non-Banking Financial Companies (NBFCs) including Microfinance Institutions (MFIs) and Housing Finance Companies (HFCs) to cultivate a ‘compliance-first' culture.
This article helps you outline the important files needed to register a Pvt Ltd business in India.
Receipts for Transfer of "Copyright" by a Non-Resident (not having a PE in India) to a Resident in India are taxable in India as 'royalty'. However, the Transfer of "License" is not.
As you are aware, insurance companies are considered custodians of the money of their policyholders. A policyholder pays a premium to the insurance company with the hope that, in case of financial loss, the insurance company will indemnify him/her.
In this article, we elaborate the challenging situations faced by Small and Medium-sized businesses, supplying insights and ability solutions.
The provisions related to Vigil Mechanism is contained in Section 177 (9) and (10) of the Companies Act, 2013 (the Act) read with Rule 7 of the Companies (Meetings of Board and its Powers) Rules, 2014.
Here's a study of the top 10 MSME benefits each small enterprise proprietor ought to recognize.
The Auditor shall exercise professional judgment and maintain professional scepticism throughout the planning and performance of the audit to detect and report the fraud envisaged under the provisions of Section 143(12) of the Companies Act, 2013 read with Companies (Audit and Auditors) Rules, 2014.
Online GST Course - Master the Fundamentals of GST with Practical Insights