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5 reasons that make Bajaj Finserv’s Business Loan a convenient financing option

July 5, 2018 7662 Views 1 comment Print

Just like making investments, saving regularly and maintaining a reserve of liquid cash is essential to ensure good financial health for your business. Also, understanding when to intervene with external funds is equally important. Whether it is a very long working capital cycle, poor cash flow management or clients failing to make payments on time, […]

Penalty for Failure to file Part-B of E-way Bill is valid: HC

July 5, 2018 37188 Views 5 comments Print

M/s Gati Kintetsu Express Pvt. Ltd. Vs Commissioner, Commercial Tax of MP & others (Madhya Pradesh High Court) In the present case, the distance was more than 1200-1300 kilometers and it is mandatory for the petitioner to file the Part-B of the e-way bill giving all the details including the vehicle number before the goods […]

FAQs on NRI, PAN, Bank, SIM and Aadhaar

July 5, 2018 3507 Views 0 comment Print

Recently Asked Questions on Aadhaar Q.1 Is it possible to link Mobile Number with Aadhaar through OTP? What is the procedure to link Mobile Number with Aadhaar? Ans: As per DOT Directive, some Telecom Operators have started linking of SIM with Aadhaar via OTP based authentication. To know more about the process, please contact your […]

GST Leviable on Rakhi and cannot be classified as handicraft item

July 5, 2018 3705 Views 0 comment Print

Rakhi is an independently identifiable product which may be made up of innumerable materials of no fixed or predetermined ratio, and yet retain its specific identity as a symbol of a bond involving the potential care of the sister by the brother, and not merely an assemblage of discrete materials. Rakhi cannot be termed as a handicraft item under GST under Notification No 32/2017-Central Tax dated 15.09.2017, (later amended as Notification No 38/2017-Central Tax dated 13.10.2017).

Online System to determine notifiability of M&A in terms of Competition Law

July 5, 2018 612 Views 0 comment Print

Competition Commission of India (CCI) launches an Online Guidance System for determining notifiability of Merger & Acquisitions in terms of the Competition Act, 2002.

Sound of Poem (Place of Effective Management): Latest Update

July 5, 2018 2535 Views 0 comment Print

With respect to opening WDV in case of the foreign company whose PoEM is determined in India and which is assessed to tax in the home jurisdiction, the final notification provides for 2 cases:

Companies (Registration Offices and Fees) Third Amendment Rules, 2018

July 5, 2018 4356 Views 0 comment Print

Fee payable till the 30th April of every financial year in respect of e-form DIR-3 KYC as at the 31st March of immediate previous year.- Nil and Rs. 5000 thereafter

Companies (Registration of Charges) Amendment Rules, 2018

July 5, 2018 13803 Views 0 comment Print

A company or charge holder shall within a period of three hundred days from the date of the payment or satisfaction in full of any charge registered under Chapter VI, give intimation of the same to the Registrar in Form No.CHG-4 along with the fee

Companies (Acceptance of Deposits) Amendment Rules, 2018

July 5, 2018 19467 Views 0 comment Print

Companies (Acceptance of Deposits) Amendment Rules, 2018 – A certificate of the statutory auditor of the company shall be attached in Form DPT-1, stating that the company has not committed default in the repayment of deposits or in the payment of interest on such deposits accepted either before or after payment of interest on such deposits accepted

Section 20 of Companies Amendment (Act) 2017 Applicable from 05.07.2018

July 5, 2018 3582 Views 0 comment Print

Central Government hereby appoints the 5th July, 2018 as the date on which the provisions of Section 20 of Companies (Amendment) Act, 2017 shall come into force.

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