Mutual funds are perceived as one of the best investment options to achieve one’s financial goals. Whether you want to cater to your long-term financial goals, or a short-term goal; whether you wish to create wealth or preserve wealth – whatever may be your underlying financial objective, there are different types of mutual funds that […]
At present, provisions under section 135 of the Act regulate large companies i.e. (a) companies having net worth of INR 500 crores or more; (b) turnover of INR 1,000 crores or more; or (c) net profit of INR 5 crore or more, during the immediately preceding financial year, to spend at least 2% of the average net profits during the three immediate preceding financial years towards CSR activities.
Representations have been received from various trade bodies and associations regarding instances of indiscriminate issuance of demand notices by the field formations on the basis of ITR-TDS data received from Income Tax Department.
We are still not out of the COVID-19 pandemic. The second wave of the pandemic overburdened the healthcare infrastructure of India. It also put a substantial financial burden on patients and their families. For many people, it was challenging to get appropriate care in such dire circumstances.
Thane CGST arrests one person for Input Tax Credit Fraud Of Rs. 90.68 crores In a major drive initiated against fraudsters who are availing and utilizing fake Input Tax Credit (ITC) Thane Central GST Commissionerate, Mumbai CGST Zone has arrested a mastermind who had opened a firm M/s. Doshi Marketing and was operating from Bhayander […]
Panel of Auditors (Updated List) to carry out audit of Digital Addressable Systems (DAS) Telecom Regulatory Authority of India F.No.21-2/2020-B&CS Date: 21.10.2021 Panel of Auditors1 (Updated list2) to carry out audit of Digital Addressable Systems (DAS) 1 In accordance with the Telecommunication (Broadcasting and Cable) Services Interconnection (Addressable Systems) Regulations. 2017, the Telecommunication (Broadcasting and […]
Where a landlord sells the land to a developer, there is no role for him in a real estate project. GST on the sale of land is not payable by virtue of Para 5 of Schedule III appended to Central and State GST Act, which provides that a transaction of sale of land shall be treated neither as a supply of goods nor a supply of services.
Multipurpose Empanelment Form (MEF) is now hosted at MEFICAI website. Members can fill up the application form directly on the MEFICAI website itself and Submit it. Members can view the Application and can edit the Application in different stages. However after submission of the application form members will not be able to edit the application, They […]
Q.1 Where I can find detailed step by step instruction on filing an application? Ans. Please check HELP file for details on DGFT website Q.2 How do I know if a BRC is eBRC or manual BRC? Ans. From 17.08.2012, banks transmit all BRC data electronically to DGFT. Such BRC is called ‘e-BRC’. BRC issued […]
In the wake of the upcoming festival season, it is now felt that restrictions on time of functioning for various establishment like shops, restaurants, hotels, etc. will lead to more crowding in the shorter duration in which they are currently allowed to function.
