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Stimulus Package for Industry: COVID-19 impact

March 27, 2020 1509 Views 0 comment Print

Due to Corona virus (Covid-19) GOI has announced 1.76 lakh Cr relief package for poor section of the society so that at least they can have their food without much problems. Good and timely in initiative. Similarly, because of COVID-19 Industry also need such package for their losses. But considering the overall market scenario, we […]

How is LLP Boosting India’s vibrant startups Ecosystem?

March 27, 2020 1044 Views 0 comment Print

Limited liability Partnerships are one of the most common company types that are mostly preferred by individuals due to many reasons. As the name suggests, it is a partnership firm that involves two or more individuals that consists a significant feature of a limited liability. Before establishing an LLP, Limited Liability Partnership Registration Process must […]

COVID-19- Relaxation in Compliances

March 27, 2020 3027 Views 0 comment Print

As all the Companies except those belonging to essential commodity sectors has temporarily suspended its manufacturing and operational facilities, in compliance with the directive guidelines to prevent Coronavirus Disease 2019 (COVID-19) issued by the Government of India. The developments arising due to the spread of the COVID-19 have warranted the need for temporary relaxations in […]

Definitions of export, import, exporter & importer under different acts

March 27, 2020 31242 Views 0 comment Print

♦ Definition of ‘Export’ & ‘Exporter”  Under Foreign Trade Policy Export- Is as defined in FT (D & R) Act, 1992, as amended from time to time.  Note: Definition of export under foreign trade policy is same as defined in FT (D & R) Act, 1992 which is given below. In other words definition of […]

Recent changes in due dates relating to GST returns

March 27, 2020 4956 Views 1 comment Print

Analysis of Various due date in Press Release Dt. 24/03/2020 of FM In View of Covid-19 Union Finance & Corporate Affairs Minister Smt. Niramla Sitharaman announced several important relief measures taken by the Government of India in view of COVID-19 outbreak, especially on statutory and regulatory compliance matters related to several sectors on 24 March […]

Annual General Meeting of Company under companies Act, 2013

March 27, 2020 9723 Views 1 comment Print

Article explains about Annual General Meeting, Purpose of Holding Annual General Meeting, Period of Holding Annual General Meeting, Business to be transacted at an Annual General Meeting, Day for Holding Annual General Meeting, Time for Holding Annual General Meeting, Place for Holding Annual General Meeting, Default in Holding Annual General Meeting, Report on Annual General […]

Planning To Buy a Property In Delhi?

March 27, 2020 6342 Views 1 comment Print

A popular quote written by anonymous says ‘Owning a home is a keystone of wealth…’.This is quite true especially in urban areas where every single person is juggling with daily life problems and being able to manage accommodation of his own is a dream come true for many”.  So, before achieving his dream of a […]

Format of Letter of Postponement of Board Meeting

March 27, 2020 35226 Views 0 comment Print

Under Section 173 of the Companies Act, 2013, companies are required to hold board meetings. However, for some reason, the companies have to postpone their board meeting for reasons beyond their scope of control. Here is a draft format for postponement of a board meeting. Users are free to modify as per their requirements. Format […]

Japan Income Tax, 2019 – New Revelations

March 27, 2020 2127 Views 0 comment Print

Japan is in the process of shifting its goal post for Olympic Games 2020 to 2021. But its income tax details for 2019 are already out and helping millions to understand, and implement by filing tax returns at point of need. Yes, let us understand Japan Income Tax, 2019 in details for a common man. […]

U S Taxation, 2019: Individual tax – Form 1040, line 9, Itemized deductions

March 27, 2020 1509 Views 0 comment Print

Nothing satiates my heart than when some- one paying American tax for the tax year 2019, enquires about technical questions about its preparation. Yes, believe me some one telephoned and held detailed discussions on item No. 9 on Form 1040, intended for an individual tax. Line No. 9 popularly called as “Itemized deductions” has been […]

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