SC held that object of creating offence and penalty under the Employees’ State Insurance Act, 1948 is clearly to create deterrence against violation of provisions of the act which are beneficial for the employees.
Background: If Promoters are starting a business (Company) or trying to grow an existing business (Company), all certainly will need money. This money can come from various sources. Source of Funding: Roughly speaking, Investments break down into two different forms: Debt and Equity. Debt Funding: Debt means money borrowed from lenders by the company and […]
In India, an average healthy family incurs about Rs. 50, 000 for their medical expenses while the expenditure goes even higher when someone in your family suffers from a critical illness. The increasing cost of health care and medical treatment in the country needs you to plan your healthcare expenses. Although the advancements of technology applications in the healthcare system have led to significantly improved procedures followed at the hospitals, you are recommended to opt for a premium health insurance plan for your family, including your parents, spouse, children, and self.
Maharashtra Government has taken an initiative to make e-filing Return process hassle frees and for ease of doing Business. For that purpose, New templates of annexures and returns in Form 231, Form 232, Form 233, Form 234, Form 235 and CST Form III ( E) has been introduced in place of Old Annexures J1, J2 and respective old return forms. All Dealers are required to file Sales- Purchase Annexures before Submission of Return from 1st April 2016.
Section 70(1) of the Finance Act, 1994 (‘Act’ for short) provides that every person liable to pay service tax shall himself assess the tax due on the services provided by him. Besides, this section requires the assessee to furnish return to the Superintendent of Central Excise in the prescribed form and at such frequency. If the return is not filed within the due date, the return may be filed by paying late fee which may not exceed Rs.20,000/- Section 70(2) of the Act provides that the persons notified by the Central Government under Section 69(2) are also to file returns in such form and in such manner at such frequencies as may be prescribed.
Pride and prejudice are unique to the human beings who claim to have the sixth sense. All other things in the world including the Mother Nature exhibit an unbiased character. Rain pours everywhere to benefit all that live on the Earth. The Water doesn’t taste different to the good and bad people. The Land bears the load of all, without the discrimination among its inhabitants. Air remains the most common source of energy for all. Even the atmosphere transmits the sounds and light without any hesitation. Why do then the human beings display unfair behavior towards others?
(i) Sukanya Samriddhi Account can be opened by:- (a) The natural or legal guardian in the name of a girl child who has not attained the age of ten years on the date of opening of the Account and in the name of girl child who has born on or after 2.12.2003. the Account may be opened till one year from the date of the original Notification of the Sukanya Samriddhi Account rules i.e.upto 2.12.2015.
Central Board of Excise and Customs has issued instructions from time to time regarding adjudication of show cause notices issued on the basis of audit objections of Central Excise Revenue Audit (CERA) and Customs Revenue Audit (CRA), which is receipt audit wing of the Comptroller and Auditor General of India. The pendency position of such notices in the Call-Book has been reviewed and found to be larger than the number of audit objections which have been converted into Audit Paragraphs.
Proposals of the Companies (Amendment) Bill 2016 as introduced in the Lok Sabha on 16th March, 2016 The Companies Act 2013 was enacted to improve corporate governance and to further strengthen regulations for the companies, keeping in view the changing economic environment as well as the growth of our economy. The Ministry of Corporate Affairs […]
With due respect I would like to bring some important issues which need the kind attention of council on the issue that the working of Big 4 in India is not legal, according to the basic principle of law i.e. what cannot be done directly, that cannot be done in directly and same contention was given by the Bar Council of India for these Big 4 operations in India.
