Q1. What are Non-Banking Financial companies (NBFCs) and how it works? A Non-Banking Financial Company (NBFC) is a financial institution that provides banking services such as loans and advances, investments, leasing, hire-purchase, insurance, and other financial products and services without having a banking license. NBFCs can raise funds from various sources such as deposits, bonds, […]
Q. What are the Nidhi Limited Companies and how it works? NIDHI Limited Companies are a type of Non-Banking Financial Company (NBFC) in India, formed for the benefit of its members. The primary objective of Nidhi Companies is to promote the habit of thrift and savings among its members by providing them with financial assistance
Introduction to Transfer Pricing Imagine you’re running a multinational company. You have branches all over the world, from New York to New Delhi, each producing different parts of your final product. The branch in New York makes part A, and the branch in New Delhi makes part B. To make your final product, you need
