Tag: RBI

WHAT IS FOREIGN INVESTMENT? GUIDELINES PROVIDED UNDER FEMA? WHAT ARE THE PENAL PROVISIONS?

WHAT IS FOREIGN INVESTMENT? GUIDELINES PROVIDED UNDER FEMA? WHAT ARE THE PENAL PROVISIONS?

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INTRODUCTION- Foreign Investment involves an investment from other countries to enhance the economic culture of the country. Economic liberalization started in India in the wake of the 1991 economic crisis and since then FDI has steadily increased in India.[1] It allows the individuals or companies from foreign countries to invest their money in the businesses of private […]

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Government doubles tax-free Gratuity

BLOG- Government doubles tax-free Gratuity to Rs. 20 Lakh

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Parliament passes Payment of Gratuity (Amendment) Bill which will build the roof of tax-exempt tip add up to Rs. 20 lakh from 10 lakh. This will likewise give the legislature a chance to build the tip roof every once in a while without making any corrections in the law. This will likewise enable the administration […]

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