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  In the current context, the world is heavily focused on social and environmental actions. Businesses themselves, in addition to their common goal of making a profit, participate in activities that promote social, economic, cultural, and environmental growth. The world today is so well connected and well connected that access…

The launch of the Legal Entity Identifier (LEI) was intended to improve the quality and accuracy of financial data systems to better manage risk following the evolution of the Global Financial Crisis. This allows the party's financial transactions throughout the world to be tracked. The Reserve Bank of India ordered…

The Foreign Exchange Management Act, of 1999, was approved by the Indian Parliament. Its mission is to consolidate and revise foreign currency legislation to facilitate external commerce and payments, as well as to encourage the orderly growth and maintenance of India's foreign exchange market. Section 15 of the Foreign Exchange…

Importing is the process of bringing commodities into a certain country. Importation can take place by land, air, or water. The Government of India, Customs Officers, and Border Forces impose many limitations on importing products into the nation. Goods brought into the nation would be permitted as long as they…

Form 26AS is a tax credit statement that summarizes all tax deducted, tax received, advance taxes, and self-assessment taxes paid in a single report. This statement displays the tax deposited with the government by you or on your behalf. If you have paid your income tax but the details are…

Investing in a foreign company by an Indian is governed by the Foreign Exchange and Management Act, 1999, as well as the various laws and regulations issued there. Because of the complex and regulatory environment, it has become important for investors to take the right direction related to their investment…

Every Indian citizen receives an Aadhaar card, which is a centralized and universal identifying number. The Aadhar Card is a biometric record that maintains an individual's information in a government database and is increasingly replacing paper as the government's primary source of data for public welfare and citizen services. Furthermore,…

The acronym DGFT stands for the Directorate General of Foreign Trade. The DGFT is in charge of the laws and regulations that apply to both importers and exporters of commodities in the nation. The easiest method to learn about DGFT is to enroll in import-export training courses, while there are…

After finishing a monetary accounting course, many students dread another semester of debit entries, credits, and reflective diaries. Fortunately, management accounting is not the same as monetary accounting. Managerial accounting, also known as cost accounting or management accounting, gives information to managers and other customers inside a company to help…

  Under the Companies Act 2013, a Company can exercise its power through a Board of Directors or shareholders. The relationship between the shareholders and the board of directors works as an alliance because the board of directors has some powers that are exercised exclusively by them and also has…