The basic difference between the Section 8 Company and a Private Company is that the Section 8 Company is basically a ‘not-for-profit’ organisation primarily whereas a private Company is meant to make profits. Sometimes, there may be possibilities that the management of a Section 8 Company intend to convert itself into any other Company because […]
In April 2015, the Government of India took the initiative to develop an IFSC at Gujarat International Finance Tec-City (GIFT City), a Special Economic Zone (SEZ) to help India realize its potential in the international financial services industry. Ever since 2015, there has been tremendous progress on all fronts in terms of regulations, businesses and […]
1. (1) These regulations may be called the Food Safety and Standards (Food Products Standards and Food Additives) Third Amendment Regulations, 2021. (2) They shall come into force on the date of their publication in the Official Gazette and food business operator shall comply with all the provisions of these regulations with effect from 1st February, 2022.
Once KYC Identifier is generated by CKYCR, PoPs shall ensure that the same is communicated in writing and in confidential manner to the subscribers in accordance with Rule 9 (1B) of the Prevention of Money-Laundering (Maintenance of Records) Rules, 2005 as amended;
The Government has awarded Appreciation Certificates, on the eve of completion of 4 years of GST, to 54,439 (Fifty-four thousand four hundred and thirty-nine) taxpayers who have made substantial contribution in payment of GST and filed their returns in a timely manner.
Treatment of Discounts under GST – A Study Discounts are an integral part of business. Offering trade, cash post-sale discounts are very common in business. Business generally offer trade discounts to increase sales, while cash discounts are given to recover payments quickly and Post-Sale discounts are given if certain targets are achieved or promotional schemes […]
Government has taken a number initiatives for providing financial assistance to the Micro, Small and Medium Enterprises (MSMEs) to cope with the financial impact of the COVID-19 pandemic
To give relief to consumers, the Government has reduced Customs Duty on Mosur Dal from 30% to 10%. (Basic Customs Duty reduced from 10% to ‘Nil’ and Agriculture Infrastructure Development Cess reduced from 20% to 10%). This will bring down the retail price of Mosur Dal. seeks to amend notification No.50/2017-Customs, dated the 30th June, […]
FINAL FINDINGS in Case No: OI 17/2020 | Anti-Dumping Investigation concerning imports of Rubber Chemical PX-13 from China PR, Korea RP and USA.
A Start Up in common parlance means a project undertaken by entrepreneur seeking to develop a scalable business model. The Government of India in order to streamline and promote all such brain child ideas launched an initiative called Start Up India on 16th January 2016. It intended to build a strong network nurturing all the […]
