The past six months witnessed a significant surge in financial markets, propelled by heightened investor enthusiasm. However, this rapid ascent has led to inflated valuations, particularly in mid and small-cap…
Micro, Small, and Medium Enterprises (MSMEs) play a pivotal role in India's economic growth, requiring funding for establishment and expansion. The Government of India has launched various schemes to provide…
During Diwali or other occasions, individuals may receive cash gifts, prompting questions about tax implications. According to Section 56(2)(x) of the Income Tax Act, 1961, if the aggregate cash received…
Following the Reserve Bank of India's (RBI) decision to increase the risk weight on unsecured lending, including credit card receivables by banks and non-banking finance companies (NBFCs), borrowers are likely…