"27 July 2022" Archive - Page 3

Scheme Launched by Government for MSMEs

Government has launched a World Bank supported Central Sector Scheme called Raising and Accelerating MSME Performance (RAMP).  The scheme aims at strengthening institutions and governance at the Centre and State, improving Centre-State linkages and partnerships and improving access of MSMEs to market and credit, technology upgradation an...

Posted Under: Corporate Law |

No GST exemption on educational services provided by Tutor Comp Info Tech

In re Tutor Comp Info Tech Private limited (GST AAR Kerala)

In re Tutor Comp Info Tech Private limited (GST AAR Kerala) GST leviable on training/coaching services, as it does not come under the definition of ‘educational institution’ to claim GST exemption The AAR, Kerala in the matter of M/s Tutor Comp Info Tech Private Limited [Advance Ruling No. KER/ 143/2021 dated July 27, 2022] has [&hell...

RoDTEP: Refund Currently Un-refunded

In the current indirect tax regime, GST we already have a system whereby prior stage indirect taxes are taken into account and credit is given for taxes on inputs, and under the IGST Act exports are zero-rated...

Posted Under: Corporate Law |

Top 5 Factors That Make You Eligible For An SME Loan

In today’s age of growing entrepreneurship and the emergence of fresh ever-competitive ideas, do not let a lack of capital prevent you from pursuing your entrepreneurial dreams...

Posted Under: Corporate Law |

IS Implementation of GST is Boon or bane to the economy ?

Introduction On 1st July 2017, launched Goods and Service Tax 2017 only one purpose in the eyes of Government and finance minister make One Nation One Tax. Introduced new Indirect tax in replacement of service tax, excise and VAT etc. main purpose of GST come into force on to stop the cascading effect of tax […]...

Posted Under: Corporate Law |

Lok Sabha passes Central Universities (Amendment), Bill 2022

Bill No. 176 of 2022 27/07/2022

Lok Sabha today passed Central Universities (Amendment), Bill 2022 for conversion of the National Rail and Transportation Institute (NRTI), a Deemed to be University into Gati Shakti Vishwavidyalaya (GSV), a Central University....

MahaRERA: Declaration of Separate Bank Account for real estate projects

Order No. 34 / 2022 27/07/2022

Every promoter at the time of registration of a real estate project in addition to providing the bank details of the separate bank account in the application for registration shall provide a Declaration about the separate bank account for the real estate project on the Letterhead of the promoter in the manner as detailed in Format 'A' ann...

SEBI signs MoU with the Financial Regulatory Commission, Mongolia

Press Release No. 25/2022 27/07/2022

SEBI and FRC, Mongolia have entered into a bilateral MoU for mutual co-operation and technical assistance. The MoU has been signed by Ms. Madhabi Puri Buch, Chairperson, SEBI and Mr. Bayarsaikhan Dembereldash, Chairman, FRC....

Jay Cee Chemists guilty of not passing ITC benefit on Sanitary Napkin’s

Ritika Vohra Vs Jay Cee Chemists Pvt Ltd (NAA)

NAA held that Jay Cee Chemists did not pass on the benefit of exemption of GST on Sanitary Napkin's amounting to Rs. 2048 to Customers....

Rupee Depreciation against US Dollar

Rupee slides to record low against US Dollar! This headline has been the spotlight for all of us for quite a few days now! Indeed, the currency’s fall gets more attention than its rise. What the newspapers don’t say (but which our Hon’ble Finance Minister Smt. Nirmala Sitharaman pointed recently) is that almost all currencies [&hell...

Posted Under: Corporate Law |

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