Articles by Affluence Advisory

A Guide to Microfinance Companies

Affluence Advisory 19 October 2024 at 07:54

The microfinance segment in India has proved to be fundamental for promoting financial inclusion by extending credit to low-income groups that are traditionally not catered to by lending institutions.

OCPS and CCPS Conversion: Transforming Preferences into Ownership

Affluence Advisory 16 October 2024 at 08:35

Preferred stock, sometimes referred to as preference shares, are a special kind of equity that allows owners to receive dividends declared by the Company ahead of equity owners.

From Private to Public and vice versa: Step-by-Step Approach to Company Conversion

Affluence Advisory 12 October 2024 at 08:04

The Companies Act, 2013 provides a detailed process for the conversion of a Private Limited Company into a Public Limited Company and vice versa.

Sustainable Compliance: Integrating Environmental, Social and Governance (ESG) Factors

Affluence Advisory 05 October 2024 at 08:52

Environmental, social and governance ("ESG") criteria are a set of standards for a company's operations that socially conscious investors use to screen potential investments. ESG factors have become increasingly important in the last several years.

Chinese Stimulus: The Key to China's Economic Shift and Global Recovery

Affluence Advisory 04 October 2024 at 08:43

Internally, problems such as the property crisis, sluggish household spending, and an aging population have further complicated the situation.

How Asset Reconstruction Companies in India are transforming the Bad Loan Landscape

Affluence Advisory 01 October 2024 at 08:48

The nation has always dealt with bad loans, but let's discuss how they ended up with such a mess in their books and what triggered the rise of ARC's in India, drawing from the likes of the International Bank for Reconstruction and Development.

Deemed Dividend: Understanding Section 2(22) of the Income-tax Act, 1961 and Its Implications

Affluence Advisory 26 September 2024 at 08:33

Section 2(22) of the Income-tax Act, 1961 (the Act), deals with Dividends. Sub-clause (e) of section 2 sub-section (22) of the Act includes payments made by a private company by way of advance or loan to a shareholder

Share Buyback - Strategic Decision in Corporate Finance

Affluence Advisory 18 September 2024 at 08:46

A Buy-back is when a company voluntarily repurchases its own securities from existing shareholders with the intention of cancelling them, following the rules set out in Section 68 of the Companies Act, 2013.

Highlights of 54th GST Council meeting held on 9th September 2024

Affluence Advisory 12 September 2024 at 14:14

A few key highlights of GST council meeting held on 9 September 2024

Global Economic concerns and policy narratives

Affluence Advisory 12 September 2024 at 08:33

The first week of September was anything but favorable for stock market enthusiasts. Far from setting any positive records, the market's performance left financiers and investors alike disheartened.