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Filing and Exceptions for NBFC Housing Finance Company
08 May, 21

Filing and Exceptions for NBFC Housing Finance Companies

Filing and Exceptions for NBFC Housing Finance Companies NBFC Housing Finance Companies (HFCs) have been in existence for a while now. They are formed through Company registration with the Registrar of Companies (RoC) followed by licensing procedure from RBI. The revamped Companies Act of 2013 brought many new provisions to the fore and got rid […]
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Understanding Credit information Companies and the Related Modified Norms from RBI
06 May, 21

Understanding Credit information Companies and the Related Modified Norms from RBI

Understanding Credit information Companies and the Related Modified Norms from RBI Credit Information Companies (CICs) are independent third-party financial entities that are formed and registered under the Companies Act and are regulated by RBI through NBFC registration and licensing procedure. This entity collects financial information related to loans, credit cards, and other such products and […]
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Tackling the Menace of Delayed Payments to MSMEs by Companies
12 Apr, 21

Tackling the Menace of Delayed Payments to MSMEs by Companies

Tackling the Menace of Delayed Payments to MSMEs by Companies The MSMED (Micro, Small, and Medium Enterprises Development) Act, 2006 (hereinafter mentioned as MSMED Act) was enacted on 16th June 2006, by the notification in official Gazette by the Govt. of India. The MSMED Act reinforced the provisions related to delayed payments to MSME by […]
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Implications of New Code on Social Security 2020 for Employers
10 Apr, 21

Implications of New Code on Social Security 2020 for Employers

Implications of New Code on Social Security 2020 for Employers The Indian Parliament recently passed several Labor Codes which amalgamated the existing central labor laws. The following Codes received the President’s assent on September 28, 2020: Code for Social Security, 2020 Occupational Safety, Health, and Working Conditions Code, 2020 Industrial Relations Code, 2020 These codes […]
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A Cabinet-Sponsored Gift for the Renewable Sector
08 Apr, 21

A Cabinet – Sponsored Gift for the Renewable Sector

A Cabinet – Sponsored Gift for the Renewable Sector The Union Cabinet approved the PLI (Production-Linked Incentive) programme for air conditioners (ACs) and high-efficiency solar PV modules on Wednesday, according to Commerce Minister Piyush Goyal, who spoke to the media on cabinet decisions. “The government, led by Prime Minister @NarendraModi Ji, has approved the PLI […]
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