Articles by Affluence Advisory

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Understanding Open Offer Regulations

  Affluence Advisory    11 December 2024 at 08:42

An open offer is an offer made by the acquirer to the shareholders of the target company inviting them to tender their shares in the target company at a particular price.



Similarity and Difference between 'Call Option' and 'Put Option'

  Affluence Advisory    07 December 2024 at 08:43

Pricing mechanisms for options are captured in the shareholders/option agreement/s. Where foreign parties are involved, there are certain pricing and other guidelines laid down by RBI that have to be mandatorily complied with.



India's Startup Boom Transforming Entrepreneurship and Economic Growth

  Affluence Advisory    04 December 2024 at 08:39

Entrepreneurship in India is experiencing a significant surge, driven by a combination of economic reforms, government initiatives, and a young, dynamic workfor..



The Ultimate Guide to Resume Crafting and Interview Success

  Affluence Advisory    02 December 2024 at 08:41

Guidelines for Resume Crafting & Interview Tips



NBFCs under Regulatory Spotlight: Emphasis on Sustainable Practices and Risk Management

  Affluence Advisory    28 November 2024 at 08:43

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.



Tax Compliance: Employees Not Liable for Employer's TDS Mismanagement

  Affluence Advisory    27 November 2024 at 08:43

Explore the intricacies of TDS under the Income-tax Act, 1961, focusing on the responsibilities of deductors, TDS credit provisions, and key judicial rulings protecting deductees from being treated as assessee-in-default. Understand CBDT guidelines and recent high court judgments addressing TDS mismatches and employer-employee tax issues.



Probate, LoA and Succession Certificate

  Affluence Advisory    26 November 2024 at 08:40

When a person dies without leaving a Will ("Intestate Individual"), his/her succession is called Intestate Succession. It includes (a) Probate; (b) Letter of Administration; and (c) Succession Certificate.



Artificial Intelligence In Human Resources

  Affluence Advisory    19 November 2024 at 08:38

Human Resources (HR) is one of the most crucial departments in any organization, responsible for managing the most important asset: the people.



Understanding Wills in India: Key Legal Aspects & FAQs

  Affluence Advisory    14 November 2024 at 06:41

A Will can be revoked at any time by the testator/testatrix during his/her lifetime.



Understanding Wills: Types, Legal Framework and Benefits in India

  Affluence Advisory    06 November 2024 at 06:40

A Will is a legal document that sets forth the wishes of the person making it (the testator) regarding the distribution of his/her property.




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