Others Articles

Decoding the Amended KYC Master Direction on PEPs issues by RBI

CA Aman Rajput 06 January 2024 at 08:32

On January 4th, 2024, the Reserve Bank of India (RBI) sent a ripple through the financial landscape with its amendment to the Master Direction on Know Your Customer (KYC) guidelines

NRIs Selling Property in India: TDS and Tax Implications

CA Arun Tiwari 05 January 2024 at 12:29

This guide aims to simplify the complexities surrounding NRI property sales, focusing on Tax Deducted at Source (TDS) and overall tax implications.

NFRA Flags Lapses in Walker Chandiok Audit Practices, Raising Concerns for Grant Thornton Network

CA Aman Rajput 01 January 2024 at 08:21

A recent inspection report by the National Financial Reporting Authority (NFRA) of India has thrown the spotlight on audit firm Walker Chandiok & Co LLP (WCCL), a member firm of the global Grant Thornton network.

Navigating NRI Ownership of Agricultural Land in India

CA Arun Tiwari 30 December 2023 at 08:55

Navigating the intricate rules surrounding the acquisition and ownership of agricultural land in their home country can be challenging for Non-Resident Indians (NRIs) in today's fast-changing world. Many NRIs, after earning abroad, choose to invest their money back in their home country.

RBI's Move to Regulate Investments in Alternative Investment Fund (AIFs)

Affluence Advisory 29 December 2023 at 08:52

On 19th December 2023, the Reserve Bank of India (RBI), issued guidelines regarding investments made in Alternative Investment Funds (AIFs) made by Banks and Non-banking Financial Companies (NBFCs), commonly referred to as regulated entities

Property Acquisition and Transfers in India: A Guide to FEMA Regulations for NRI/OCI and Foreign Nationals

DHANUSH D BOLAR 28 December 2023 at 08:52

FEMA does not define the term 'immovable property. In general, the term will include all types of immovable property residential, commercial, industrial or agricultural property.

Selling Agricultural Land to NRIs: Maximise Returns, Minimise Risks with Instalment Payments

CA Arun Tiwari 23 December 2023 at 09:11

The objective of this discussion is to decode the legal complexities, address the challenges and suggest sensible strategies to maximise profits while minimising the risks in these transactions.

Decoding Difference Between Personal Loan and Business Loan

Pranab Banerjee 22 December 2023 at 15:02

In the vast landscape of financial options, two prominent players often stand out – personal loans and business loans. Understanding the intricacies of each can be the key to making informed financial decisions that align with your needs and goals.

Triumphs and Trials

CA Pallav Singhania 22 December 2023 at 15:02

My article emphasizes the pivotal role of planning and strategy as essential tools for navigating and overcoming the obstacles and challenges presented by the passage of time.

RBI tightens norms for lenders investing in Alternate Investment Funds (AIFs)

Affluence Advisory 22 December 2023 at 07:24

The Reserve Bank of India (RBI) issued a circular, RBI/2023-24/90, on December 19, 2023, addressing concerns related to investments in Alternative Investment Funds (AIFs) by regulated entities (REs).