Section 7A Proceedings under Employees Provident Fund & Miscellaneous Provisions Act 1952 remains highly controversial more so in view of latest Judgment by Various Hon’ble High Courts on the Issue
As per Section 2(92) of the Companies Act 2013, (corresponding Section 12(2)(c) of the Companies Act, 1956) Unlimited Company means a company not having any limit on the liability of its Members.
F.No.137/46/2015-Service Tax Clarification regarding the provisions of Section 73, 76 and 78 of the Finance Act, 1994 and Section 11AC of the Central Excise Act, 1944 after amendments made vide Finance Act. 2015
The Income Tax is one of the ways of taxation through which evolved one of the concept of assessment of ‘black’ & ‘white’ money. Efforts are on to simplify & extend scope at the income-tax laws so as to make the scheme of income-tax, simple and tax-payers friendly. The following may prove to be useful for the purpose:
Statistics are our favourite ways to analyse the things. While watching cricket or election result or investing we try to find out what happened in past and we make you sure that the same will happened in future also. Almost one month back some of my clients were asking me why I am suggesting them to invest in small pieces or via SIP instead of lump sum
Many times we wonder why life is the same every day. Why is it same for everyone. Getting up every day, doing our chores, going to work, be back home and repeat. It is like we are running a race against time. We want things to change.
Introduction:- This article is an attempt to analyse the amendment made in the rates of basic customs duty applicable for various Iron & Steel Products vide Notification no. 45/2015-Customs dated 12.08.2015. This notification seeks to amend the exemption notification no. 12/2012-Cus dated 17.03.2012 which prescribes exemption from the levy of Basic Customs Duty (BCD) and […]
First we need to understand the present indirect tax system. There are endless taxes in the present system. Few of them have been levied by the Centre and rest levied by the States. Govt. draws the power to levy Tax from the constitution. There are many shortcomings in the Present Indirect Tax structure.
Reliance in this connection can be placed on the decision of Hon’ble CESTAT Mumbai in case of M/s Mercedes Benz India (P) Ltd vs CCEx [Appeal No E/85725/13-Mum] pronounced on 16-07-2015 wherein the appellant is a manufacturer of motor vehicle as well as engaged in trading of goods.
India has the hoary history of civilization, culture and religions. Hinduism constitutes the religion of the majority population of this country though other religions are given the due importance. Hindus constitute about 80.5% of India’s population.This religion has a cosmopolitan outlook respecting the ideologies of other religious groups as evidence by the co-existence of people following their own faiths.
