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 ...

The Central Board of Direct Taxes (CBDT) has released its sixth Annual Report on the Advance Pricing Agreement (APA) programme, marking a significant milestone for India’s taxation landscape. In FY ...

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 ...

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 ...

Following was a complete guide to the ECB regulations and rules in India. In case you are willing to raise external commercial borrowings, then it is important to know all the ECB regulations and ...