Start learning 50% faster. Sign in now
Offshore financial centers: Offshore financial centers (OFCs) are jurisdictions that provide tax and regulatory advantages to businesses and individuals. These are centres that are primarily tax havens for wealth management and global tax management rather than providing the fully array of international financial services. Examples include the Cayman Islands, Bermuda, and the British Virgin Islands. These centers offer low taxes, minimal regulation, and strict secrecy laws that make them attractive to those seeking to reduce their tax burden or conceal their financial activities. However, OFCs have faced criticism for facilitating tax evasion and money laundering.
The issue of shares by a company on a discount is prohibited and thus, it shall be ____________
According to the Depositories Act no depository shall act as a depository unless it obtains a certificate of commencement of business from the__________...
If a right or liability is created by a statute, which of the following situation may arise:
Character is relevant in____________________
According to the Information Technology Act a __________________ includes data, message, text, images, sound, voice, codes, computer programmes, softwar...
On the direction of State Government duty may be levied on excisable articles:
Where a trust is incapable of being executed, or where the trust is completely executed without exhausting the trust-property, the trustee
Redemption is a right of?
According to Hohfeld's framework, which of the following statements is correct regarding correlatives and opposites?
The Constitution of India provides that the promotion of International peace and security is considered as a _____________