Understanding Voluntary Retirement Scheme A Voluntary Retirement Scheme (VRS) is by companies to their employees who wish to…

Meaning of SGX Nifty SGX Nifty is a derivative of Nifty index that is traded on the Singapore…

IPO stands for Initial Public Offering. It happens when a private company offers its shares to the public…

Re-KYC stands for Renewal of Know Your Customer. It is a process where banks or financial institutions update…

SEZ stands for Special Economic Zone. These are areas in India that are treated as separate economic zones…

IRN stands for Invoice Reference Number in the GST system. It is a unique number generated for every…

EVC stands for Electronic Verification Code. It is a one-time password (OTP) used for the GST system to…

DRC stands for Demand and Recovery Case in the Goods and Services Tax (GST) system. It is a…

What is a Holding Company? A holding company is a business corporation or limited liability company (LLC) that…

Understanding Royalty A royalty is a contractual payment made to the individual or company of a particular asset…