In the world we live in today, the Internet and Information technology are of utmost importance and play a major part in almost every aspect of our lives. With the spread of the Covid-19 pandemic in 2019 and its continuing effects, the world became more reliant on technology and the internet to continue to work, learn and grow.
Ola Cabs is a multinational ride-sharing company. It was founded by Bhavish Aggarwal and Ankit Bhati on 3rd December 2010. Bhavish graduated from IIT Bombay in computer science. He was once travelling from a rented car where he had a horrendous experience, as, amid the journey, the driver asked for re-negotiation of the fare.
Art theft is the criminal activity which involves the theft of art or cultural property and includes the various kinds of objects such as paintings, sculptures, ceramics, idols and other art and antique objects.
At present, provisions under section 135 of the Act regulate large companies i.e. (a) companies having net worth of INR 500 crores or more; (b) turnover of INR 1,000 crores or more; or (c) net profit of INR 5 crore or more, during the immediately preceding financial year, to spend at least 2% of the average net profits during the three immediate preceding financial years towards CSR activities.
Currently, there are two tax slabs – 5% for bills below ₹999 and 12% for bills above that. GST Council decided to GST rate changes from January 2022 in order to correct inverted duty structure in Footwear and Textile Sector. All footwear, irrespective of prices will attract Goods & Services Tax (GST) at 12 per […]
The article contains how the refund of amount paid during investigation may be claimed on the basis of High Court Judgment M/s BUNDL TECHNOLOGIES PRIVATE LIMITED Vs THE UNION OF INDIA AND ANR. I hope the article will be helpful to the readers. Under this article I would like to analysis the case when the […]
It is irrefutable fact that every democratic country is regulated by ‘Law’. Law provides rights to the citizens and those rights can be bifurcated into two categories i.e. Fundamental Rights and Civil Rights. In India, Fundamental Rights have been defined in the Constitution of India which is also called ‘Grundnorm‘ and all the civil rights […]
Eight Important Aspects to be considered for filing MSME-1 with MCA form for the period April 2021 to September 2021 1. WHAT IS MSME : In terms of Government of India Gazette Notification S.O. 2119 (E) dated June 26, 2020 the definition of micro, small and medium enterprises is as under: (i) A micro enterprise is an […]
We are still not out of the COVID-19 pandemic. The second wave of the pandemic overburdened the healthcare infrastructure of India. It also put a substantial financial burden on patients and their families. For many people, it was challenging to get appropriate care in such dire circumstances.
The uncertainty on whether corporations can avail input tax credit (ITC) for any expenditure made under Corporate Social Responsibility (CSR) is a longstanding one. In the absence of a clear-cut law, corporations have had to rely on specific AAR rulings to ascertain whether they can avail ITC for their CSR expenditure. However, inconsistent findings by […]
