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Archive: 25 May 2023

Posts in 25 May 2023

DGFT amends Interest Equalisation Scheme Cap Subvention Amount

May 25, 2023 2145 Views 0 comment Print

Government issued a trade notice announcing an amendment to the Interest Equalisation Scheme (IES). The IES has been extended until March 31, 2024, as per the notification from the Reserve Bank of India. The amendment, which is effective immediately, introduces a cap of Rs. 10 crore per Importer Exporter Code (IEC) on the annual net […]

SC held liability to discharge arrears of property tax & water tax inspite of being post-liquidation liability

May 25, 2023 1686 Views 0 comment Print

Conclusion: Arrears of property tax and water tax until the date of confirmation of sale, i.e., 04.07.2003, would qualify as the expenses for “preserving, realising or getting in” the assets of the company and thus, should have to be paid in priority by the appellant OL.

Model Prisons and Correctional Services Act, 2023

May 25, 2023 390 Views 0 comment Print

Impact of ‘Model Prisons and Correctional Services Act, 2023’ on efficient prison management. Learn how states and UTs can adopt this progressive legislation for reform.

GST rate on Samosa, Kachori, etc. – Trade Practice vs. Revenue Contentions

May 25, 2023 15093 Views 1 comment Print

GST was rolled out in India in 2017 but even after more than five years of implementation of GST, there are still various mysteries pertaining to the taxability, rate of tax & the classification of certain goods and services.

Scope of Company Secretary Profession

May 25, 2023 4530 Views 0 comment Print

Explore the vast scope of the Company Secretary (CS) course, covering corporate governance, legal compliance, board support, corporate finance, risk management, and various career opportunities. Discover the diverse areas within this profession. Explore the vast scope of the Company Secretary (CS) course, covering corporate governance, legal compliance, board support, corporate finance, risk management, and various career opportunities. Discover the diverse areas within this profession.

Tips for better preparations for CA/CS Exams

May 25, 2023 2031 Views 0 comment Print

Excel in your CA/CS exams with these effective tips From creating a study schedule to managing time, understanding the format, and prioritizing well-being, these strategies will boost your preparation and performance. Good luck.

Overview of Scheme of Compromise and Arrangement under Companies Act 2013

May 25, 2023 12546 Views 0 comment Print

Explore the Scheme of Compromise and Arrangement under the Companies Act, 2013 in India. Learn about the proposal, approval process, NCLT scrutiny, shareholders and creditors’ meetings, confirmation, implementation, and filing requirements. Understand the legal framework for restructuring companies through mergers, amalgamations, demergers, acquisitions, or reorganizations.

MCA Imposes Penalty for Non-Filing of e-Form MGT-14 for Approval of Annual Accounts

May 25, 2023 6609 Views 0 comment Print

Registrar of Companies, Gujarat, Dadra & Nagar Haveli issues an ex-parte order imposing penalties on M/s. Yuva Nidhi Company Limited for violating Section 117 read with Section 179 of the Companies Act, 2013. The company and its directors failed to file e-form MGT-14 for the approval of annual accounts for multiple financial years.

 Best key Srategies To Help Attract Clients Through Your CA Website

May 25, 2023 4560 Views 0 comment Print

Discover key strategies for attracting clients through your chartered accountant website. Learn to define your target audience, optimize for search engines, highlight expertise, and more. Enhance your online presence and grow your accounting practice.

Overview about Annual General Meeting of Company

May 25, 2023 2328 Views 0 comment Print

Understand the key provisions of Section 96 of the Companies Act 2013, governing Annual General Meetings (AGMs) and the essential aspects related to their conduct and compliance.

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