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 ...

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 ...

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 ...

In India's evolving Goods and Services Tax (GST) framework, vouchers—ranging from gift cards and coupons to prepaid instruments—play a significant role in business promotions, customer retention, and ...

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 ...

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 ...

Extended Producer Responsibility (EPR) is a vital environmental framework that ensures producers, including importers, take responsibility for the entire lifecycle of their products, particularly in ...

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 ...

For manufacturers in India, obtaining BIS Certification for Telescopic Ball Bearing Drawer Slide is essential. This certification, awarded by the Bureau of Indian Standards (BIS), ensures that ...