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Steps for Company incorporation and required documents

August 19, 2015 10660 Views 2 comments Print

A Company can be incorporated in two ways: 1. Incorporation through normal route 2. Incorporation under Integrated Incorporation form (IIF).

Investment Options and Factors to Consider

August 19, 2015 2925 Views 0 comment Print

One of the reasons why India is a little behind USA is because the citizens of USA are taught the culture of savings and investments from their childhood. Investing is also a part of their school curriculum which manifests in them habit of investing.

NCLT (Salary, Allowances and other Terms and Conditions of Service of President and other Members) Rules, 2015

August 19, 2015 4215 Views 0 comment Print

The President shall be entitled to a monthly pay of ₹ 80,000/- (fixed) and other allowances as are admissible to a Government Servant in the Apex grade of ₹ 80,000 (fixed). (2) A Judicial Member and Technical Member shall be paid salary in the pay scale of ₹ 67000-79000/- (annual increment at 3%) and other allowances as are admissible to a Government Servant in Higher Administrative Grade of ₹ 67000-79000/-.

Six Types of Courage in Life

August 19, 2015 1872 Views 0 comment Print

Courage is known as the strength to do anything without fear. Discovery of Sea routes, Space odyssey and Racing are examples of courage. People display varying levels of courage depending upon the stage of their age and growth. Some people are timid in their youth, but turn courageous later.

Tax Planning w.r.t dividend u/s 2(22)(e)

August 19, 2015 3691 Views 0 comment Print

Friends, as you all are aware that if any loan or advance is given by any closely held company (Private Company) to: A shareholder who is having equal to or more than 10% of share capital in that company or; Any concern (ex. XYZ Pvt. Ltd.) in which such shareholder is having shareholding of equal […]

Is Exchange Rate Dominant Factor Influencing Corporate Profitability in India?

August 19, 2015 429 Views 0 comment Print

Indian corporate sector has witnessed a significant growth over last two decades and has become an integral as well as key strategic part of the economy. In this paper, corporate performance has been analysed to assess the significance of firm specific and macroeconomic factors on corporate profitability under two distinct regimes.

RBI grants “in-principle” approval to 11 Applicants for Payments Banks

August 19, 2015 376 Views 0 comment Print

The Reserve Bank of India has today decided to grant in-principle approval to the following 11 applicants to set up payments banks under the Guidelines for Licensing of Payments Banks issued on November 27, 2014 (Guidelines). Aditya Birla Nuvo Limited, Airtel M Commerce Services Limited

Authorized Economic Operator (AEO) Programme –regarding

August 19, 2015 775 Views 0 comment Print

Circular No. 21/2015-Custom Duty dated: 19.08.2015 Reference is invited to Board Circular No 28/2012-Customs dated 16.11.2012 which lays down detailed guidelines on processing, validation and certification under the Authorized Economic Operator (AEO) Programme.

Now summons can be served via email or fax under Securities Contract Regulations

August 19, 2015 400 Views 0 comment Print

These rules may be called the Securities Contracts (Regulation) (Procedure for Holding Inquiry and Imposing Penalties by Adjudicating Officer) Amendment Rules, 2015.

Tax Benefits to 21 Districts of Bihar Notified as Backward Areas

August 19, 2015 1378 Views 1 comment Print

Income-Tax Act 1961 Amended Through Finance Act 2015 to Provide Certain Tax Benefits to Notified Backward Areas in Specified States Including State of Bihar to Give. These Areas an Opportunity to Grow Faster;21 Districts of Bihar Notified as Backward Areas; Any Manufacturing Undertaking or Enterprise Set-Up During the Period From 01.04.2015 to 31.03.2020 in the […]

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