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NBFCs can not undertake credit card business without prior RBI approval

The directions will be effective from July 1, 2022 Non-banking financial companies registered with the RBI will not undertake credit card business without prior approval from the Reserve Bank of…

How to protect your debit, credit card from fraudsters

Many of us use our debit and/or credit cards to make payments, if not directly we add the debit or credit number to make a UPI payment or to make…

Project planning can optimise costs and improve operations

The success or failure of any business is a function of effective execution of ideas The old business adage — money saved is money earned — could not have been…

SEBI issues operational guidelines for “Security and Covenant Monitoring using Distributed Ledger Technology (DLT)”

In order to strengthen the process of security creation and monitoring of security created, asset cover and covenants of the non-convertible securities, SEBI vide circular dated August 13, 2021 had…

RVKS and Associates Newsletter – Volume 1.12

19.4.2022 Newsletter : https://drive.google.com/file/d/1RmwIe7r7UEJs9JIYjBbZ4cPt4azuxpb0/view?usp=sharing

How to link PAN with EPF account to avoid excess TDS

SynopsisTo avoid having too much tax withheld at source, employees should link their Permanent Account Number (PAN) to their EPF (TDS). Section 206AA of the IT Act mandates that every…

Post office savings account : How to activate Internet Banking and mobile banking

Post office savings bank (POSB) account holders can use internet banking services provided by India Post, which is part of the Department of Posts (DOP). The Post Office Internet Banking…

Packaged food likely to see FSSAI health star ratings after one year

This move by FSSAI will impact food companies, including Hindustan Unilever, ITC, Britannia, Nestle India, and Amul The implementation of the Food Safety and Standards Authority of India’s (FSSAI’s) health…

PPF scheme : Here are 10 things you should know

The PPF is one of the most popular small savings scheme, but many investors are not aware of its features. Mukesh Kalra lists out 10 things that you should know…

GST Council may do away with 5% rate; move items to 3% and 8% slabs : Report

Although various options are under consideration, the Council is likely to settle for an 8% GST for most items that currently attract 5% levy, say sources With most states on…