Financial News India: Read all the latest finance news on credit card, online payment, bank loan interest rate, scams, GDP growth Inflation, Saving schemes, PPF, NSC, KVP Bank, FD calculators ULIP IIP numbers
Finance : When buying a life insurance policy, choosing one that aligns with your financial goals and provides the best protection for your ...
Finance : Explore UNNATI 2024, India's transformative subsidy scheme boosting North-East industrial growth with comprehensive incentives for...
Finance : Discover essential financial steps and tax tips for NRIs, including converting accounts, trading restrictions, and leveraging DTAA...
Finance : Explore how the Federal Reserves stress tests ensure large banks in the USA are well-capitalized and resilient, even during severe...
Finance : Discover the intricacies of blockchain technology and explore its legal implications, from decentralization to regulatory challeng...
Finance : The Expert Committee has submitted its report on drafting institutional arbitral rules for the International Arbitration Centre at...
Finance : Explore proposed amendments to IFSCA (Registration of Insurance Business) Regulations 2021. Understand changes, implications, and ...
Finance : Discover IFSCA's report on developing pension products at GIFT IFSC, tailored for NRIs and global citizens, with regulatory and ta...
Finance : Two major giants have announced a strategic alliance to jointly explore developmental paths in the financial sector, bringing more...
Finance : Explore transition finance's role in achieving India's net-zero ambitions, covering definitions, policies, and financial instrumen...
Finance : In present facts of the case, the Hon’ble High Court have given observations on the issue of unstamped arbitration agreement. It...
Finance : Reviewing the landmark UK Supreme Court decision in Barclays Bank UK PLC vs Philipp case. Analysing its global implications on ban...
Finance : Delhi High Court held that if the investigation is not completed then merely because the report has been filed, the right of statu...
Finance : Frequent vacancy arising in DRT is an issue which needs consideration by Government and practical solution has to be found at the ...
Finance : Syed Adeel Shah Vs Directorate of Enforcement (Jammu and Kashmir High Court) It appears that in an earlier round of litigation whe...
Finance : Explore the latest IFSCA Banking Regulations Amendment 2024. Learn about new currencies added and the impact on international fina...
Finance : Explore IFSCA latest circular allowing IFSC Banking Units (IBUs) to participate in synthetic securitisation programs. Learn about ...
Finance : Explore IFSCA's latest circular (IFSCA/DMC-MRD/Bullion/Technology/6/2024/01) detailing DMA and SA facilities for Bullion Exchange ...
Finance : IFSCA announces new fee structure for Book-keeping, Accounting, Taxation, and Financial Crime Compliance Services providers under ...
Finance : Explore the latest amendments to the Maharashtra VAT Act 2002, effective June 29, 2024. Detailed analysis of changes in Schedule B...
Cryptocurrency or Crypto has dominated the world and has become a major talking point globally after rising in value by 450% in the last six months. The most popular cryptocurrency, Bitcoin (BTC), has more than doubled since the beginning of 2021 when it reached $20,000 in December 2020 from $7,000 in April 2020. Currently, Bitcoin […]
There comes a day in everyone’s life which gives immense joy and that is a day when you have in your hand first day salary. It is a day which gives you feeling of confidence as you have stood up on your own feet. However, after few months if you have not trained yourself in […]
1. The Small Industries Development Bank of India (SIDBI), has launched two loan products for MSMEs in the healthcare industry to help them with the required financial support in the fight against the COVID-19 pandemic. 2. The schemes are devised under the guidance from Government of India which facilitates funding for production and services related […]
Do you know that this IPL season you can win exciting prizes by just paying your credit card bills? CRED is a digital platform which rewards you for paying your dues with downright unbelievable rewards. As the official sponsor for the Indian Premier League for 2021, the company has decided to bust the gut with […]
Payment of MIS/SCSS/TD accounts Monthly/Quarterly/Annual interest amount and maturity value of MIS/SCSS/TD/RD/KVP/NSC into account holder’s Bank Account by CBS Post Offices – Reg.
Introduction of Basic Savings Accounts under Post Office Savings Account Scheme 2019 to facilitate opening of Zero Balance Accounts by beneficiaries of any Government Welfare Scheme and reduction in account maintenance fee on PO Savings Account- regarding.
All About winding up of 6 Schemes operated by Franklin India Asset Management Company We all know that this Pandemic has hit hard to everyone. But we never knew that such kind of thing would also happen. On 23rd April 2020 the breaking news was ‘Franklin India Shuts it’s 6 Debt Schemes due to heavy […]
Banking Units (BUs) may please refer to the IFSC (Banking) (Amendment) Regulation, 2021 which was notified by the Authority on March 25,2021.The said regulation permits BUs to undertake the following additional activities:
This circular shall be adopted for computation of regulatory capital prescribed for an FC/FU as the case may be, registered under section 3 of IFSCA (Finance Company) Regulations, 2021 and intending to undertake the activities as mentioned in point 5 and point 6 of the Schedule therein, viz.;
ISFCA fee structure for Finance Company/ Units is as follows: a) Application fee: $1000 for new entities (one time) b) Registration fee: $12,500 for new entities (one time) c) Annual fee: $12,500 for all registered Finance Company/Finance Unit (second year onwards)