Family trusts in India serve as an essential tool for wealth preservation, succession planning, and tax optimization. They are widely used by families to secure assets, ensure smooth intergenerational ...

Exports of certain commodities may require special approval or license. SCOMET lists down a few such items. SCOMET is an acronym for Special Chemicals, Organisms, Materials, Equipment, and Technology ...

Independent organizations that work for social and charitable purposes are called as Non-Governmental Organizations (NGOs). In order to facilitate them in contributing to the greater good, the ...

NBFC stands for Non-Banking Financial Company. It is a type of financial institution that operates without a banking license and provides financial services such as loans, investments, and other ...

Social and environmental causes are gaining the attention of people. People and businesses are now not only focusing on profits but also on serving social and environmental causes. One of the most ...

The Special Valuation Branch (SVB Custom) has been established to Investigate the Valuation of Goods Imported by an Indian party from its related foreign supplier. When the Indian importer imports ...

International transactions are gaining momentum and more companies are getting involved in foreign investments. Therefore, RBI has placed a mechanism whereby the onus has been put on companies ...

The insolvency proceedings against Jaiprakash Associates Ltd JAL one of Indias leading infrastructure companies has become a case study in the complexities of financial restructuring under the ...

With the rising complexity of commercial transactions, accuracy and transparency have become paramount. Internal Control Over Financial Reporting (ICFR) and Internal Financial Control (IFC) play a ...

The V-Belt Amendment Order, 2024 does not apply to domestically manufactured or imported goods or articles before the commencement of the order. Manufacturers or importers can sell declared stock up ...

Ensuring adherence to Labour Law Compliance is essential for businesses operating in India. Non-compliance can lead to legal challenges, financial penalties, and reputational damage. This guide ...

Mergers and acquisitions have been one of the most effective ways whether it’s about business expansion or eliminating competition. Also, strategic mergers with the intent to collaborate can help ...