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Regulatory Update from IFSCA (International Financial Services Centres Authority)
IFSCA has released a Circular prescribing the fees for the newly introduced Book-keeping, Accounting, Taxation, and Financial Crime Compliance Services (BATF) Regulations. 𝐅𝐞𝐞 𝐒𝐭𝐫𝐮𝐜𝐭𝐮𝐫𝐞:– 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧 𝐅𝐞𝐞𝐬: $1,000 per activity– 𝐑𝐞𝐠𝐢𝐬𝐭𝐫𝐚𝐭𝐢𝐨𝐧 𝐅𝐞𝐞𝐬: $5,000 𝐀𝐧𝐧𝐮𝐚𝐥 𝐅𝐞𝐞𝐬 𝐟𝐨𝐫 𝐒𝐞𝐫𝐯𝐢𝐜𝐞 𝐏𝐫𝐨𝐯𝐢𝐝𝐞𝐫𝐬:– Less than 500…
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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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Conversion of Loan into Equity : Under the Companies Act, 2013 – Complete Guide
Conversion of loan into equity under the Companies Act, 2013 is a structured mechanism that allows a company to extinguish a debt obligation by issuing equity shares to the lender in lieu of repayment. This debt-to-equity swap is governed by…
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