Financial Bubbles & Crashes in the stock market is the period of unusual positive & negative returns due to rises or fall in the prices of the stocks which is caused by panic buying & selling, neither of which is based on the fundamentals of the companies and economy. Most famous Bubble & crashes were 2008 US subprime lending crisis, Dot-Com Bubble (1995-2001), Black Monday – Stock Market Crash of 1987.
It has been decided to allow SEBI Registered Investment Advisors (RIAs) to use infrastructure of the recognised stock exchanges to purchase and redeem mutual fund units directly from Mutual Fund/Assets Management Companies on behalf of their clients, including direct plans.
Indian Customs has introduced the concept of single window for the clearance of import and export goods. In simple terms, Single Window essentially means providing a common platform to import or export trade to meet requirements of all regulatory agencies
E-payment of tax is a facility provided to the tax payers to make tax payments through internet using net-banking facility. Electronic Accounting System in Excise and Service Tax (EASIEST) is a web based payment gateway launched by CBEC in 2006/2007 enabling assessees to pay Central Excise Duties and Service Tax online.
As per the Model GST Law Assessee falling under following categories can get themselves registered- A. Mandatory Registration B. Voluntary Registration
In this article we have tried to give an idea to the reader about the differences between KVAT Act, 2003 and Model GST law released by the Ministry of Finance for public comments on 14th June, 2016.
Give and take is a way of getting things done in a desired manner. When we give something, we expect something. A mom dictating a child to finish her homework gets a likely response If I will finish this, will you give me a chocolate? Similar was the expectation of the corporates regarding the allowance of expenditure incurred for fulfilling their social responsibilities as per the mandate of the Companies Act, 2013.
Each year, Budget is presented by Union Finance Minister in the Parliament normally on 28thFebruary. From Customs /Central Excise officer‘s interest point of view, it, inter alia, contains proposal for amendments of Statutory provisions of Indirect Tax laws, namely, Customs Act, 1962; Customs Tariff Act, 1975; Central Excise Act, 1944;
In this article, attempts have been made to explain some basics about how to draft a good Show Cause Notice (SCN).
In Budget 2015, Central Government introduced Swachh Bharat Cess. The statutory authority for new levy is contained in Section 119 (Chapter VI) of Finance Act, 2015.
