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Archive: 22 May 2021

Posts in 22 May 2021

Compliance Calendar For Non-Deposit Accepting Non-Systematically Important NBFCs 

May 22, 2021 26967 Views 1 comment Print

NBFC Compliance Calendar (For Non-Deposit Accepting Non-Systematically Important NBFC) UPLOADING PORTAL ASSET SIZE RETURN NAME FREQUENCY TIME LIMIT COSMOS Portal Below 100 Crores NBS-9 REV (Annual return on details of Assets and Liabilities) Yearly Within 60 days from the end of the financial year. 100 – 500 Crores and above NBS-8 REV (Annual return on […]

NPS vs PPF – Which Is A Better Option For Investing?

May 22, 2021 1968 Views 0 comment Print

Articled explains about Public Provident Fund (PPF) and National Pension Scheme (NPS) stating Key Features, Who can invest in PPF & NPS, Maturity period, Investment limit, Tax benefits, Premature /Partial withdrawal, Mode of Investment, Returns and Risk. Key Features Public Provident Fund (PPF) National Pension Scheme (NPS) Who can invest? Any Indian resident (except HUF […]

IGCR Rules, 2017| Clarifications | Circular No. 10/2021-Cus Dated 17.05.2021

May 22, 2021 13962 Views 0 comment Print

Till the insertion of major amendments in the Customs (Import of Goods at Concessional Rate of Duty) Rules,2017 [IGCR Rules,2017 in short] by last budgetary changes, the subject rules were simple and plain reading used to make the sense. In Budget 2021 changes, the post import compliances in respect of the importation of many goods […]

Cryptocurrency/Electronic Currency/Digital Coin

May 22, 2021 1341 Views 4 comments Print

-Crypto currency are the digital or alternative currencies that don’t have any physical form. -Cryptography is used for such currency to make secure transactions. In this transactions information converted into such code which is uncrackable. -Usually Crypto currency is not controlled by any country, so the value is determined by the market.

Process for Name change of Company | Companies Act, 2013

May 22, 2021 4884 Views 0 comment Print

How to change Name of the Company ? The Name of a company is its unique identity, and the same is also found in the first clause of the MOA (also known as Name Clause). The management of the company desiring to change the Company Name would need the consent of its shareholders and the […]

Extend Return filing/compliances dates falling in May-2021

May 22, 2021 1149 Views 1 comment Print

Mumbai BJP Professional Cell Date: 21/05/2021 To, Smt Nirmala Sitharaman Ma’am Hon’ble Union Minister for Finance New Delhi Shri Anuragsingh Thakur ji Hon’ble Union Minister of State for Finance New Delhi Sub: Request to extend Return filing/compliances dates falling under various laws in May-2021, and/or for waiver of penalty/interest for late filing /compliances Respected Ma’am, […]

Corporate Social Responsibility (CSR) Rules-Basic Understanding

May 22, 2021 13377 Views 1 comment Print

Nowadays apart from Covid negative news, we also read some positive news about how people helping each other to cope up from this pandemic. From farmers to businessman to companies, everyone helping the society or government through the way convenient to them. Everyday in newspapers or through social media we read about companies coming ahead […]

Updated Central Goods and Services Tax Rules, 2017

May 22, 2021 111601 Views 7 comments Print

This article have updated Central Goods and Services Tax Rules, 2017 / CGST Rules, 2017, which were initially released on 19th June 2017 and amended by various notifications issued from time to time. CGST Rules are updated with notifications issued till 18th May 2021. Central Goods and Services Tax Rules, 2017 Contains the following- Chapter […]

Prevention of Money Laundering Act Amendments

May 22, 2021 20460 Views 0 comment Print

All You Need To Know About The Prevention Of Money Laundering Act 2002 (PMLA) – Latest Amendments & Impact By this article I shall deal with the evolution of the act called “The Prevention Of Money Laundering Act 2002 (PMLA)” which was formulated in the year 2002 under the NDA government and has undergone various critical changes […]

Softex Form- Export of Software

May 22, 2021 21756 Views 3 comments Print

Applicability: Any person who is engaged in the business of export of Software outside India is liable to file Softex Form. Person: It includes corporate or non corporate , whether or not situate in SEZ, STPI etc. Softex Filing : Units working in Domestic Tariff Area (DTA) or units in SEZ, STPI and other scheme […]

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