Explore importance, requirements, and due dates for filing DIR-3 KYC Web/E-Form for directors. Learn about consequences of non-compliance.
Explore the complexities of Capital Gain Tax on the sale of properties. Learn about Long Term Capital Gain (LTCG), Short Term Capital Gain (STCG), and exemptions under Income Tax Act, 1961. Understand the significance of indexation, Cost Inflation Index (CII), and conditions for claiming exemptions like Section 54. Discover how tax implications can be reduced through proper planning and adherence to statutory requirements.
Understand the new Rule 25B introduced by the Ministry of Corporate Affairs to combat deceitful practices related to registered offices of companies.
Understanding the new SEBI LODR regulations and amendments regarding related party disclosures effective from 1st April 2022.
The Ministry of Corporate Affairs vide Nidhi (Amendment) Rules, 2022, dated 19th April, 2022, introduced substantial amendments in terms of Nidhi Rules, 2014. The Nidhi (Amendment) Rules, 2022 has been explained in a very effortless simple terms as under. The following clause in Rule 3A of the said rules, after the third proviso, the following […]
As layman everyone perceive a private limited company is a company which is privately held for small businesses. The liability of the members of a Private Limited Company is limited to the amount of shares respectively held by them. Shares of Private Limited Company cannot be publicly traded. There can be minimum 2 directors in […]
The Ministry of Corporate Affairs vide Companies (Management and Administration) Amendment Rules, 2021 dated 05.03.2021, introduced a great amendment in terms of applicability of annual return for every companies. As per the amended Companies (Management and Administration) Amendment Rules, 2021, the following clause has been substituted, in rule 11 for sub-rule (1), which is read […]
ndia’s social consciousness is deeply engraved with the generosity of social service, which have evidently existed in various forms since ages, like the concept of daana, dakshina, bhiksha etc. There are many different ways through which individuals, companies etc. can help bring wellbeing, prosperity to one’s life as well as society at large.
INTRODUCTION There are different ways in which one can share good fortune with others in an organized and enduring manner and receive legal protection as well as tax benefits. The most of common structures for providing social benefit i.e. Non-Profit Organization in India are Trust, Society and Section 8 Companies. Any organization donating its funds […]