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Archive: 31 May 2019

Posts in 31 May 2019

Should NRIs Invest In PPF, SSY, Mutual Funds SIP & Insurance?

May 31, 2019 5379 Views 1 comment Print

Are you concerned about investment? It’s always good, as you may get your fingers burnt. Simply say, you may suffer financially due to any reason. You, being an NRI, may have more than enough earning. But, the uncertainty can anytime take a toll. To meet those unexpected financial losses, you should always premeditate. This is […]

What Does Fluctuation In Currency Market Mean For Investors?

May 31, 2019 939 Views 0 comment Print

Currency market fluctuations occur due to floating exchange rates, which is quite normal for all the leading economies. There are a number of technical and fundamental factors that cause the rate of exchange of particular currency to fluctuate in comparison to the other. Some of the common factors are relative demand and supply of two […]

Guidance Note on Significant Beneficial Ownership

May 31, 2019 8922 Views 0 comment Print

MCA has replaced Significant Beneficial Rules 2018 and come up with  Companies (Significant Beneficial Ownership) Amendment Rules, 2019 on 08.02.2019 in order to curtail the misuse of various multi layered entities and protect various benami & money laundering Transactions. If the registered shareholder is not the beneficial shareholder of the company then the registered and beneficial shareholder […]

Whether to File Statement of Financial Statements (SFT) before 31/05/2019

May 31, 2019 5664 Views 0 comment Print

Understand the Statement of Financial Transactions (SFT) requirement under Section 285BA of the Income Tax Act. Learn who needs to file and why.

Comparative Compliance Chart & Due Dates as per Companies Act 2013

May 31, 2019 6414 Views 0 comment Print

Article provides Comparative Compliance Chart as per The Companies Act, 2013 and Due Date of MCA Forms for the FY 2018-19. Comparative Compliance Chart as per The Companies Act, 2013 S. No. Compliance Description FY 2017-2018 FY 2018-2019 Penal Provision 01 Filing of Annual Return (Form MGT-7) Yes Yes Penalty of Rs. 100 Rs. Per […]

RBI eases External Commercial Borrowings

May 31, 2019 4143 Views 0 comment Print

India has always encouraged capital inflows as a part of the development policy. Deficient domestic capital and reduction in the current account compelled the government historically to go after foreign capital. Foreign capital is money obtained from foreign countries to make investment domestically. The major category is foreign investment including FDI (Foreign Direct Investment) and […]

India Needs to Fundamentally Alter its Export Strategy

May 31, 2019 1752 Views 1 comment Print

All the Export Promotion Schemes of Foreign Trade Policy are designed with theme of Import led Export Growth. With this falls placed hypothesis more and more Imports are encouraged with liberally imposed export obligation. As a net the benefits are imaginary but puncturing huge hole into the Exchequer and also killing the Domestic Industry.

Draft Patents (Amendment) Rules 2019

May 31, 2019 2772 Views 0 comment Print

DRAFT RULES 1) These rules may be called the Patents (Amendment) Rules, 2019. 2) In rule 21 of the Patents Rules, 2003 (hereinafter referred to as the principal rules), for sub-rule (2) and (3), the following sub-rules shall be substituted, namely:‑

Today We Are, What We Have Thought In Past!

May 31, 2019 1275 Views 1 comment Print

‘We are responsible for our thoughts, actions, behavior and destiny’. We usually come across such lines in this informative world. But how can mere thoughts control so many aspects of our life? The above statement is based on Law of attraction which proves  that our thoughts are made up of energy, they can impact our […]

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