NBFC stands for Non-Banking Finance Company. These NBFCs are further divided into several categories. Among these categories is a category ND-NSI. It stands for Non deposit taking, Non-Systematically Important NBFC. These are the NBFCs which have total assets less than Rs.500 crore. These entities have less compliances as well as regulations from RBI. The criteria applicable to these […]
DigiLocker, a digital platform to store important documents online, was launched by the Ministry of Electronics and Information Technology (MeitY) under the Digital India Corporation (DIC) in 2015. The locker is used by people to keep copies of their important documents such as Aadhaar, PAN, etc. The documents stored in DigiLocker is treated as valid
Rajasthan Girdawari copy is a kind of important document which is prepared by the Patwari. It is an important information related to the name of the owner of any land, the name of the cultivator, Khasra number, cultivable and non-cultivable area, source of irrigation, name of the crop, its status, income and its rate, which
The scheme “Dr. Savitaben Ambedkar Inter Caste Marriage Assistance Scheme” is implemented by the Director Scheduled Caste Welfare, Department of Social Justice & Empowerment, Government of Gujarat. The scheme has been implemented as part of social empowerment by addressing inequality through marriages between individuals from Scheduled Castes of Hinduism and those from castes other than
If a girl whose family is financially weak, she can get Rs 40,000 cash in exchange for a scooty from Rajasthan Kali bai Scooty Yojana. Through the Kalibai Scooty Yojana, the state government has decided to distribute 10,000 scooties every year. All girl students will be provided with registration, one year general insurance, five years
As per Section 194I, the word rent can be described as a payment categorised as a lease, sub-lease, tenancy, or any agreement to use – land, building, machinery, plant, equipment, furniture, fittings, or land adjunct to a building. Regardless of whether the payee owns it or not. Also, sub-letting is considered a rent payment. Being
The Chief Minister of Bihar, Shri. Nitish Kumar, in April 2018, introduced the Bihar Mukhyamantri Kanya Utthaan Yojana (MKUY). The Bihar government launched this scheme for the empowerment of girls residing in the state. The Government of Bihar has initiated this scheme to promote women’s social and economic empowerment. The Bihar MKUY was started to
MCA form LLP 8 or statement of account and solvency composes a filing which should be furnished every year by all limited Liability Partnerships (LLPs) enrolled in India. No matter whatever the turnover of the LLP is, Form 8 must be filed with the Ministry of Corporate. Filing LLP Form 8 is an essential requirement
The digital revolution has transformed traditional commerce, paving the way for e-commerce – a realm where businesses transcend physical boundaries. With the rise of e-commerce, suppliers can showcase their products or services on global platforms, reaching a massive audience. However, this digital transformation brings its unique set of challenges, especially in understanding and complying with
Gratuity is a financial component offered by an employer to an employee in recognition of his/her service rendered to an organisation. But the gratuity is paid only to employees who have completed five or more years with the company. What is gratuity? A gratuity is a form of monetary benefit provided by an employer to an
CA Bhuvnesh Kumar Goyal
Chartered Accountants
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