INTRODUCTION Under the previous indirect tax regime, the Indian hospitality industry was liable to pay multiple indirect taxes such as VAT, Luxury tax and service tax. But with the commencement of GST regime, the Indian hospitality industry is expected to garner the benefits of standardized and uniform tax rates throughout the country. The industry can […]
Office Order No. 306 of 2021 – Promotion of officers on regular basis in the grade of Joint Commissioner of Income Tax (JCIT) F. No.A-32012/1/2021-Ad.VI Government of India Ministry of Finance Department of Revenue (Central Board of Direct Taxes) North Block, New Delhi. The 08th November, 2021. OFFICE ORDER NO. 306 OF 2021 The president […]
Office Order No. 304 of 2021 – Promotion of officers to the grade of Commissioner of Income Tax (CIT) on in-situ basis F. No. A-32011/2/2021-Ad.VI Government of India Ministry of Finance Department of Revenue (Central Board of Direct Taxes) North Block, New Delhi, The 08th November. 2021. Office Order No. 304 of 2021 Consequent upon […]
Gig-workers though a fancy term, carries an inverse life. Gig-worker means any person performing an income-earning activity outside the employee-employer relationship. For example, the guy wearing the swiggy t-shirt, isn’t technically a swiggy employee, the same goes for Uber Drivers.
Introduction Since September 7, 2021, there has been drastic amendments in SEBI (LODR) with the Fifth Amendment Regulations, 2021 taking it’s course and the main focus can be drawn to Regulation 15(1A) of SEBI (LODR) which reads as follows:- [The provisions of this regulation and regulation 16 to regulation 27 of this chapter shall apply […]
♦ Real Estate (Development and Regulation) Act 2016, Rules and Regulations were enacted to resolve the disputes between the Builders & homebuyers. ♦ A Conciliation forum is to facilitate settlement of any disputes between the parties and acts as a mediator between the aggrieved parties. ♦ Aggrieved parties such as home buyers, developers, or real […]
To address the financing related issues faced by MSMEs in India, RBI in 2014 introduced the concept of TReDS, a mechanism of trade receivables financing for MSMEs on a secure digital platform.
Related Party Transaction As per companies act, 2013 Related Party Definition – Section 2(76) of Companies Act, 2013 ‘related party’, with reference to a company, means— (i) a director or his relative; (ii) a key managerial personnel or his relative; (iii) a firm, in which a director, manager or his relative is a partner; (iv) a private company in which a director or manager or his relative is a member or director; (v) a […]
Doorstep Delivery of Certified Copies from Delhi District Courts: Whether an experience of reality or aberration? The adjournments, for whatever reason(s), have been an Achilles’ heel for the litigant, if not alone for the justice system. The sense of seriousness towards the menace adjournments create, although subtly and in a tolerant manner in the system, […]
Many countries use titles for addressing the honourable judges in accordance with their customs and traditions. However, the use of the titles viz. ‘Your lordship/ladyship’ and ‘Milord/My Lord’ to address the honourable Judges in India, prevent us to give our court system an identity of its own and a sense of belongingness ‘WE, THE PEOPLE OF INDIA’ desire.
