The Role of Legal Frameworks in E-Waste Recycling and Conservation

E-Waste refers to the unwanted or non-functional electronic products that are ending their usage level, like, computers, TV sets, photocopy machines, printers, etc According to the E-Waste (Management) Rules, 2016, this includes electrical and electronic equipment discarded by consumers, bulk consumers, manufacturing, refurbishment, and repair processes.

A Comprehensive Comparison of AIF, PMS, and MF

The world of investments offers a plethora of options for individuals looking to grow their wealth. Among these options are Alternative Investment Funds (AIFs), Portfolio Management Services (PMS), and Mutual Funds (MFs)

Introduction to RBI Guidelines on Penal Charges in Loan Accounts

The Reserve Bank of India (RBI), the country's central banking institution, has released new guidelines on penal charges in loan accounts. These guidelines aim to enhance transparency and ensure fair lending practices in the banking sector. The regulations surrounding penal charges on loan accounts will come into effect

Strategies & Insights in Alternative Investment Management

As the investment landscape continues to evolve, investors are increasingly seeking opportunities beyond traditional investments like stocks and bonds. Alternative investments have gained popularity due to their potential for higher returns and diversification benefits

RBI’s FLDG Guidelines: A Revolutionary Leap for India’s Fintech Industry

When the First Loss Default Guarantee (FLDG) scheme was initially introduced, it faced several challenges. Fintech companies, mostly unregulated, were offering banks guarantees that could reach up to 100% of the loan pool. For instance, if a fintech company facilitated a bank with a loan pool of Rs 10 crore, it could offer FLDG to cover up to 10% of the credit risk associated with the loan pool, which is Rs 1 crore.

Decoding CDSCO Cosmetic Import License: An Informative Guide by CorpZo

The CDSCO is a central based drugs control authority under the aegis of the Central Government regulated by the Drugs & Cosmetics Act. The said legislation was enacted to govern the import, manufacture, & distribution of medications across India ensuring the drugs are safe to consume, effective & adheres to the quality standards prescribed further the said Act has categorized drugs in schedules of the Act and which further provides basic requirements & guidelines for storage, sale, display, & prescription of each category.

NBFC vs Bank : A Critical Study by CorpZo

The Non-Banking Financial Company (NBFC) is incorporated and regulated under the Companies Act 2013 which provides various facilities similar to the traditional banking system such as granting loans, acquisition of shares & debentures issued by the government, chit funds business. The NBFC does not include Saving Account and Current Account such accounts can be accessed through the traditional banking system as per the RBI guidelines. Further,

Overseas Direct Investment: Unlocking Global Opportunities

Overseas Direct Investment (ODI) is a crucial component of the global economy, enabling Indian entities and resident individuals to expand their business operations and seize international opportunities. In this comprehensive guide, we will delve into the intricacies of ODI, including its legal framework, procedural requirements, and the role of authorized dealers.

irect Overseas Listing: Unlocking Global Opportunities for Indian Companies

Listing a company in an overseas market is a transformative step for Indian businesses with global ambitions. It provides access to larger and more diversified pools of capital, enables benchmarking of valuations, and enhances brand visibility in developed markets. In May 2020, as part of the Aatmanirbhar Bharat Abhiyan, the Government of India announced measures to facilitate direct listing of Indian companies in overseas markets.

Unleashing Global Capital Access: Direct Listing of Indian Companies in GIFT City

The journey towards enabling direct listing of Indian companies in GIFT City has been marked by significant milestones. In May 2020, the government first expressed its intention to permit the direct listing of securities by Indian public companies in foreign jurisdictions. However, it took several years to finalize the necessary laws and frameworks to make this vision a reality.

FSSC 22000 CERTIFICATION

 meets the expectations of food industry stakeholders, and satisfies consumer demands. Endorsed by the Global Food Safety Initiative (GFSI), and backed by the European Food and Drink Association (CIAA) and the American Groceries Manufacturing Association (GMA), the FSSC 22000 certification is distinct from other GFSI programs like IFS,

The concept of indirect tax has been emerging in India with the introduction of GST Act 

Cancellation of the Goods and Services Tax (GST) registration can occur due to specific reasons. This cancellation process can be instigated either by the tax department on its own accord or by the registered individual seeking to terminate their registration. Should the registered individual pass away in cases of sole proprietorship, their legal heirs have the option to apply for cancellation. If the department initiates the cancellation, there exists a provision for the taxpayer to request the reversal of this cancellation.

Tax Benefits for Charitable Trusts and NGOs

 the Registration of Society Act and the Indian Trust Act. The term “Charitable Purpose” is defined in Section 2(15) and encompasses activities such as aiding the poor, promoting education, providing medical relief, conserving historic monuments, and advancing general public welfare. Public charitable trusts fall within the concurrent list of the Indian Constitution. Various religious enactments, such as The Hindu Religious Institutions and Charitable Endowments Act, 1997, and the Muslim Wakf Act 1954,

Decoding the Drive: The Power of WMI Registration in India’s Auto Landscape

Worl Manufacturer Indetifier (WMI) registration, an acronym for World Manufacturer Identification Registration, adheres to internationally recognized standards for identifying quality attributes associated with vehicle manufacturers worldwide.

In India, this type of registration is obligatory for all categories of automobile manufacturers. The primary regulatory authority overseeing this certification is the Bureau of Indian Standards (BIS). Globally, automotive manufacturers universally implement some form of vehicle identification.

As of my last knowledge update in September 2021

I can provide you with an overview of the essentials of auditor appointments in India. However, please note that regulations and guidelines might have evolved since then, so it’s always a good idea to refer to the latest sources for the most up-to-date information. Auditor appointments in India are primarily governed by the Companies Act, 2013, and the rules and regulations issued under it

Environmental Audits: Ensuring a Greener Corporate Future

 the reduction of corporate activity risk as well as environmental risks. By dissecting the area range and appropriate activities it directs its review and discovers the kind of toxins being delivered. This is a complicated procedural step that helps the industry follow the rules that are already in place, evaluate risk, figure out how well management systems work, and figure out the right environmental dangers. It

Decoding Category III AIFs: Structure, Leverage, and Regulatory Implications

Category III AIFs are part of the broader classification of AIFs, which are investment funds catering to wealthy and sophisticated investors. These funds are designed to invest in a wide range of assets and employ diverse or complex trading strategies. Category III AIFs, in particular, utilize leverage and engage in trading activities involving derivatives and other financial instruments.