Foreign Exchange (FX or Forex) is the trading of one currency for another. It can take place on the foreign exchange market and also known as forex market. The Foreign Exchange Transactions refers to purchase of foreign currencies & the sale. It is an agreement of exchange of currencies of one country for another at …
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What is Corporate Finance
Corporate Finance has three main area of concerns : capital budgeting, capital structure, and working capital. Corporate Finance is often concerned with maximizing shareholder value through long- and short-term financial planning and the implementation of various strategies. It activities range from capital investment to tax considerations. It is directly related to company decisions that have …
Key Highlights of Union Budget 2022-23
The Union Budget seeks to complement macro-economic level growth with a focus on micro-economic level all inclusive welfare. The Union Minister for Finance & Corporate Affairs, Smt Nirmala Sitharaman tabled the Union Budget 2022-23 in Parliament today. The key highlights of the budget are as follows: No change in Income Tax Slab during the Financial …
Business Valuation Process
In this post, we’ll go through the business valuation process, the many methods for valuing a startup, and why having competent specialists when appraising a firm is critical. The process of determining a company’s value is known as business valuation. It is an analytical technique for determining the value of a firm, property, or asset …
Branch Office in India
A branch office is a suitable business model for foreign companies looking to establish a temporary presence in India. The branch office serves as an extension of the head office business and carries on the same business as that of its parent company. With India possessing vast natural and human resources and being among the …
How to Get an Import-Export Code
The abbreviation EC stands for Import Export Code. All exporters and importers must use the code, which is a ten-digit alpha numeric number. It’s crucial to keep in mind that the Import Export License is exclusively for products and services. The Director-General of Foreign Trade has the power to issue the code. In addition, all …
Faceless Assessment Scheme 2021
The Faceless Assessment (1st Amendment) Scheme, 2021 was just unveiled by the Central Board of Direct Taxes. The Prime Minister has begun a faceless tax audit to honour honest taxpayers. What exactly is the 2019 faceless assessment scheme? The Faceless Assessment Scheme was introduced by the Central Government to improve the transparency, efficiency, and accountability …
Who is Non-Residents in India
A non-resident is an individual who mainly resides in one region or jurisdiction but has interests in another region. In the region where they do not mainly reside, they will be classified by government authorities as non –resident. Understanding Non-Resident: It is determined by set circumstances, such as the amount of time spent within a …
Personal Finance Tips That Will Help You Manage Your Money Better
Cracking the code to non-public finance might not seem easy initially . But if you’ve got the proper tips guiding you, you’ll find that managing your money becomes such a lot more effortless. Mastering personal finance can assist you answer all those questions you’ll have had over the years, like how you’ll set about saving …
ISO Certification, Importance & Requirements
Introduction ISO stands for International Organization for Standardization. It is an Independent, non-government international organization with a membership of 165 national standards bodies which develop standards to ensure the quality, safety and efficiency of products and services. With ISO Standards, the consumers can have confidence that the products are safe, reliable and of good quality. …