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Archive: 15 September 2021

Posts in 15 September 2021

Formation of Private Company In UK

September 15, 2021 1386 Views 0 comment Print

A. Private Company Set – Up in UK:- The Company proposed to be incorporated is required to be registered with “Companies House” (here, in India, we call it as “Registrar of Companies” in usual terms.). The Company in legal terms is separate from the people who run it, has separate finances from your personal ones […]

Non-Bank Entity recognised as a custodian by IFSCA permitted to become Clearing Member

September 15, 2021 408 Views 0 comment Print

Any non-bank entity recognised as a custodian of assets/securities by IFSCA through the branch structure, shall be permitted to become a Clearing Member of a Clearing Corporation in GIFT-IFSC. For this purpose, the entity shall comply with the following conditions:

Meeting of BRICS Heads of Tax Authorities and Experts on Tax Matters

September 15, 2021 507 Views 0 comment Print

The Heads of Tax Authorities of the BRICS countries, namely the Federative Republic of Brazil, the Russian Federation, the Republic of India, the People’s Republic of China and the Republic of South Africa held a virtual meeting here today under the Chairship of India.Shri Tarun Bajaj, Secretary, Revenue, Government of India, in his capacity as Head of Tax Authorities in India, presided over this meeting.

GST Evasion: DGGI Gurugram arrests 3 including a CA

September 15, 2021 1005 Views 0 comment Print

DGGI Gurugram Zonal Unit (GZU), Haryana has arrested 3 persons including a CA on charges of creating and operating multiple fictitious firms on forged documents and passing large amounts of fake input tax credit by way of issuance of invoices without any actual receipt or supply of goods or services.

Representation for 18 issues assessee is facing in new Income Tax Portal

September 15, 2021 12549 Views 10 comments Print

DTPA  appraises FM about the problems and issues faced by the assessee and professionals in new Income Tax Portal after three months since its launch. DIRECT TAXES PROFESSIONALS’ ASSOCIATION Income Tax Building, 3, Govt. Place West, Ground Floor, Kolkata 700001 Ph 033-22420638 Ref. No. – DTPA/Rep/21-22/01 Date: 15th September, 2021 To, Mrs. Nirmala Sitharaman, Hon’ble Finance Minister, Government […]

Revamped Gold Monetisation Scheme

September 15, 2021 426 Views 0 comment Print

The Gems & Jewellery sector is one of the important sectors of Indian Economy, with a contribution of around 7% to GDP, 10-12% share in country’s total merchandise export and being one of the leading sectors in terms of employment generation providing employment to approx. 5 million skilled and semi-skilled workforce.

Relaxation in Study Period for students appearing CA Intermediate Exam

September 15, 2021 759 Views 0 comment Print

Competent Authority has decided that the students who have cleared July, 2021 Foundation Examination are required to register in Intermediate Course till November 1, 2021 in order to appear in May, 2022 Intermediate Examination.

Owner of Apartment – Concepts of – “Transmission” X “Transfer”

September 15, 2021 2949 Views 2 comments Print

It is commonly known (or expected to be known/beware) that in respect of the property rights in/to an Apartment, its ‘owner’ has to decide, even while alive, as to whom (one or more persons) he intends those rights should, on his demise, instantly pass on.

Writ petition & Appeal to be filed with HC & SC & circumstances thereof

September 15, 2021 51183 Views 2 comments Print

Writ petition & Appeal to be filed with High Court and Supreme Court and circumstances thereof Article 32 and Article 226 of the Constitution provide two separate but parallel provisions of writ jurisdiction with the Supreme Court and High Courts respectively. Article 32 has been incorporated as a fundamental right and it provides for the […]

Should Small Cap Mutual Funds be a part of your Portfolio

September 15, 2021 867 Views 0 comment Print

Small-cap stocks are the stocks of publicly traded companies that have a market capitalization of less than Rs. 5,000 crore. Such companies are more volatile and vulnerable to losses during downtime in the market, as they are young and seek to expand aggressively. In a small-cap fund, the fund manager invests a minimum of 65 […]

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