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Archive: 20 January 2023

Posts in 20 January 2023

Companies (Prospectus and Allotment of Securities) Amendment Rules, 2023

January 20, 2023 2955 Views 0 comment Print

GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, dated the 20th January, 2023. G.S.R. 37(E). – In exercise of the powers conferred under section 26, sub-section (1) of section 27, section 28, section 29, sub-section (2) of section 31, sub-sections (3) and (4) of section 39, sub-section (6) of section 40 and section […]

Companies (Registration of Foreign Companies) Amendment Rules, 2023

January 20, 2023 2202 Views 0 comment Print

These rules may be called the Companies (Registration of Foreign Companies) Amendment Rules, 2023. They shall come into force with effect from 23rd January 2023.

How is a Loan Against Property processed?

January 20, 2023 2460 Views 0 comment Print

Today, there are options aplenty for getting funds for any kind of financial emergency. One of the ways to obtain hefty funds is through a loan against property. This type of loan gives you immediate access to funds, while requiring you to pledge your residential or commercial property as collateral.

Integrated Desktop Computer cannot be classified as ‘portable device’

January 20, 2023 1152 Views 0 comment Print

Held that, such goods cannot be classified as ‘portable’ for the reasons that their dimensions make it illogical and unviable for daily transit and the same needs to be transported along with the power cable as well as the applicable stand if it is to be mounted. Further, the consumer is unable to carry them around in the absence of any protective case or any covering bags.

Importance of Accounting and Income Tax Provisions

January 20, 2023 2178 Views 0 comment Print

Real and Personal Generally deals with Capital Nature of Incomes and Expenses and Nominal deals with Revenue Expenses. It is the act of Recording, Classifying and Summarising of Financial Transactions and Events and interpreting the results thereof.

Senior Citizens’ Savings (Amendment) Scheme, 2023 – 8% Interest wef 01.01.2023

January 20, 2023 4401 Views 1 comment Print

Senior Citizens’ Savings (Amendment) Scheme, 2023 – deposit on or after 1st day of January, 2023 shall bear interest of 8.0% per annum

National Savings (Monthly Income Account) (Amendment) Scheme, 2023 – Interest Rate wef 01.01.2023

January 20, 2023 1683 Views 0 comment Print

National Savings (Monthly Income Account) (Amendment) Scheme, 2023 – deposit on or after 1.1.2023 shall bear interest rate of 7.1% per annum

National Savings Certificates (VIII Issue) (Amendment) Scheme, 2023 – Interest Rate & Maturity Value wef 01.01..2023

January 20, 2023 1674 Views 0 comment Print

National Savings Certificates (VIII Issue) (Amendment) Scheme, 2023 – Maturity value of account opened on or after 1.1.2023 with 1000 rupees shall be Rs. 1405.05

National Savings Time Deposit (Amendment) Scheme, 2023 – Interest Rate wef 01.01.2023 notified

January 20, 2023 969 Views 0 comment Print

National Savings Time Deposit (Amendment) Scheme, 2023 – One-year deposit to earn Rate of interest 6.6% per annum, 2 years 6.8%, 3 years 6.9% & 5 years to earn 7%

Kisan Vikas Patra (Amendment) Scheme, 2023 – Amount to double in 10 Years

January 20, 2023 1413 Views 0 comment Print

Kisan Vikas Patra (Amendment) Scheme, 2023 – Maturity period of account opened on or after 1st day of January, 2023 shall be ten years and deposits made in account shall double on maturity.

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