SEBI issued circular on 22nd January, 2020 and revised the existing Standard Operating Procedure (SoP) to incorporate the amendments to Listing Regulations and streamline the SoP for dealing with non-compliance. Further, the circular says that listed entities are required to inform their promoters about this circular. Read- SEBI SOP for suspension & revocation of trading […]
Amidst the lower gross domestic product, requirement of government expenditure and management of taxpayers’ expectations, Budget 2020 has proposed much-awaited and promising changes in terms of tax rate reductions, extension of exemptions for start-ups, etc., while also addressing some of the needs for reviving the economy. 1. Relief for start-ups and its employees: Start-ups have […]
Maintaining books of account at a place other than Registered Office | Section 128 | Companies Act, 2013 Article contains Statutory Provisions related to Maintaining Of Books Of Account At A Place Other Than The Registered Office or at a place outside India under Companies Act, 2013, Penalty if the books are not been maintained […]
Section-Wise Analysis of Proposed Income Tax Amendments by Finance Bill, 2020 1) INSERTION OF Section 115BAC The new Sec. 115BAC has proposed to be inserted to provide an option to Individual or HUF’s to pay tax at lower rate subject to certain conditions. This section is optional and the option shall be exercised for every […]
Duty to Register Charges under Companies Act, 2013 It shall be the duty of every company creating a charge to register the particulars of the charge signed by the company and the charge-holder together with the instruments in Form (creating or modifying the charge in Form No. CHG-1 (for other than Debentures) or Form No. CHG-9 (for […]
Tax Research Foundation presents here Clause by Clause Analysis of Union Budget 2020-21. Analysis is divided in nine parts which are Tax Rates for Financial Year 2020-21, New Optional Individual Tax Rate, Changes in Various Business Taxation Provisions, Changes Capital Gain Taxation, Changes in International Tax, Tax Administration and Compliance, Amendment in Provisions related to […]
(1) These rules may be called the Companies (Incorporation) Amendment Rules, 2019. (2) They shall come into force with effect from 25th February, 2019. Applicability All companies incorporated on or before 31st of December, 2017 shall file the particulars of the company and the address validation of the registered office in E-Form INC – 22A […]
Tax Harassment will end – assures FM while presenting union Budget 2020 Trusting every citizen, the aspirational youth, the hard-working women, the risk-taking entrepreneur, the ever hopeful and untiring farmer or the wise and old senior citizen. Many among them are taxpayers. Others may not be taxpayers today. Our Prime Minister has laid before us […]
India’s aspiration to become a $5 trillion economy depends critically on promoting ‘pro-business’ policy that unleashes the power of competitive markets to generate wealth, on the one hand, and weaning away from ‘pro-crony’ policy that may favour specific private interests, especially powerful incumbents, on the other hand.
The ‘Startup India’ campaign of the Government of India recognizes entrepreneurship as an increasingly important strategy to fuel productivity growth and wealth creation in India. Given this initative, this chapter examines the content and drivers of entrepreneurial activity at the bottom of the administrative pyramid – over 500 districts in India.
