Articles by Affluence Advisory

RBI asks NBFCs to stick to Rs 20,000 cash loan pay-out limit

Affluence Advisory 22 May 2024 at 08:45

The recent regulatory measures implemented by the RBI targeting numerous banks, NBFCs and fintech firms underscore the significant emphasis regulators place on fostering a balanced and resilient ecosystem, whether in lending, IT governance, or credit expansion or addressing NPA'S and Provisioning.

New Tariff Walls

Affluence Advisory 17 May 2024 at 08:34

Since 2018, an economic rift has persisted between China and the United States (US), spurred by a revision in the foreign economic stance under President Donald Trump's administration.

Liability of Directors in case of a Private Company

Affluence Advisory 15 May 2024 at 15:16

In this article, we have tried to cover the liability of directors under different laws, i.e., company law, income tax, and GST.

Doctrine of Merger in case where Apex Court dismisses a Case based on Threshold

Affluence Advisory 14 May 2024 at 14:11

In a recent judgment of Jharkhand HC, the captioned principle has been discussed at length.

Tax Implications on Slump Sale

Affluence Advisory 11 May 2024 at 08:47

Section 2(42C) of the Income-tax Act, 1961 (IT Act) defines the term slump sale" as the transfer of one or more undertakings, by any means, for a lump sum consideration without values being assigned to the individual assets and liabilities in such a transfer

Is the market rally fuelled by P/E expansion or Earning Expansion?

Affluence Advisory 09 May 2024 at 08:47

Let's screen some data and see that if at all the rally that the market has experienced was due to P/E expansion if not Earnings expansion or both.

Direct Listing Of Share Of Indian Companies Overseas Through IFSC GIFT City

Affluence Advisory 04 May 2024 at 08:37

Indian businesses will be given the "flexibility to access both markets domestic market for raising capital in INR and the international market at IFSC for raising capital in foreign currency from the global investors".

NBFCs and IT Governance: Ensuring Future Readiness

Affluence Advisory 01 May 2024 at 08:41

Under the current system, there were dozens of directives and alerts regulating the realm of space, which were considered outdated given the evolving environment

Capital Market Overview

Affluence Advisory 25 April 2024 at 08:43

The last few months were a roller coaster for markets, in fact few months?

Possession of material unearthed during search is prerequisite to invoke provisions of Section 153C of Income Tax Act

Affluence Advisory 23 April 2024 at 14:01

In the case of a non-searched person, whose books of account or documents were found during the search (referred to as "other person"), an assessment is made under Section 153C of the Act.