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Finance Minister Smt. Nirmala Sitaraman has announced the introduction of Digital Currency into the Indian Economy in Budget 2022. It would be Central Bank Digital Currency (CBDC). RBI will bring this New Format of Currency in the Upcoming Financial Year. CBDC is a big move for the Indian Economy and India will become the first […]
Unlock the secrets of taxability of income on shares. Understand the three-tier tax structure and how it affects your investments.
“From an Economic Perspective, the key issue is not just the number of cases of Covid-19, but the level of disruption to economies from containment measures”. Ben May, head of Global Macro Research at Oxford Economics, said in a report this week, “Widespread lockdowns such as those imposed by China have been enacted in some […]
In the present scenario, it is very difficult to streamline the reasons, why some business grow, while others remain small throughout their life. However, sometimes the attitude of the entrepreneurs towards business and sometimes their strategies to grow in their business seems to be improper, which create failure for them in future. But it is […]
A blockchain is a growing list of records, called blocks , which are linked using cryptography. Each block contains a cryptographics hash of the previous block a timestamp and transaction data. By design a block chain is resistant to modification of the data . It is an open distributed ledger that can record transaction between […]
Ministry of corporate affairs, after the initiative of ease of doing business (EODB), reforms through:- ♣ SPICe ( Simplified Performa for incorporating company electronically) ♣ RUN ( Reserve Unique Name) For starting new business, has now introduced another major reform by way of process reengineering of incorporation of Limited Liability Partnership on a big scale. […]
Government has announced the incorporation of companies with zero fees and with simple procedures. Five procedures for starting a business are now integrated and can be done simultaneously. The ease of doing business policy of the government is in the form of these simple steps to form a company. RUN ( Reserve Unique Name) Reserving […]
1. As per section 42 of companies act 2013, a company may, subject to provisions of this section, make a private placement of securities. 2. A private placement shall be made only to a selected group of persons who have been identified by the board, whose number shall not exceed fifty or such higher amount as may be prescribed.
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