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Archive: 27 October 2018

Posts in 27 October 2018

Electoral Bond Scheme 2018 

October 27, 2018 852 Views 0 comment Print

Electoral Bond Scheme 2018  Sale of Electoral Bonds at Authorised Branches of State Bank of India (SBI)  Government of India has notified the Electoral Bond Scheme 2018 vide Gazette Notification No. 20 dated 02nd January 2018. As per provisions of the Scheme, Electoral Bonds may be purchased by a person (as defined in item No.2(d) of […]

HC releases goods seized for writing wrong Tax Invoice No. on E-way Bill

October 27, 2018 1959 Views 0 comment Print

Incorrectly mentioning the number of tax invoices as tax invoice number on E-way Bill- Prima facie, there seems no discrepancy in E-way Bill attracting seizure of goods. Goods directed to be released without insisting for a deposit of any amount and furnishing security as GST already paid on goods. 

Collection Of Taxes And Non payment Of The Same

October 27, 2018 4206 Views 0 comment Print

Ultimate consumer buying supplies from an un-registered supplier / supplier registered as composite supplier. (1) A is travelling on a highway between Agra and Jaipur. Halfway he stops at a Dhabha or a shop owned by B and buys water bottle, biscuits and some other similar products. B is not a registered supplier. Both of […]

Nidhi Company Registration

October 27, 2018 3981 Views 0 comment Print

Nidhi means a company which has been incorporated as a Nidhi with the object of cultivating the habit of thrift and savings amongst its members, receiving deposits from, and lending to, its members only, for their mutual benefit.

Reduction of Share Capital

October 27, 2018 185883 Views 5 comments Print

The Reduction of Share Capital means reduction of issued, subscribed and paid up share capital of the company. Previously, reduction of share capital was governed by section 100 to 104 of the Companies Act, 1956, now it is governed by section 66 of the Companies Act, 2013. As per old act, it was subjected to […]

Oil is down but pain might not be over yet

October 27, 2018 1569 Views 0 comment Print

Over a span of two weeks, crude oil price has corrected by more than 12%, from USD 86 a barrel to a two-month low level of USD 75.6 a barrel (Brent). As a result, the Indian rupee has strengthened to a three-week high of 73.15 against the dollar and the yield on 10-year government bond has fallen to a nearly two-month low level of 7.87%.

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