Traditionally, ESOPs were given to remunerate senior employees and to acknowledge their proven contribution to the company. However, in modern times, ESOPs are used as a consideration as Startups can’t afford to spend high salaries in the beginning. Employee Stock Options in India has gained immense popularity in the recent times with the emergence of a vibrant startup ecosystem in the country.
In this Article, Author list out step by step procedure for conversion of Partnership firm into Company and benefits of Conversion.
IBC code are now operational at full length. This article covers the critical aspects of the implementation of the code like No voice of Operation Creditors in Committee of Creditors, Financial Creditors’ favored code etc and among other provisions.
All the Companies Registered in India are governed by the provisions of Companies Act, 2013. Companies Act is an act of Parliament which regulates the working of Companies and legal limits within which companies may do their business. Company law provides legal compliance that are required to be followed by every company like reporting of […]
Are you a Director of any Company? Are your company Non-Compliant with RoC compliances? Are you disqualified and yet not filled financial statement and Annual Return with RoC? Are you confused which forms are required to be filled? If the answer is YES, then this Artcle is for you…………
Government set up INSOLVENCY LAW COMMITTEE on 16th November, 2017, to make recommendations to the Government on issues arising from the implementation of the Insolvency and Bankruptcy Code, 2016, as well as on the recommendations received from various stakeholders.
Job-workers are playing a major part in Indian economy due to involvement in the processing of input or unfinished goods. GST makes the Principal Manufacturer (the owner of the goods) to take care about compliance on behalf of the job-worker, considering the fact that Job-work is often a MSME sector and the same not able to comply with the structure of tax.
Turnover limit under GST Composition Scheme North Eastern State and Himachal Pradesh : Rs. 75,00,000/- In other States : Rs. 1,00,00,000/- Turnover of all businesses registered with the same PAN should be taken into consideration to calculate turnover. Who can’t opt for GST Composition Scheme Taxpayer supplying exempt supplies. Taxpayer having Interstate supplies. Supplier of […]
This article covers the basic provisions of GST registration, invoicing under GST, requirement of HSN code, Returns required to be filled and latest changes made in it.
Total share capital includes both equity and preference share capital. While preference shareholders does not have any voting rights, its not logical to include them for the purpose of ascertaining associate company. So, now associate company will be decided based on total voting power in stead of total share capital.
