Last updated on May 15th, 2021 at 10:21 pmIncreased role of CAs under liberalized export processes As part of the Statement on Developmental and Regulatory Policies on 4th December 2020, RBI announced several measures to […]
Last updated on July 19th, 2022 at 08:48 amUnderstanding IPO Basics Initial public offer is issuance of shares to public for the first time by a public limited company (private company is converted into a […]
Last updated on May 8th, 2021 at 11:05 pmTrade Credit from foreign exchange perspective Overview Dun & Bradstreet, the leading business credit bureau describes trade credit as a transaction allowing businesses to receive goods or […]
Last updated on June 2nd, 2021 at 04:08 pmWhat Is Line of Credit(LoC)? A loan with a pre-determined borrowing limit that can be used at any time. You can draw from the credit line as […]
Last updated on May 15th, 2021 at 10:16 pmGuarantees from a foreign exchange perspective Issuing guarantees by banks or other entities resident in India on behalf of and in favour of residents in India and […]
Last updated on June 24th, 2021 at 05:53 pmResidents and Nonresidents from FEMA perspective The word resident has different meanings in different contexts. As per the dictionary, it means a person who lives somewhere permanently […]
Last updated on May 9th, 2021 at 04:19 pmIndia makes history with a record low GDP since Independence. India declared the most awaited GDP data today for the first quarter of FY 2020-2021 i.e. quarter […]
Last updated on April 5th, 2021 at 09:11 pmReconciliation of foreign currency bank accounts Reconciliation of accounts is basic knowledge; every finance professional possesses. Accounts that are denominated in a foreign currency will have an […]
Last updated on October 3rd, 2021 at 06:28 pmLast Opportunity to Invest in Sovereign Gold Bond- Series 6 The sixth and the last tranche of Sovereign Gold Bond Scheme (Series VI) 2020-21 would be open […]
Last updated on April 5th, 2021 at 09:12 pmConvertibility of INR At the beginning of the last century, ‘convertibility’ referred to the right to unrestrictedly convert a currency into gold, which made sense when gold […]
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