Factoring Regulation (Amendment) Bill, 2021 – Key Highlights
The Parliament, on 26th July 2021, passed the Factoring Regulation (Amendment) Bill, 2021 to better accommodate and help the MSME sector by reducing the operational difficulties faced by them in receiving funds, ensuring liquidity, and maintaining a smooth working capital cycle and cash flow. The Bill amended the existing Factoring Regulation Act, 2011 (2011 Act) and improved […]
Time to Enable Traceability of Crypto-Investments: Technology Services Industry Association
Introduction Cryptocurrency is the most recent attempt to reinvent how we exchange money. Cryptocurrencies such as Bitcoin, Tether, and Ethereum have all seen the rage. Many technologists are intrigued by the potential of its innovative blockchain technology. For numerous entrepreneurs, especially early adopters, cryptocurrencies represent a once-in generation wealth opportunity. However, it also suffers from […]