Liberalized Remittance Scheme (LRS)
Many people reside in foreign countries for purposes like education, jobs, etc., and often need funding from friends and family who are living in India. Earlier in 2004, transferring funds from India to another country came with grievous limitations under the Foreign Exchange Management Act, 1999 (FEMA). Consequent to which, Reserve Bank of India (RBI) […]
Concept of Due Diligence
Introduction Due Diligenceis an important process conducted by individuals, companies, or organizations to investigate and assess the financial, legal, operational, and strategic aspects of a business, before engaging into a transaction or entering into a partnership. It is a comprehensive examination aimed at gathering relevant information and evaluating the risks and opportunities associated with a […]
Gaming and their Different Accounts
Electronic game playing is referred to as Gaming, whether played on a console, computer, smartphone, or any other device. The word “Gaming” implies frequent gameplay, possibly as a hobby. Although traditionally a solitary form of relaxation, online multiplayer video games have made Gaming a popular group activity which include but not limited to e-sports, electronic […]
