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Archive: 24 February 2023

Posts in 24 February 2023

All about Dividends

February 24, 2023 29322 Views 0 comment Print

In simple terms, a dividend is a reward company offers shareholders (investors who have invested in shares) for staying invested in its capital. It is a way through which a company shares it profits with shareholders.

Advisory for SEBI Regulated Entities (REs) regarding Cybersecurity best practices

February 24, 2023 2385 Views 0 comment Print

SEBI REs should conduct regular cybersecurity assessments to identify and mitigate potential risks and vulnerabilities. These assessments should include testing for network and application vulnerabilities, penetration testing, and social engineering testing.

Detailed Analysis of UAE Corporate Tax

February 24, 2023 11550 Views 0 comment Print

UAE Corporate Tax Guide Navigating the New Tax Landscape Essential insights on the implementation, rates, exemptions, and compliance under UAEs Corporate Tax regime effective June 2023.

Understanding Section 101 of Companies Act, 2013

February 24, 2023 42204 Views 2 comments Print

Decoding Section 101 of Companies Act 2013 Notice for General Meetings Key requirements for notifying shareholders about AGMs and EGMs.

Education cess paid by assessee is not allowable as expense u/s. 37

February 24, 2023 1566 Views 0 comment Print

Held that education cess paid by the respondent-assessee is not allowable as an expenditure under Section 37 read with 40(a)(ii) of the Income Tax Act.

Sale of property taxable under capital gain as property held for considerable longer time period

February 24, 2023 25269 Views 0 comment Print

ITAT Delhi held that property sold is to be taxed under Capital gain as the property was held for considerable longer period of time and assessee is not engaged into systemic real estate business activity.

Verification of Status of GSTIN of contractor & authenticity of GSTR-3B return

February 24, 2023 2364 Views 0 comment Print

GOVERNMENT OF JAMMU AND KASHMIR FINANCE DEPARTMENT (CODES DIVISION), Civil Secretariat, Jammu/Srinagar ***** Circular Subject: Verification of Status of GSTIN of the contractor and authenticity of GST-3B return through the Peridot App (available in the Playstore) or from the State Taxes Department. It has come to the notice of Finance Department that dealers/contractors whose GSTIN […]

Automatic drop proceedings of Suo moto cancellation of GST Registration

February 24, 2023 17178 Views 0 comment Print

GSTN has implemented a new functionality of automation of drop proceeding of suo motu cancellation of registration where the registration was suspended by GSTN for non-filing of returns through REG-17.

RBI Draft Guidelines on Minimum Capital Requirements for Market Risk

February 24, 2023 3123 Views 0 comment Print

Boundary between the banking book and the trading book – This chapter sets out the instruments to be included in the trading book (which are subject to market risk capital requirements) and those to be included in the banking book (which are subject to credit risk capital requirements).

Beginner’s Guide to Getting a Credit Card for the First Time

February 24, 2023 1518 Views 0 comment Print

The decision to get a credit card for the very first time requires a great deal of research and thought. There are plenty of parameters for you to consider while you apply for a credit card such as why a credit card would be beneficial for you, what are the documents you’d need to submit, what must you consider and so on.

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