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Archive: September, 2018

Posts in September, 2018

Two Successful Initiatives of the Central Government

September 16, 2018 477 Views 0 comment Print

There has, in the past, been a general distrust of Government schemes. The principal reason for this is that either the benefits don’t reach the targeted or that the projected parameters are never achieved. However, there are schemes with a difference. The Swachh Bharat Abhiyan is arguably the most successful one. Swachh Bharat Abhiyan When […]

GST: Deductor (Person Liable To Deduct Tax At Source)

September 16, 2018 3471 Views 0 comment Print

1. Department or establishment of the Central govt. or State govt. A department is composed of employed officials, known as civil servants, and is politically accountable through a minister.

ITC: Apportionment & Block Credit | Rule 42 & 43 – Excel utility

September 16, 2018 142980 Views 3 comments Print

The entire scheme of taxation under GST is to reduce the cascading effect. At each stage of taxation, input tax credit is allowable to the registered taxable person. But there are some restrictions on availability and utilization of same for reasons favao.

Policy measures announced to curb India’s CAD and stabilize rupee

September 16, 2018 591 Views 0 comment Print

Last night, Finance ministry announced a slew of measures aimed at containing Indias current account deficit (CAD), in light of surging global oil prices and a deprecating rupee. he measures are primarily aimed at easing conditions related to external commercial borrowings, hedging conditions for infrastructure loans, and loosing restrictions on masala bonds.

Arrival of Lord Ganesha with GST Audit Report!

September 16, 2018 2031 Views 0 comment Print

Arjuna, everywhere the hustle and bustle of Income Tax Audit is being seen. In amidst of it Lord Ganesha has arrived with GST Audit Report. Also, on 13th Sept, 2018 the GST Department has issued some notifications for amending the GST law.

Compulsory Dematerialisation of Securities of unlisted Public Company

September 16, 2018 10968 Views 6 comments Print

Companies (Prospectus and Allotment of Securities) Third Amendment Rules, 2018 viz COMPULSORY DE-MATERIALISATION OF SECURITIES FOR UNOF THE COMPANY

Procedure for Establishment of Special Economic Zone (SEZ) In India

September 16, 2018 19875 Views 2 comments Print

1. Introduction to Special Economic Zone (SEZ) In India A special economic zone (SEZ) is a geographical region that has economic laws that are more liberal than a country’s domestic economic laws. The Special Economic Zone (SEZ) policy in India first came into inception on April 1, 2000 to overcome the shortcomings experienced on account […]

Merchandise Exports from India Scheme (MEIS)

September 16, 2018 21960 Views 3 comments Print

This article contains description of Merchandise Exports from India Scheme (MEIS), one of the export scheme launched by DGFT in its Foreign Trade Policy 2015-20.

What are the major changes in GSTR – 4 form?

September 16, 2018 5286 Views 0 comment Print

As per the GST laws, the tax assessees under the GST composition scheme shall file one only return in every quarter rather than 3 monthly returns, as is the compliance for a normal or regular taxpayer. In this context, the GST authority has recently brought forward certain key amendments in the structure of the form GSTR-4.

Private Placement of Equity Shares – Requirements & Procedure

September 16, 2018 90747 Views 2 comments Print

Unlike Public offer, Private placement means any offer of securities or invitation to subscribe securities to a select group of persons by a company through issue of a private placement offer letter and which satisfies the conditions specified in this section 42 of the Companies Act, 2013.

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