Listed Companies are the ones whose shares are listed on recognised stock exchange(s). All Listed entities are required to make disclosures to the concerned stock exchange(s) from time to time under various regulations issued by SEBI (Securities and Exchange Board of India). Following are some of the regulations under which disclosures are required to be […]
Finance Minister launches eBक्रय for online auction of assets attached by banks. Steps announced for boosting digital transactions. Bankers assured of protection for prudent commercial decisions taken. Bank outreach to MSMEs and transmission of rate cuts continues.
Article explains about Non- Banking Financial Company (NBFC), Importance of NBFC in Indian Economy, Principal Business activities (Financials Activities) of NBFC’s recognized but not limited, Restricted Activities: Activities that are exclusively restricted to be carried on by the NBFC’s, Difference between NBFC & Bank, Requirement to establish business of Non- Banking Financial Services, Types of […]
Before knowing how to draft a reply to Show cause Notice, we need to understand what is a SHOW CAUSE NOTICE??? Show Cause Notice Certain Compliances are required to be made by Corporates as per Law. Non compliance of which might lead to receiving of Show Cause Notice as in asking why the compliance has […]
In any tax law, tax has to be paid on the value which is subject to tax. In case of GST, valuation principles are relevant. (a) To arrive at the fair value of consideration, to take out the effect of all the factors which could lead to suppression of value. (b) To arrive at the […]
Union Government promulgated Insolvency and Bankruptcy Code (Amendment) Ordinance, 2019 on December 28, 2019. The Ordinance is effective at once. The Ordinance proposes to make amendments in the various provisions Insolvency and Bankruptcy Code, 2016; notably in Sections 5(12), 5(15), 7, 11, 14, 16(1), 21(2), 23(1), 29A, 227, 239, 240 in the Insolvency and Bankruptcy […]
After many delays the utility for GST Audit was released by GSTN. The utility for GSTR-9C was updated as per notification issued on 14th November, 2019. The year 2017 is about to end while awaiting for the audit report form. Now in the year 2020, audit of the year 2017-18 and 2018-19 will be uploaded due to GSTN Portal and Audit forms technical issues.
In the era of Globalization, now the customer market has been shifted from local territory/Country to worldwide market. Where the trader/Service provider has been given equal opportunity to expand its market worldwide. Now, the government is focusing to make India an Export Oriented Country instead of an Import Oriented approach. The Government of India is […]
SEBI’s Turn out on Defaults on Payment of Interest /Repayment of Principal Amount on Loans From Banks / Financial Institutions by Listed Entities Default occur when borrower is unable to make timely payments or avoid to make payments which ultimately lead to failure to meet the legal obligations (or conditions) of a loan. In this […]
Article contains Income Tax rate for domestic companies for Assessment Year 2020-21 , Conditions to opt section 115BAA of Income Tax Act, 1961, Conditions to opt section 115BAB of Income Tax Act, 1961, When 115BAB of Income Tax Act, 1961 shall not be allowed and Other amendments related to Corporate tax Rate for AY 2020-21. […]
