Introduction: During my college days in the late ’80s & Beginning of the ’90s, the Principal of our MGM college, Udupi Late Prof Rama Bhat who was also an Economics Professor always used to tell the significance of Two states namely Punjab & Undivided Andhra Pradesh also known alternatively as Granary Of India in filling […]
A. Niti Ayog :- In January 2015 this institution was fomed with a vision of National Development. In pursuing it’s objective e – governance and technology penetration got attention of this body. As a result of it this institution got related with cyber crimes in India. The NITI Aayog serves as the apex public policy […]
Understanding the GST implications on mining royalty: Is it a service or supply of goods? Discover the legal complexities and judicial rulings on this issue.
In this article, the author shall confer about the Charges and its related provisions as given under the Companies Act, 2013. A CHARGE is stated in Section 2(16) of the Companies Act, 2013 which expresses that charge could be – an interest or lien; created on the property or assets of a corporation; and any […]
Securitisation and Reconstruction of Financial Assets & Enforcement of Security Interest Act, 2002 (SARFAESI) is basically is an act which provides different options to Banks and Financial Institutions for resolving their non performing assets and it is also an effective tool in the hands of the lenders to enforce the security interest and recover the […]
Skill India Mission was launched by the Prime Minister of India, Shri Narendra Modi, on 15th July 2015. Mission was launched with an aim to provide training in different skills to around 40 crore people in India by 2022. Notably, as per the report, in 2014, India had only 2% of the formally skilled workforce. […]
Introduction: The Apex Court had in the case of GKN Driveshafts (259 ITR 19) laid down the procedure to be followed in all cases where the back assessments of a person are opened by the Income Tax Authorities. The said decision recognised the right of a person to seek: a) a copy of the “satisfaction’ […]
We all have grown with our elders and grandparents around us. We have spent our childhood listening to the work styles of our grandparents, how their nature of work and their work culture differed from our parents and ours. Old age is the stage where one is supposedly worry-free about arranging the family’s monthly expenses. […]
Discover the CBIC perspective on celebrating failures as success & cracking poor jokes in GST. Uncover the truth behind managing a robust system.
Limited Liability Partnership (LLP) is a body corporate having legal entity and can hold property in its own name different from its partners. It is a hybrid of partnership and company form of organization. LLP has limited liability and perpetual succession.