Business and Finance

5 mn readIntroduction The development of e-commerce applications in our digital era has altered the purchasing and selling market. Trading various stuff online, whether apparel, furniture, or other items, has never been easier. Your selling journey can be substantially aided by the use of specialist applications. Whether your goal is to declutter, create a small company, or earn additional […]

4 mn readThe crowdfunding industry in the Indian market has experienced significant growth and popularity in recent years. As a diverse and vibrant nation, India provides fertile ground for various crowdfunding campaigns across different sectors. This scenario has been shaped by several factors, including increasing internet penetration, a rise in entrepreneurial activities, and a growing culture of […]

2 mn readThe Special Valuation Branch (SVB) is a unit within the customs department in many countries that is responsible for determining the value of goods imported into the country. The SVB was established to ensure that the correct value is assigned to imported goods for customs duty purposes. In this article, we will provide a comprehensive […]

2 mn readThe ETA (Equipment Type Approval) License issued by the Wireless Planning and Coordination (WPC) department in India is applicable to all wireless devices that operate on radio frequencies. This includes devices such as mobile phones, laptops, Bluetooth devices, wireless microphones, and other similar devices. The ETA License ensures that the wireless device conforms to the […]

3 mn readAn owner may withdraw money from his/her business for personal needs; this is referred to as an owner’s draw. A record should be maintained when the business owner withdraws money from their company’s assets for personal purposes. If the money withdrawn is not properly recorded, it can create confusion in the company’s accounts. To keep […]

3 mn readAn Advance Pricing Agreement (APA) is a bilateral agreement between a taxpayer and the tax authorities that outlines the method for determining the arm’s length price of a particular transaction or set of transactions between related parties. The purpose of an APA is to provide certainty and reduce the risk of transfer pricing disputes between […]

2 mn readA subset of denied party screening, OFAC screening stands for The Office of Foreign Assets Control screening, applies on entities that engage in transactions using US Dollars anywhere inside or outside the country. OFAC compliance also recognizes sanctions and embargoes on countries or political jurisdictions. Therefore, OFAC screening is pivotal to compliance needs for a […]