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Impact of PMLA Amendments on Virtual Digital Asset Transactions
Notification Coverage The Ministry of Finance has notified an amendment in Prevention of Money-Laundering Act, 2002 (“Act”) by way of Notification No. S.O. 1072(E) dated 07.03.2023 (“Notification”). The Act has been amended to include cryptocurrency or virtual digital assets (“VDA”)…
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Understanding EBITDA – Definition, Formula & Calculation
In the realm of financial analysis, a metric known as EBITDA holds significant weight. EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is an additional measure of profitability that strips out non-cash expenses (depreciation and amortization), taxes,…
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Equity Dilution in India – Definition, Working, Causes, Effects
Equity dilution is a critical concept in the realm of finance, particularly in the context of corporate structures and investments. In the dynamic landscape of India's burgeoning economy where businesses constantly seek avenues for growth and expansion, understanding the intricacies…
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