FCRA (Foreign Contribution Regulation Act) was originally enacted in the year 1976 and that revised in 2010. It establishes registration prerequisites and expenditure limitations for Indian non-profit organizations receiving foreign contributions.
A Memorandum of Understanding (MOU) is a formal, non-binding agreement between two or more parties outlining their mutual understanding, intentions, and responsibilities regarding a proposed partnership, collaboration, or transaction.
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As per the Companies act 2013, under Section 66, the provisions of reduction of capital are stated according to which a company may reduce its capital as per the provisions stated in it.
The buyback of securities, also known as a share repurchase, is a corporate financial strategy where a company repurchases its own shares from existing shareholders. This reduces the total number of outstanding shares in the market, often leading to an in
Environmental, Social and Governance (ESG) and sustainability are two interconnected concepts that have gained significant prominence in recent years. They represent frameworks and practices aimed at ensuring responsible business operations, fostering eth
A General meeting is a formal gathering of a company's shareholders or members to discuss and make decisions on important matters related to the organization.
Understanding the types of tax relief available under DTAA, such as exemption methods and tax credits, is essential for optimizing tax planning. Proper documentation, including a Tax Residency Certificate (TRC) and filing the appropriate forms, ensures se
For businesses, knowing which items are GST-exempt helps in better financial planning, compliance, and pricing strategies. Meanwhile, consumers benefit from reduced costs on daily essentials, ensuring affordability in crucial areas. However, it’s import
Gold jewellery has long been a symbol of wealth and tradition, and it continues to be one of the most prized possessions in many households.
The Insurance Regulatory and Development Authority of India (IRDAI) plays a pivotal role in regulating and promoting the insurance and reinsurance sector in India.
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