CS Lily Bali We all know that provident fund is a welfare scheme for employees and where both employer and employee contribute their part but it’s a liability of employer to deposit whole part. Employer deducted the employee share from the salary of the employee. PERCENTAGE OF CONTRIBUTION: Both employee and employer are required to […]
In 2008, Ministry of Corporate Affairs brought the concept of Limited Liability As per the LLP Act 2008 an LLP is defined as that business entity where having two Designated Partners is minimum requirement and such partners had their liability limited to their contribution towards the LLP
Finally most awaited provision how to cancel migrated provisional registration under GST is come into picture. Procedure to be followed for cancellation. Procedure to be followed for cancellation.Login with your User ID and Password. Right hand side there is button of cancellation of provisional .Click, Mention the reason of cancellation and submit with DSC.
Composite supply means supply made by taxable person 1. Consisting of two or more taxable supplies of good or services and 2. Which are naturally bundled and supplied in conjunction with each other in ordinary sources of the business, one of which is principal supply. Both the criteria mentioned are required to be fulfilled.
Under new GST regime Exporter has two option for making export of Services 1. Payment of Integrated Good And Services Tax (IGST ) and then claim for refund. 2. Export made under the letter of Undertaking or Submission of bond with Bank Guarantee before making Export.
COMPANY LAW > Call Board meeting for adopting merger order > And Authorizing director to file the same with ROC. > Call an Extra Ordinary General Meeting and inform details about merger like allotment of shares, change in object clause and etc.
The Audit Committee shall consist of Minimum of three director with independent director forming majority Provided that majority of member of Audit Committee including the Chairperson shall be person with ability to read and understand the financial statement
Meaning of Right Share of Issue: Right Issue’ means offering shares to existing members in proportion to their existing shareholding through letter of offer. Governing Section: SECTION 62 of Companies Act 2013
Every Indian Company who receives FDI (Foreign Direct Investment) needs to report such FDI inflow to Reserve bank of India. Therefore this is my attempt to clarify the procedure regarding report of FDI to RBI.
