How to seek Extension for AGM (Annual General Meeting) for the year ended on 31.03.2020 after MCA General Circular No. 28/2020 dated 17th August, 2020 The office of Ministry of Corporate Affairs (MCA) has received several representations for providing relaxations in the provisions of Companies Act, 2013 (the Act) or rules made thereunder to allow […]
‘Information by itself is meaningless until it’s interpreted and analyzed to capture insight and harness innovation.’ Management Information System popularly known as MIS is a systematic organization and presentation of information that is generally required by the ‘Decision maker’ of an organization.
What is Venture Capital Assistance Scheme? Venture Capital Assistance Scheme or VCAS is ‘financial support in the form of an interest free loan provided by SFAC to qualifying projects to meet shortfall in the capital requirement for implementation of the project.’ Th primary aim of the scheme is to target Agri Business entrepreneurs through financial […]
Mindfulness activities mean those activities by doing them our mind become calm and energetic. In today’s technological advanced environment it is not always easy to keep our mind calm and energetic. Mind fatigue is more stressful than physical fatigue. So let’s see what Mindfulness Activities one should do to keep oneself calm and always energetic:- […]
RBI: Role of Chief Compliance Officer (COO)–Discussion on compliance function in banks Reserve Bank of India vides its communication dated September 11, 2020, informed that in order to have an effective compliance culture, independent corporate compliance function, and a strong compliance risk management program at the bank and group level, an independent compliance function is […]
Taxability of Joint Development Agreement (‘JDA’) under Income Tax Law Joint Development Agreement (‘JDA’) is the most common and popular form of arrangement for constructing properties in our Country. It is a preferable form both to the Developer and to the Landowner. But there are some issues regarding the taxability of JDA under Income Tax […]
The Covid hit life and economy continues and all of us are becoming used to it and both co-live together. The economy is still weak and looking at various options on how to recover and move forward. Presently in India, local lockdowns are in force depending upon local situation as nationwide lockdown is not considered […]
Frequently Asked Questions (FAQs) on the SEBI Settlement Scheme, 2020 One-time opportunity for settlement to the entities that have executed reversal trades in the stock options segment of BSE during the period from April 1, 2014 to September 30, 2015 against whom any proceedings are pending. Scheme issued by the Securities Exchange Board of India […]
Need to further extend various time limits under Income Tax in view of the challenges faced by taxpayers in meeting the statutory and regulatory compliance requirements across sectors due to the outbreak of Novel Corona Virus (COVID-19).
Article explains Maintenance of accounts by certain persons carrying on profession, Maintenance of accounts by certain persons carrying on business, Limits for Individual & HUF for maintenance of accounts in case of business or profession, Maintenance of accounts by other person, Penalty for contravention of provisions related to Maintenance of accounts and Important Notes related […]
