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August 29, 2024 | News
Update in the Capital Gains Tax Regime Proposed in the Union Budget
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Clarification on usage of SNRR Accounts for IFSC units
IFSCA has amended the circular on permissible transactions through Special Non-Resident Rupee (SNRR) accounts to bring much-needed regulatory clarity and flexibility for IFSC units. Previously, IFSC units faced restrictions on using SNRR accounts outside the IFSC for business-related transactions. Now,…
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What is Accounts Receivable? Definition, Example, Uses
Accounts Receivable in India : Meaning and Importance for Indian Businesses What is Accounts Receivable? Definition Accounts receivable refers to the outstanding payments a business is owed by its customers for goods or services delivered on credit. Simply put, when…
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