Explore the key aspects of inter-corporate loans and investments under the Companies Act 2013. Understand the limitations set by Section 186(1), allowing companies to make investments through a specified number of layers with exceptions for specified IFSC private and public companies.
Understand the implications of the second proviso to Section 16 of the CGST Act and CGST Rule 37, where recipients failing to pay suppliers within 180 days must reverse input tax credit. Learn about interest requirements and the relief provided for related and distinct persons, allowing them to avail input tax credit without making payments for supplies among themselves.
Explore a comprehensive Sample SOP for Major Accounting Areas covering finance and accounting activities at
Explore the economic impact of the India-China border conflict and escalating geopolitical tensions in the Indo-Pacific region. Understand the implications on Indias economy, defense sector, and global trade dynamics. Discover the need for collaborative solutions to foster stability, economic growth, and positive international relations in the Indo-Pacific. Stay informed on the evolving situation and its potential global consequences.
Stay informed about SEBIs recent amendments to the Listing Obligations and Disclosure Requirements Regulations, 2015. The changes include exemptions for High-Value Debt Entities (INVIT and REIT), a revised definition of ‘Senior Management,’ and enhanced disclosure requirements for material subsidiaries in the Corporate Governance Report. Understand the implications and compliance deadlines.
Stay updated with recent GST clarifications till January 22, 2023. CBIC empowers GST Intelligence or Audit Additional Assistant Directors, approves setting up digital forensic labs, and issues circulars on various taxability issues. Clarifications on Rab classification, GST on Dal milling by-products, carbonated beverages, snack pellets, SUVs, IGST rates, accommodation services by Air Force Mess, and incentives by MeitY to banks.
Understand the implications of non-payment of tax by suppliers and the new Rule 37A introduced by CBIC. This rule, effective from December 26, 2022, mandates the reversal of input tax credit (ITC) by a registered person if the supplier fails to file the GSTR-3B for the corresponding tax period.
Discover the vital importance of FSSAI Registration/License for food businesses in India. The Food Safety and Standards Authority of India (FSSAI) mandates this 14-digit license, a legal requirement ensuring food safety and quality. Operating without it can lead to severe consequences, including legal action, business closure, reputation damage, inability to sell products, lack of credibility, limited market access, difficulty in obtaining financing, exclusion from government schemes and tenders, insurance challenges, and restricted export opportunities.
Unlock the path to a profitable business journey – from branding to trademarking. A registered trademark can be a valuable asset, fostering a positive reputation and setting your business apart. Discover strategies beyond trademarking, encompassing marketing, product quality, business strategy, innovation, analytics, networking, employee development, cost management, customer service, diversification, automation, and branding/reputation management.
Explore proposed sweeping changes in the Insolvency and Bankruptcy Code (IBC) 2016 by the Ministry of Corporate Affairs. The changes aim to enhance transparency, incorporate technology, empower authorities, and streamline processes. Key proposals include redesigning fast-track CIR processes, addressing real estate cases, equitable distribution of proceeds, granting more powers to authorities, relaxing pre-pack procedures, mingling assets of CD & guarantor, and introducing an electronic platform.
