RBI
The RBI is the Reserve Bank of India. It is the central bank, set up under the RBI Act, 1934. It issues the rupee and keeps watch on the banks.
Banking & FinanceRegistration Fee
Registration Fee is what you pay to record a property deal. The state sets the rate on the deal value. It is often 1% of it. You also pay stamp duty.
Real Estate & RERARental Yield
Rental yield is the rent you get in a year, as a share of what the property cost. It tells you how hard your money works. A low yield means the price ran up.
Real Estate & RERARERA
RERA is a law that guards the real estate trade. A builder must list a project with the state before it sells a unit. A buyer can claim if the build slips.
Real Estate & RERAReverse Charge
Reverse Charge means the buyer pays the GST, not the seller. It sits in Section 9(3) or 9(4) of the CGST Act. The government notifies the goods and services.
GST & Indirect TaxReverse Charge Mechanism
Reverse Charge Mechanism, or RCM, shifts GST from the seller to the buyer. You pay the tax if you buy such goods. The law names the goods and services.
GST & Indirect TaxROC
ROC is the Registrar of Companies. It works under the MCA. You send it your forms. It keeps the list of all the companies and LLPs you can see.
Corporate LawROC Filing
ROC Filing means the yearly forms a company sends to the ROC. The Companies Act, 2013 rules them. You must send them on time. LLPs and companies do this.
Company LawRTGS
RTGS settles each payment on its own, the moment you send it. It is meant for large sums. Your bank may charge a fee. It does not net off at day end.
Banking & Finance