Children attend school unaware of things going in and around them, with a belief that they would get to know at school from their teacher the things that are going around them. But to their fate they are just taught what is in their books and that they need to excel in their book knowledge […]
We all are aware (or may be some of us are already fed up) with the news of CoVID-19 which is pandemic and led to thousands death tolls around world with Italy the most affected country. Likewise CoVID-19 has reached in India through residents who have visited and/or returned from affected countries. In India, the […]
Cabinet approves INR 48,042 Crore package to boost Electronic Components manufacturing John F Kennedy famously quoted “Use two brush strokes to write the word ‘crisis.’ One brush stroke stands for danger; the other for opportunity. In a crisis, be aware of the danger–but recognize the opportunity.” At the current level of dependency on China from the raw materials to the […]
All you need to know about form car (company affirmation of readiness towards COVID- 19) As we as a whole know, the Novel Coronavirus (COVID-19) has influenced more than 110 nations, including India. Given the size and degree of its spread, The World health organization (WHO) has proclaimed it a Pandemic. Aside from human torment, it additionally causes major […]
Startups and businesses with higher growth aspiration popularly choose Private Company as suitable business structure. The business entity gets recognised as a Company through its registration under Companies Act of 2013 in India. Private Limited Company: The Company shall be a private Company within the meaning of Section 2(68) of the Companies Act, 2013, limited by shares […]
With the introduction and the subsequent adoption of Ind AS by many Indian companies, the emphasis on valuation has increased. The basis of value is closely related to the purpose of a given valuation exercise and can often vary. Selecting an appropriate basis of value is critical. For example, Fair Value is generally used for […]
On 24th march 2020 the Central Government thorough the gazette Notification[1] raised the threshold limit for default as prescribed under Section 4 of IBC, 2016 to from Rupees One Lakh to Rupees One Crore for initiation of insolvency proceeding under the Code.
For Exporter, refund of GST is available under Section 54 of CGST and SGST Act. Refund is available in following cases 1) IGST paid on Zero rated supplies 2) Tax paid on inputs for Zero rated supplies (Export supplies) 3) Inverted Duty Structure 4) If taxable person has paid excess tax by mistake 5) Excess […]
Article explains recent Amendment/Relaxation by RBI, SEBI, Ministry of Corporate Affairs, CBIC, Ministry Of Labour And Employment and ESIC in view of outbreak of COVID-19. it Contains Relaxation announced by the RBI governor on 27 March’2020, Relaxations from compliance with following provisions of SEBI LODR, Changes in Income Tax, GST and Custom duty Law with […]
Notification/ Circular/ Advisories Issued by the Ministry of Corporate Affairs in view of COVID-19 outbreak 1. Special Measures under Companies Act, 2013 (CA-2013) and Limited Liability Partnership Act, 2008 in view of COVID-19 outbreak In order to support and enable Companies and Limited Liability Partnerships (LLPs) in India to focus on taking necessary measures to […]
