What if we tell you that there is a company that has given almost 100000% return on investment in its shares within a time span of just 11 years. Would you believe us? No matter how unbelievable it sounds but this is true. This incredible milestone has been achieved by Bajaj Finance Ltd who has […]
Today, many lenders offer exclusive loans for chartered accountants, which consider their financial standing and unique needs. The features of a CA loan include a high sanction, a long repayment tenor, and quick disbursal. They align themselves well with business goals such as expansion, software integration, upskilling, and recruitment, as well as with personal goals […]
In view of the recent changes, the following data provides summary of newly Inserted Sections in Direct Taxes by Finance Act, 2021. Please provide your valuable insights and queries in the comments section. Insertion of New Sections under Direct Taxes by Finance Act, 2021 Summary of Inserted Sections: Section Number Name of Section Section 89A […]
THE CODE ON WAGES, 2019 Section Sec-1 “Short title,extent and commencement.” (1) This Act may be called the Code on Wages, 2019 (2) It extends to the whole of India (3) It shall come into force on such date as the Central Government may, by notification in the Official Gazette appoint; and different dates may […]
1. Significant Supreme Court Judgments: Arun Kumar Jagatramka vs. Jindal Steel and Power Ltd. & Anr. (15 March, 2021): The prohibition placed by the Parliament in Section 29A and Section 35(1)(f) of the Code must also attach itself to a scheme of compromise or arrangement under Section 230 of the Companies Act, 2013, when the […]
In India, population of youngsters is very high and maximum of youngsters have a dream to become entrepreneur. Some of them have a workable business idea in their mind and on paper but due to shortage of funds they face challenges in converting that business idea into reality. To help these entrepreneurs, the Government of […]
Amendments analysis in Schedule V of Companies Act,2013 vide MCA Notification dated 18 March, 2021 Summary/ Gist of Amendments Amendments in Section I, II and III of Schedule V- Part II- Remuneration Insertion of Remuneration provisions and Maximum Limit of Remuneration related to Non- Executive or an Independent director relevant Notifications MCA notifies amendment in […]
The amended provisions of the Indian Stamp Act, 1899 and The Indian Stamp (Collection of Stamp Duty through Stock Exchanges, Clearing Corporations and Depositories) Rule, 2019 brought through Finance Act, 2019 came into force w.e.f 1st July, 2020. Thrоugh the sаid аmendments, the Сentrаl Gоvernment hаs сreаted the legаl аnd institutiоnаl meсhаnism tо enаble Stаtes […]
When the end of financial year is round the corner and the deadline of March 31 is hovering over the mind of individual taxpayers so that they can invest the minimum amount required to reduce their income tax liability by max possible amount.
Now first question which must to your mind that why there is requirement of quorum at all Purpose of Quorum in board meeting is to prevent mala fide intention of one director or two directors suppose there had not been requirement of quorum then even one director or two directors could have held board meeting […]
