The directions have been issued by the Reserve Bank Of India in the name of Lending to Micro, Small & Medium Enterprises (MSME) Sector] Directions, 2017. The provisions of such Directions are applicable to every Scheduled Commercial Bank licensed to operate in India by the Reserve Bank of India. Loans to MSME Sector The MSMED […]
After a complete regulatory overhaul in Investment Advisory regulations SEBI is soon expected to come out with regulatory overhaul for Research Analyst space also. There is a greater need to align you with the regulation and be on the right side of the regulation as the regulator prepares to launch a review of regulatory compliance […]
Tax Deducted at Source (TDS) is the tax deducted by the payer before paying the amount to the payee levied on incomes, dividends, asset sales, rents, interest payments by the bank etc… The statement of TDS so deducted is reflected in Form 26AS. 1. Changes in TDS provisions by Finance Act 2020 are made in respect […]
Learn about the concept of future and options and how they can generate income. Discover the tax implications and deductions for F&O business.
In this article we shall discuss about Annual Performance Report (i.e. APR) & Process of Filing it. Annual Performance Report is a mandatory annual compliance specified under FEMA 1999. Non-filing of the APR before due date will be treated as a violation of FEMA and penalty clause may be invoked for violation of FEMA.
Introduction: Takeover implies acquisition of ownership of a company which is already registered through the purchase or exchange of shares. Takeover usually takes place either by way of acquisition or purchase wherein the Acquirer acquires shares or voting rights or control in the Target Company or where the Acquirer acquires assets of the Target company. […]
All the Companies registered under Companies Act 2013 and LLPs registered under Limited Liability Partnership Act, 2008 have to file requisite mandatory forms with ROC every year. We have prepared a list of forms to be filed by Private Limited Company, Unlisted Public Company, OPC and Limited Liabilities Partnerships for the due dates falling in […]
Import Export Code! Have you ever encountered the term IEC on Television, Newspapers, and thinking about what it actually means? Is it Independent Electoral Commission, Indian Economic Conclave, or Import- Export Code? Then you are at the exact right place. Here a complete and basic guide about import export code is given. It would not […]
The Faceless Assessment Scheme is one of the biggest Direct Tax reforms in India based on Key Principles of Efficiency, Transparency and Accountability. The Income Tax Department is bringing about a pardigm shift in building the future with technology by pioneering an ecosystem of assessments and appeals founded on Data and AI. Faceless Assessment is […]
Learn how to rectify an Income Tax order or intimation with easy steps. File a Rectification request online and correct any mistakes in the filing process.
