Charge Under Companies Act, 2013 Charge specially gives security and empower the charge holder that in case the Company makes a default for the repayment of the loan than chargeholder can get the claim amount from the security which was charged by the Company in favour of the charge holder. Filing of Charge is necessary […]
Composition scheme is an option available to SME taxpayers with minimal compliance/filing requirement. The intent is to ease the process of doing business for SME taxpayers and reduce their undue harassment. The idea of this article is to provide the reader with complete insight of these schemes. The article is drafted primarily with GST point […]
Conducting Annual General Meeting (AGM) by companies through Video Conferencing (VC) or Other Audio Visual Means (OAVM) MCA General Circular No. 20/2020 dated May 05, 2020 On April 08, 2020, Ministry of Corporate Affairs (MCA) had issued a General Circular No. 14/2020 (Circular-1) for passing of resolutions of members in the Extra Ordinary General Meeting […]
Before we start understanding why gold prices are rising let’s have a quick look at the facts about the Gold in India, -India in the past had the glory of being called GOLDEN BIRD (Sone ki Chiddiya) -Rate of gold at the time of Independence Year 1949 and as on Year 2020 Year Rate/10Gms (in […]
This article unwinds the features of the new tax structure,compares the new tax scheme v/s the old to provide you with relief from the dilemma. The tax regime to choose to pay the minimum tax will depend upon individuals and is purely based on income and investments made by the taxpayer.
CLARIFICATION ON HOLDING ANNUAL GENERAL MEETING (AGM) THROUGH VIDEO CONFERENCING (VC) OR OTHER AUDIO VISUAL MEANS (OAVM) Ministry of Corporate Affairs has taken several measures to help the Companies. It has made some of the provisions of the law flexible to ensure the Compliance of law even in this Pandemic. Now the clarification given by […]
NCLAT declined to accept the stand of the Financial Creditor that, Article 62 of the Limitation Act, will be applicable for counting limitation under Section 7 of the IBC and further held that only Article 137 of the Limitation will be applicable on the Application under Section 7, 9 and 10 of the IBC.
On 6th of May 2020, CBIC has issued Circular No 138/08/2020-GST clarifying certain challenges being faced by the Registered Persons in implementation of GST Laws in the wake of outbreak of Covid-19. The Circular clarifies issues related to The Insolvency and Bankruptcy Code, 2016, Merchant Exports and Job Work Return in Form GST ITC – […]
Since mother’s day is falling on 10th of May, I thought I would discuss certain things which you can do for your mother to make this day special for her from financial perspective. Let us discuss what all you can do to help her. Give her an annual preventative health check up As all the […]
Establishment of Branch Office (BO)/ Liaison Office (LO)/ Project Office (PO) in India by Foreign Entities India has largest and fastest developing market in the world and has finest human resource in the world. India is also promoting foreign entity to setup his BO/LO/PO in India. ♦ Branch Office: Brach office can carry same activities […]
