पेटीएम, जोमेटो, नाइका, मेक माइ ट्रिप, आदि नए जमाने की युनिकोर्न स्टार्ट अप हाइटेक कंपनियों ने घाटे में होने के बावजूद अपने शेयरों का अत्यधिक मूल्यांकन कर आईपीओ के जरिये आम निवेशकों से अरबों रुपये बटोरें और आज यह हाल है कि शेयर मुंह के बल गिर चुके हैं और आम निवेशकों को भारी नुकसान […]
SEBI proposes new disclosures for loss making companies intending to issue an IPO. Learn about the transparency measures and investor protection initiatives.
As you are aware that Bank Guarantee is a promise made by a Bank/Financial Institution to any third person to undertake payment risk on behalf of its customers. A BG is a irrevocable undertaking by a bank to pay certain sum of money to the beneficiary in the event of non-compliance /fulfilment of commitment by […]
1. In the Active voice, the subject of the sentence does the acting whereas, in the Passive voice, the subject is acted upon. One can spot passive voice by looking for some form of the verb ‘to be.’ or the preposition ‘by.’ a) Active voice: The Assessee filed an appeal. (the subject, the Assessee, is […]
भारत में जीएसटी लाया गया था चार मुख्य उद्देश्यों की पूर्ति के लिए लाया गया था जिनमें से इनपुट क्रेडिट का निर्बाध या बाधा रहित होना सबसे बड़ा और प्रमुख उद्देश्य था. टैक्स बेस का बढना, राजस्व की अधिक प्राप्ती और टैक्स पर टैक्स लगना अर्थात कास्केडिंग इफ़ेक्ट को समाप्त करना अन्य बड़े उद्देश्य थे […]
In this article we will discuss about GST applicability in case of Hostels. Hostels can be of two types: (1) Hostels maintained by educational institutions (like many school and colleges provides Hostel facility / boarding school facility either compulsory or optional basis) (2) Private Hostels (Provided by individual operators to students and working professionals)
Concessional Rates of Income Tax @ 22% for Companies in India Applicable from AY 2020-21 – FY 2019-20 ♦ Income tax @22% in place of 25% or 30% under the Section 115-BAA 1. Income Tax @ 22% is applicable on the Companies (i) All Indian companies are permitted to avail concessional rate of income tax […]
‘The services provided/to be provided in the ‘Theme Park & Museum’ by the applicant are classifiable under HSN Code 9996-item No. (vi) of col. No. 3 of entry No. 34 of the notfn No.11/2017-CT(R) dated 28.6.2017 under “Recreational, Cultural and sporting services other than (i), (ii), (ia). (ii) (iia), (iv) and (v) above” and is liable to GST @18%.’
The major objective of this act was to concentrate on the innocent people who are traveling on the road and can get affected by the drivers. The drivers of this motor vehicle were not held accountable for until this act. Thus, under the motor vehicle act, there was a provision for compensation for these helpless people on the road.
Companies Auditor’s Report Order 2020 brings more enhanced reporting disclosures which will provide more accurate insights to the business with completeness and accuracy providing the stakeholders knowledge about operational and financial position of the company. Such enhanced disclosures will provide foreshadow about corporate failures before the actual collapse Onus of comprehensive disclosure lies on both […]
