You ordered some items on the internet with the best price, specifications, and delivery schedule but were disappointed to get the worst results. To pierce the pain further, you are trying to get a refund but failed to get any response. You rank among millions of E-commerce buyers who got cheated, misled, or supplied imitative […]
It could be observed from all the actions taken by the Government that it is ensuring that while the country is struggling with the pandemic, the businesses go on smoothly. Previously, the regulator, SEBI had allowed postponement in the time-limit for the submissions required to be done by all the REITs and Invits. However, announcing by way of circular on […]
REGULATORY FRAMEWORK : The Food Safety and Standards Authority of India is a statutory body under Food Safety and Standards Act, 2006. The Food Safety and Standards Act (FSS), 2006 is the primary law for regulation of food products. The Food authority regulates and checks for safe food manufacture, storage and handling practices of Food Business Operators […]
UDYAM REGISTRATION Union Ministry of Micro, Small and Medium Enterprises (MSME), vide its Notification Dated 26.06.2020: A. Notifies the new definition of MSME, B. Specifies the new form and procedure for registration under MSME, known as – “Udyam Registration”, and C. Mandated the re-registration of existing MSMEs on the new Udyam Registration portal. In that […]
Simplified GST series- Section 50/CGST Act 2017 Section 50- Interest on delayed payment of tax (GST) (1) Every person who is liable to pay tax in accordance with the provisions of this Act or the rules made there under, but fails to pay the tax or any part thereof to the Government within the period […]
Impact and Analysis of the SEBI (Investment Advisers) (Amendment) Regulations, 2020 Earlier this year SEBI has issued the Consultation Paper on 16th January, 2020 seeking public comments on the proposed changes. Post this, in February, 2020 SEBI in its Board Meeting approved certain changes to it. Now on 3rd July, 2020 SEBI has notified amendments to […]
The Enterprises which are engaged in the manufacture or production, processing or preservation of goods or the enterprises which are engaged in providing or rendering of services, up to a specified limit, are known as Micro or Small or Medium Enterprises, as per their respective limits as given below: Interpretation It mean only those enterprises […]
A. Implementation of Indian Accounting Standards (IND AS): 1. For Companies other than banks, NBFCs and Insurance Companies: a) All companies which are listed/or in process of listing inside or outside India on Stock Exchanges (other than companies listed on SME Exchanges) b) Unlisted companies having net worth* of ₹ 250 crore or more c) […]
EMI on Home loan has two components. One component is repayment towards principal amount of loan and the other is interest portion. The article will describe regarding the tax benefit an assessee can avail on making payment of EMI. Loan can be taken for construction or purchase or repair or renewal or reconstruction of residential […]
Definition Waterfall structure is basically the process or sequence in which a money is distributed in a fund. The waterfall implies that until and unless the first tier is full with the water i.e money will not fall into the next tier. The fund has basically two types of partners: General Partners: Also known as […]
