Finance
what is SENSEX and NIFTY
SENSEX: Sensex is a stock market index. Sensex is comprised of 30 financially sound and established companies listed on BSE( Bombay stock exchange) NIFTY: Nifty is the equity benchmark of NSE ( national Read more…
SENSEX: Sensex is a stock market index. Sensex is comprised of 30 financially sound and established companies listed on BSE( Bombay stock exchange) NIFTY: Nifty is the equity benchmark of NSE ( national Read more…
SUKANYA SAMRIDDHI YOJANA ‘SUKANYA SAMRIDDHI YOJANA’ is an Indian Government-backed saving account scheme. This scheme allows the parents of the girl child to make their child’s future bright. Parents can build or save money into this account for their girl child for their future benefits like education, marriage, etc. Read more…
different types of activities involved in business for cash flow purpose.
Every company who has foreign investment during the current year or previous year or has outstanding foreign investment in the books need to file return to RBI on there Foreign Liabilities and Assets to avoid penalty or other proceedings from the concerned authority in the future.
Creation of Directorate General of Trade Remedies (DGTR) in Department of Commerce “trade defence mechanism in India lacks optimality and takes more than a year to complete proceedings in cases pertaining to unfair trade practices. Currently, the Directorate General of Anti-dumping and Allied Duties (DGAD) deals with anti-dumping and CVD Read more…
Money invested wisely gives you a long term grown and security. Scope of investment is depend upon the availability of fund,time frame , risk tolerance and expectations. Accordingly before any investment fruitful thought should be given to investment needs. Ø Don’t just leave your money in saving bank accounts. They don’t fetch you good returns. When you get money in lump sum invest in fixed deposits and when you wish to save regularly, open recurring deposit accounts.
Often importance of budgeting and saving and responsible borrowing is ignored due to complication of understandings, RBI has as part of awareness campaign has explained importance of budgeting,saving and responsible borrowing. BUDGETING AND SAVING: A budget is a plan for your future income and expenditure that you can use as Read more…
Below are the document list published RBI for Bank account KYC as part of financial awareness message. Ø One ‘proof of identity’ and ‘proof of address’ and a recent photogrph are enough to open a bank account. Ø Your Aadhaar Card , Driving License, Voters Identity Card, Passpor or NREGA Read more…
[tags RBI notification,FPI,FEMA] Notification: RBI/2017-18/170 , May 1, 2018 ; A.P. (DIR Series) Circular No. 26 Attention of Authorised Dealer Category-I (AD Category-I) banks is invited to Schedule 5 to the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) Regulations, 2000 notified vide Notification Read more…
Master Direction DBR.AML.BC.No.81/14.01.001/2015-16 RBI/DBR/2015-16/18 Original issue date: February 25, 2016, Updated as on April 20, 2018 RBI has issued direction on 20th April 2018 for updated KYC norms for Individual,Non resident,person with AADHAR. Following are the highlights of Direction issued. Download : Know Your Customer (KYC) Direction, 2016 For an Read more…
To promote new startup and make in India, government has taken several initiative to give benefit to startup and attract fresh fund in startup business. Hereby we are trying to consolidate all the provision that provide exemption to startups under section 80-IAC, We will see who the eligible startup as Read more…
To bring the parity with the government employees, government has announced the revision of gratuity limit for non-government employees, and now it will at par with government employees. Further government has announced revision in maternity leave from 12 weeks to 26 weeks for calculation of continuous service. It will bring Read more…
In recent times financial sector is amused by growth of virtual/ crypto currency, and by the news of large number of Indians being involved in virtual currency dealing. RBI has taken the serious note of this development and from time to time RBI has made it clear that it dealing Read more…
Notification No. FEMA.389/2018-RB, Dated: March 20, 2018 RBI has announced new regulation under foreign exchange management for regulation of Cross Border merger, amalgamation and arrangement between Indian companies and foreign companies. In exercise of the powers conferred by sub-section (3) of section (6) read with section 47 of the Foreign Read more…
Latest GST Notifications We will list all the latest GST notification here for more details , please use comments to put up your questions if any. Will try to answer them. Use : ctr + D to Bookmark this page GST Registration Notification Notification No. & Date of Issue Read more…