International Contracts – A Walk Through Contributed By: Anant Agarwal Email id: anant@simplybiz.in Introduction International contracts are legal agreements made between two or more parties located in different countries. These contracts typically involve the exchange of goods, services, or money across national borders. International contracts can cover a wide range of areas, including trade, finance, […]
Archive for May 30th, 2023
Health Check on Overseas Direct Investments (ODI) Transactions
Health Check on Overseas Direct Investments (ODI) Transactions Contributed By: Sai Sunanda Email id: sunanda@simplybiz.in We had been approached by a client who is a global provider in media technology solutions and innovations, with the goal to create and deliver immersive cloud-based video streaming. The company has been incorporated for more than 5 years and […]
Reserves Bank of India withdraws circulation of Rs. 2000 denomination notes
Reserves Bank of India withdraws circulation of Rs. 2000 denomination notes Contributed By: S. Prabhakar Email id: sprabhakar@simplybiz.in The Central Bank of the country, Reserve Bank of India (RBI), has announced on 19th May, 2023 the withdraw Rs 2,000 currency notes from circulation under its `Clean Neat Policy’. Rs. 2000 notes were introduced in November, […]
First Anniversary of SimplyBiz
First Anniversary of SimplyBiz Home – Resources – News & Events Team SimplyBiz was excited to celebrate the First Anniversary. Being an essential milestone in our journey, the team from various locations attended the event. Day 1: The celebration started on 8th May 2023 with a Havan, a ritual of purification in Hinduism performed at […]
Indian Rupee March Towards Becoming an International Currency
Indian Rupee March Towards Becoming an International Currency Contributed By: S. Prabhakar Email id: sprabhakar@simplybiz.in For a currency of any country to be termed as ‘international currency’ it has to be widely accepted across the world as a medium of exchange for trade. The US dollar, Euro, Japanese Yen, and to some extent Chinese Yuan are treated […]
“Unlocking Success: A Gen Z Guide to Professional and Personal Growth”
“Unlocking Success: A Gen Z Guide to Professional and Personal Growth” Contributed By: Sharanya Ramakrishnan Email id: sharanya@simplybiz.in Introduction In today’s fast-paced world, professional and personal development are crucial for success, especially for the younger generation, including Gen Z. With the ever-evolving job market and changing workplace dynamics, it is essential for individuals to continuously […]
Income Tax Search and Seizure (Search)
Income Tax Search and Seizure (Search) Contributed By: S. Prabhakar Email id: sprabhakar@simplybiz.in It is not uncommon for any professional to face income tax search and seizure (also referred to as “Raid”) few times in their career. The very thought of an Income Tax Search and Seizure gives a chill in the spine and un-nerves […]
Managerial Remuneration
Managerial Remuneration Contributed By: P.Rithika Kumari Email id: rithika@simplybiz.in Introduction Managerial remuneration means the remuneration which is paid by the company to its key managerial personnel’s. KMP’s include Chief executive officer or managing director or the manager, company secretary, such other officer, not more than one level below the directors who is in whole-time employment, […]