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Resident Individuals to open Foreign Currency bank Accounts (FCA) with IBUs in IFSCs
Resident Individuals to open Foreign Currency bank Accounts (FCA) with IBUs in IFSCs

IFSCA vide circular dated 11 July 2024, allowed Resident Individuals to open Foreign Currency bank Accounts (FCA) with IBUs in IFSCs for all permitted capital and current account transactions. Further to the same, owing to operational challenges IBUs were unable…

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10 Accounting Tips for Startups
10 Accounting Tips for Startups

No creative thinking and innovative ideas can sustain a startup business when the finances run out, therefore accurate bookkeeping and accounting are crucial for every startup business to survive and grow. Here are ten bookkeeping and startup accounting tips  to…

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Why Do Related Party Transactions Matter in Financial Due Diligence?
Why Do Related Party Transactions Matter in Financial Due Diligence?

Investors closely examine Related Party Transactions (RPTs) during due diligence because they can impact financial transparency and business integrity. While RPTs are common, lack of clarity can raise red flags. Here’s why they matter: Risk of Fund Misuse: Are company…

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