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 ...

What is NBFC in Simple Terms? A Non-Banking Financial Company (NBFC) is akin to a banking company and engaged in the business of providing loans, accepting deposits (only certain NBFCs), leasing, hire ...

It is akin to a company-wide system to ensure checks and balances IFC Audit is mandatory for all the listed companies in India IFC Audit ensures that the overall operations of the company are in line ...

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 ...

Vide, CBIC notification no. 13/2022 – CT, dated July 5th, 2022, the issuance of the order under section 73(9) of the CGST Act, 2019 for the following w.r.t. the F.Y. 2017-18, shall be upto 30th ...

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 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 ...

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 ...

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 ...

Foreign Direct investment is the investment made by a person resident outside India in a business entity in India. Foreign Direct Investments (FDI) are important to channelise growth in various ...

Ministry of Home Affairs (MHA) in wake of COVID 19 has made medical insurance mandatory for the workers of offices, workplaces, factories, and establishments. This decision of the Government has ...

As we progress, new investment avenues are emerging and are becoming popular among investors. New ways of conducting business and raising finances are on the rise and what follows are the taxation ...