Articles by Affluence Advisory

avatarView Full Profile

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.



Electrification: A Decadal Theme Driving AI, EVs and Global Industry

  Affluence Advisory    30 October 2024 at 08:31

The surge in demand for electricity is putting immense pressure on power companies, with many admitting that they are unprepared to handle such an influx.



Waiver of Interest and Penalty in terms of Section 128A of CGST Act

  Affluence Advisory    26 October 2024 at 08:24

Section 128A of CGST Act provides for waiver of interest or penalty or both relating to demand under Section 73 of CGST Act pertaining to period July 2017 to March 2018, FY 2018-19, FY 2019-20.



Interpretation of the term 'As Is' or 'As Is, Where Is Basis' for regularizing the past period transactions

  Affluence Advisory    21 October 2024 at 08:34

In the recent circulars issued pursuant to 53rd and 54th GST council meeting wherein CBIC based on the recommendation of GST Council has clarified upon applicability of tax rate/classification or exemptions available in case of specified goods or services.



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.