NPS Vatsalya Scheme: Know eligibility, investment choices etc.

On Tuesday, Union Finance Minister Nirmala Sitharaman officially launched the much anticipated NPS Vatsalya scheme, an online new pension scheme platform. The scheme is designed to help parents save for their children’s future through a pension account, leveraging the benefits of long-term wealth accumulation and compounding. This scheme has an option to convert the account…

Foreign Contribution (Regulation) Act 2010 and Amendment Act 2020 of FCRA

CRA 2010 is an Act to consolidate the law to regulate the acceptance and utilisation of foreign contributions or foreign hospitality by certain individuals or associations or companies and prohibit acceptance and utilisation of foreign contributions or foreign hospitality for any activities determinantal to the national interest and matters connected therewith or incidental thereto. This…

Documentation for Derivatives explained

Derivatives are financial instruments whose value is derived from the underlying assets, such as commodities, stocks, bonds, currencies, or interest rates. Common types of derivatives include futures, options, swaps, and forwards. Futures contracts are available on Equities, Indices, Currency and Commodities. Derivatives can be traded over-the-counter (OTC) or through a regulated exchange. Derivative contracts generally…