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The introduction of the Master Circular on Bank Finance to Non-Banking Financial Companies (NBFCs) serves as the foundational framework for understanding the regulatory landscape governing the relationship between NBFCs and the Reserve Bank of India (RBI). Here's an expanded explanation of each component.

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The Goods and Services Tax (GST) system is a crucial part of modern taxation, bringing about a significant change in how goods and services are taxed worldwide. The Goods and Services Tax (GST) was introduced to make the tax system more efficient and promote economic…

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It is crucial for both businesses and individuals to stay compliant with tax regulations in today's complex financial landscape. The TaxPartners Compliance Handbook is designed to be your essential guide, providing a comprehensive roadmap to navigate the complex landscape of GST, Income Tax, and SEBI…

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Recently, there has been a lot of talk about inheritance tax in India. This has led to policymakers, experts, and stakeholders engaging in renewed discussions and debates on the topic. Sam Pitroda, the chairman of Indian Overseas Congress, along with other influential figures, has brought…

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There's been a new notification, Notification No. 2 of 2024, from the Central Board of Direct Taxes (CBDT). It's an important update that deals with the time limit for verifying Income Tax Returns (ITRs) after they've been uploaded. We are here to provide you with…

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The introduction of the Goods and Services Tax (GST) in India is a significant milestone in the country's tax history. The GST was designed to simplify the complicated tax system that existed before it was implemented. It is a major step towards creating a more…

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India's startup ecosystem has become one of the most active in the world in recent years, promoting economic growth, entrepreneurship, and innovation. The procedure of start-up registration, which is essential for prospective business owners hoping to formalise their endeavours and access a multitude of advantages,…

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