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Modi Government amends rules governing Nidhi companies; declaration now mandatory for companies before starting to accept deposits

Modi Government amends rules governing Nidhi companies; declaration now mandatory for companies before starting to accept deposits

Wed, Apr 20, 2022

A public company incorporated as a Nidhi with a share capital of Rs 10 lakh should first get itself declared as a Nidhi by applying in form NDH-4 with a minimum membership of 200 and a Net Owned Fund (NOF) of Rs 20 lakh within 120 days of its incorporation.

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RBI: New ARCs must have minimum net owned fund of Rs 100 crore

RBI: New ARCs must have minimum net owned fund of Rs 100 crore

Wed, Oct 11, 2017

ARCs are companies registered under Section 3 of the Securitization and reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act, 2002.

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Power of Compounding: How soon will monthly SIP of Rs 11,000 reach Rs 8 crore corpus target?

Power of Compounding: How soon will monthly SIP of Rs 11,000 reach Rs 8 crore corpus target?

Power of Compounding: How long it will take to build Rs 5 crore corpus with Rs 5,000, Rs 10,000 and Rs 15,000 monthly investments?

Power of Compounding: How long it will take to build Rs 5 crore corpus with Rs 5,000, Rs 10,000 and Rs 15,000 monthly investments?

PPF Calculations: How to get Rs 72,000 a month tax-free income from Public Provident Fund?

PPF Calculations: How to get Rs 72,000 a month tax-free income from Public Provident Fund?

SCSS vs FD: Which guaranteed return scheme will give you more quarterly income on Rs 20,00,000 investment?

SCSS vs FD: Which guaranteed return scheme will give you more quarterly income on Rs 20,00,000 investment?

Rs 3,500 Monthly SIP for 35 years vs Rs 35,000 Monthly SIP for 16 Years: Which can give you higher corpus in long term? See calculations

Rs 3,500 Monthly SIP for 35 years vs Rs 35,000 Monthly SIP for 16 Years: Which can give you higher corpus in long term? See calculations

Looking for short term investment ideas? Analysts suggest buying these 2 stocks for potential gain; check targets

Looking for short term investment ideas? Analysts suggest buying these 2 stocks for potential gain; check targets

SBI 444-day FD vs PNB 400-day FD: Here's what general and senior citizens will get in maturity on Rs 3.5 lakh and 7 lakh investments in special FDs?

SBI 444-day FD vs PNB 400-day FD: Here's what general and senior citizens will get in maturity on Rs 3.5 lakh and 7 lakh investments in special FDs?

Small SIP, Big Impact: Rs 1,111 monthly SIP for 40 years, Rs 11,111 for 20 years or Rs 22,222 for 10 years, which do you think works best?

Small SIP, Big Impact: Rs 1,111 monthly SIP for 40 years, Rs 11,111 for 20 years or Rs 22,222 for 10 years, which do you think works best?

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