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.
Director's remuneration refers to the compensation or payment that directors of a company receive for their services and responsibilities. Remuneration for directors (including managing or whole-time directors) is decided by the articles of the company or by a resolution in a general meeting.
Updating KYC information is crucial for various purposes, such as Transfer claims, Advance Withdrawal claims, and Permanent Withdrawal claims. Without updated KYC, these claims cannot be processed.
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.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English