We are looking for Potential Acquisition opportunity for NBFC – $15M-$30M

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One of our prospective investors is actively seeking an opportunity to acquire a Non-Banking Financial Company (NBFC) operating within the lending sector, with a particular interest in companies specializing in gold lending. The investor is specifically targeting NBFCs with a substantial annual revenue range, preferably between $15m to $30M , and a proven track record …

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IPO Advisory Services in India:

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IntellexCFO with you all the wayHelping you navigate your IPO journey till Listing and Beyond. Initial public offerings (IPOs) can help companies raise the capital they need to unlock their growth ambitions, become market leaders and provide shareholders with greater liquidity alternatives. Going public is the exciting end to what is generally a long process …

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Looking for BSE / NSE Listed Companies.

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Our client is looking to acquire a BSE / NSE Listed Company. Stake for Acquisition: 75 to 95 Percent. Location: Anywhere in India. All regulatory Compliances must be upto date. Acquisition will be in compliance with Stock Exchange and SEBI Takeover Guidelines. For further discussions, WhatsApp to us at Mobile No. 91- 98200 – 88394 …

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Section 56(2)(viic) does not apply to fresh issuances or allotments of shares by a company: Gujarat HC

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PCIT Vs Jigar Jashwantlal Shah (Gujarat High Court) Appeal No. 80 of 2023 Facts: Note: The explanatory note to the Finance Bill of 2010 has clarified that Section 56(2)(viic) should be applied only in cases involving the transfer of shares. Hon Gujarat HC held as below: If they had directly transferred these shares to the …

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PARTNERS WITH 10% STAKE TO COME UNDER BENEFICIAL OWNERS: SEBI TWEAKS RULES.

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Capital markets regulator Sebi on Friday tweaked guidelines pertaining to anti-money laundering standards, whereby partners holding a 10 per cent stake in a firm will come under the definition of beneficial owners.Earlier, the requirement was 15 per cent. The development comes after the government amended the Prevention of Money Laundering (Maintenance of Records) Rules or …

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Applicability of GST on Personal and Corporate Guarantees:

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Personal guarantee (offered by directors) A circular is to be issued to clarify that, when there is no consideration involved for personal guarantee provided by the director to the bank and financial institutions, the open market value of the transaction may be treated as zero and no tax is payable. Corporate guarantee (provided for related …

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Non residents not required to have PAN, can electronically file Form 10F without the need for a PAN number

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The non-resident can click on the ‘Register‘ option on the e-filing portal Under the ‘others’ category, there is an option to choose ‘non-residents not having a PAN and not required to have a PAN‘. Certain basic details will need to be entered, like name, date of incorporation, tax identification number, status, and country of residence. The …

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Manager ( Accounts and Taxation) for a Real Estate Company in Guwahati (Assam)

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Minimum 3-5Yrs of experience as as CA or 10+ Years as a Senior Accountant. Job Description: We are looking for a qualified Chartered Accountant to handle, prepare, compute, manage, research and analyze all accounting data, in order to provide quantitative information on performance, financial position, solvency, liquidity and cash flows of our business. Responsibilities:Manage all …

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