Everything About Archive
Financial Bill, Finance Bill and Money Bill
India being a federal country, laws can be made separately by Union Government and State Governments covering their domains. The Union Government (Federal Government) makes laws for the entire country and the State Governments for their respective
Insurance Regulatory and Development Authority of India (IRDAI)
Insurance Regulatory and Development Authority of India (IRDAI) was incorporated in April 2000. IRDA was constituted by the Insurance Regulatory and Development Authority Act, 1999. By the Act of Parliament passed by the Government of India, IRDAI
Compliance Audit and Risk Based Supervision
An audit is basically an inspection of the financial accounts, transactions and conduct of an entity or company undertaken by supervisory authorities. Compliance Audit and Risk Based Supervision (Audit) are two prominent forms of audits. In finance
Evolution of Corporate Governance in India
Corporate governance is all about managing a company by balancing the interest of all stake holders and abiding to the laws of the land. For a company, there are many stakeholders. Some of the major stake holders
Total Expense Ratio (TER) and Mutual Fund Investment
All mutual fund investors must be receiving e-mails from mutual fund houses on Total Expense Ratios (TER). The details are being furnished by the fund houses as directed by Securities and Exchange Board of India (SEBI) in
External Commercial Borrowing (ECB)
External Commercial Borrowing, popularly known as 'ECB', are commercial loans raised by eligible resident entities from recognized non-resident entities confirming to conditions specified by Reserve Bank of India (RBI) from time to time. Borrowers preferring to opt
Trade War
Trade war is a situation that arises when a country increases tariff on the imports from another country and the second country retaliates to the action in the same manner. What is meant by trade war? Suppose
Capital Gain and Capital Asset
Capital Gain is profit arising on transfer of capital asset. This gain is charged to tax under the head “Capital Gains”. Capital gain arises when certain assets like land properties, equity shares, units of mutual fund etc
Prompt Corrective Action (PCA) Framework by RBI
Prompt Corrective Action ( PCA) Framework is a set of policy action guidelines issued by Reserve Bank of India. Prompt Corrective Action framework provides guidelines on actions to be initiated when the financial condition of commercial banks
Sovereign Gold Bond Scheme (SGB Scheme)
Sovereign Gold Bond scheme is an investment scheme announced by Government of India. The scheme is open for subscription from Monday to Wednesday of every week from October 09, 2017. The SGBs are issued for a period