RBI
Reserve Bank of India — the central bank of India, established under the RBI Act, 1934, responsible for regulating the issue and supply of the Indian…
Banking & FinanceRegistration Fee
A fee paid to the state government for registering a property transaction, typically 1% of the property value, in addition to stamp duty.
Real Estate & RERARental Yield
The annual rental income from a property as a percentage of its market value or acquisition cost, used to evaluate property investment returns.
Real Estate & RERARERA
Real Estate (Regulation and Development) Act, 2016 — a central law that regulates the real-estate sector and protects home-buyers' interests.
Real Estate & RERAReverse Charge
GST payable by the recipient of goods or services instead of the supplier, as notified under Section 9(3) or 9(4) of the CGST Act.
GST & Indirect TaxReverse Charge Mechanism
RCM shifts GST payment liability from seller to buyer for specified goods and services.
GST & Indirect TaxROC
Registrar of Companies — the authority under the Ministry of Corporate Affairs responsible for regulating companies and LLPs in India.
Corporate LawROC Filing
Annual compliance filings by companies and LLPs with the Registrar of Companies under the Companies Act.
Company LawRTGS
Real Time Gross Settlement — a payment system that settles fund transfers in real time, on a transaction-by-transaction basis, without netting.
Banking & Finance