What is FDI (Foreign Direct Investment)? FDI means foreign direct investment. Foreign direct investment is an investment made by a company or individual in one country into business interests [...]
What is MAT (Minimum Alternate Tax)? MAT Means Minimum alternate tax. It is a tax levied under section 115JB of the income tax act 1961. Government introduces the concept of MAT to target those [...]
A Guide top Post Office Saving Schemes The Post Office Savings scheme refers to a range of saving products portfolio offered by the central government. Since it has the backing of the central [...]
Sections What is Income Tax Act? What is Commission Income? What is Section 194-H in the Indian Income Tax Act? Deductor and [...]
What is an APEDA? Governed and administered by the Ministry of Commerce, Government of India, APEDA i.e. Agricultural and Processed Food Products Export Development Authority is an online portal [...]
Regulatory Requirements of NBFC in India To operate as a NBFC, it needs to obtain “Certificate of Registration” from the RBI and the NBFC registration requirements are listed as below: The [...]
Classification of NBFC NBFC can be categorized as per following category: In terms of Deposit and Non-Deposit accepting NBFC In terms of size of Non-Deposit accepting NBFC, and By the [...]
What is NBFC? In banking terminology, a NBFC i.e. a non-bank financial institution is a financial institution which is not governed or supervised by a national or international banking regulatory [...]
What is Liquor License? A Liquor license is a permit given by the state excise department to those who want to sell alcoholic beverages at a certain place. Each state government has laid down [...]
What is a NGO? As clear by its name, a non-governmental organization i.e. NGO is a type of organization which is not governed or connected with the government of any country. Usually, as a [...]
