Mapping the Evolution, Trends and Opportunities of Digital Payments in India

As we boldly stride into the Digital Age, India advances towards a cashless future! In a sweeping transformation, India’s digital payment ecosystem has surged forward, propelled by a synergy of government mandates, financial institution’s innovations, and technological expertise. The country’s demonetization drive in 2016, aimed at curbing black money and promoting a cashless economy. This…

Key Accounting Trends for Business Owners in 2024

Managing a business requires meticulous attention to numerical data, requiring constant monitoring to achieve success. As we step into 2024, let’s talk about some important trends in accounting that business owners must pay attention to. Let’s discuss these trends, examine their impact on businesses and outline an actionable plan to maintain a competitive edge. Digital…

The Indian Connection: Liaison Offices and the Complex World of Permanent Establishment

The establishment of Liaison Offices in India, along with nuanced considerations regarding Permanent Establishment, represents a comprehensive exploration of an integral aspect of international business. Liaison Offices in India: Building Bridges Across Borders In the dynamic and diverse landscape of the Indian market, Liaison Offices serve as invaluable instruments for foreign companies seeking to establish…

Navigating the Implementation of Dematerialization for Private Companies

In an effort to enhance transparency, protect investor interests, and strengthen corporate governance, the Ministry of Corporate Affairs (MCA), on October 27, 2023, has introduced the Companies (Prospectus and Allotment of Securities) Second Amendment Rules, 2023 (PAS Amendment Rules). This amendment mandates private companies, excluding small companies, to facilitate the dematerialization of their existing securities…