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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 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 ...

In a significant ruling, the Madras High Court has addressed a crucial question regarding the roles of the Jurisdictional Assessing Officer (JAO) and the Faceless Assessing Officer (FAO) under the ...

The Bureau of Indian Standards Registration and Certification page aims to provide an in-depth understanding of BIS, its significance, the Certification Process, and the benefits it offers to ...

Running your own business always comes with the uncertainty that someone might use your name or logo. This can lead to erosion of the customer base as another unauthorized person uses your goodwill ...