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Insurance is the most effective risk management tool that can protect individuals and businesses from financial risks arising from various unforeseen events. Emotional and psychological loss can never be replaced, but at least financial loss can be replaced with insurance. Although there are uncertainties in life that you cannot mitigate,…
When comparing corporate and startup jobs, it is observed that both have their unique advantages and disadvantages. Startups are popular among freshers and even seasoned candidates for providing new experiences and opportunities. However, many people prefer to work in well-known companies and go for stable jobs. But these days, most…
Health insurance is a contract between a policyholder and an insurance provider where the insured agrees to pay premiums on time and in return the insurer agrees to offer health coverage. This indicates that you need to pay the premium on time to keep the policy active. But with your…
When a company receives FDI through equity investment, the company allots shares to the foreign investor and there is a basic reporting requirement with the RBI in the FC-GPR form. This form is issued by the Reserve Bank under the Foreign Exchange Management Act 1999. In this article, let us…
The Foreign Exchange Management (Overseas Investment) Regulations, 2022 were notified by The Reserve Bank of India on 2 August 2022. Under the new regulations, share capital purchased from a foreign entity will be treated as ODI and the payment of this consideration will be deferred for a specified period as…
Since transactions are verified and added to the blockchain, a digital ledger, through the process of bitcoin mining, it is crucial to understand this component of the technology that underpins cryptocurrencies. The owners and operators of the computers that make up the decentralized Bitcoin network referred to as miners are…
Since Satoshi Nakamoto first unveiled Bitcoin, this digital money has had a significant impact on culture. Some people claim that Bitcoin is a substantial investment. Some people consider cryptocurrencies to be a fad. However, a portion of society views it as dormant digital money. What is known as cryptocurrencies, or,…
A Director Identification Number (DIN) is a unique identification number assigned to a person who wishes to become or is already a corporation director. In this digital age, completing eForm DIR-3 was sufficient to receive DIN. This was a one-time process for anyone interested in becoming a director in one…
In India, does crypto currency have to be taxed? Do you want to know how the Indian Income Tax Department (ITD) feels about Bitcoin and other cryptocurrencies? Currently, there is no regulation of cryptocurrencies or non-fungible tokens (NFTs) in India. In this article, we will talk about the New Cryptocurrency…
Reserve Bank of India (RBI) has announced guidelines for digital loans. The central bank has given regulated entities (REs) until November 30 to put in place adequate systems and processes to ensure that "existing digital loans" comply with the new lending guidelines. The new guidelines apply to both "existing customers”…
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