What is Gross Domestic Product?? Gross domestic product (GDP) is a monetary measure of the market value of all the final goods and services produced in a specific time period, often annually. The Gross Domestic Product measures the value of economic activity within a country.The growth rate of real GDP is often used as an […]
In this dynamic era, the brick and mortar business models are turning digital and Multi-National Companies (MNCs) are effectively operating out of various jurisdictions without having a physical presence. From a taxation perspective, it is way more challenging when the value creation, income generation and the adjoining taxability cut across various countries. The Organization for […]
Form DIR-2 Consent to act as a Company Secretary of the Company (According to 170(2) and 203(1) of the Companies Act, 2013) To (The Company) Address ———— ———————– Subject: Consent to act as Whole Time Company Secretary I, ————————-, hereby give my consent to act as Company Secretary of “The Company”——————–, according to Section 170(2) […]
Simplex Infrastructures Ltd. Vs. Union of India (Madras High Court) Joint DGFT has no powers to review his own orders in view of Section 16 of the FTDR Act. There can be no review of an earlier refund except in accordance with the provision of Section 16 of the FTDR Act, which only permits the […]
Section 13 of the Companies Act, 2013 deal with change of name which says that the name of the company can be changed by a special resolution and with the approval of the Central Government. Approval of Central Government is not required if the change relates to the addition/ deletion of the words ‘private’ to […]
I hereby give my consent to act as the Company Secretary and Compliance Officer on such terms and conditions as may be mutually agreed according to Section 203 of the Companies Act, 2013 and Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014.
I, hereby tender my resignation from the post of Company Secretary of the Company due to pre-occupancy in other assignments. The Board is kindly requested to accept my resignation and take the same on your records.
Simplified GST Series -Section 147 –Deemed Exports/Section 150-Obligation to furnish information return Section 147-The Government may, on the recommendations of the Council, notify certain supplies of goods as deemed exports, where goods supplied do not leave India, and payment for such supplies is received either in Indian rupees or in convertible foreign exchange, if such […]
The Digital Accounting Assurance Board of The Institute of Chartered Accountants of India (ICAI) invites comments on the following exposure drafts of Forensic Accounting and Investigation Standards (FAIS):
The Central Bureau of Investigation has arrested a former Deputy Commissioner of Central Board of Indirect Taxes & Customs; a Customs House Agent and a Businessman (an importer of toys) in an alleged bribery case of Rs. One Lakh.
