This article discusses GST compliance for service providers eligible for the QRMP scheme up to ₹5 crore turnover. It clarifies why businesses must maintain monthly accounting, tax tracking, and ITC reconciliation despite quarterly filing.
The article examines how conflicting Supreme Court judgments in Rainbow Papers and Raman Ispat created uncertainty regarding the status of tax dues under the IBC waterfall mechanism. It highlights the unresolved issue of whether statutory tax claims rank as secured or operational debts.
Applying Exception 2 to Section 375 IPC, Rajasthan HC ruled that no rape offence could be made out against a legally wedded husband where wife was an adult. Court therefore quashed the FIR and all consequential proceedings.
The Allahabad High Court observed that throwing non-vegetarian food waste into the River Ganga could hurt the religious sentiments of the Hindu community. However, the Court granted bail after finding that the accused had expressed regret and the investigation would continue unaffected.
The Madhya Pradesh High Court ruled that the Bhojshala-Kamal Maula complex is a protected Hindu temple dedicated to Goddess Vagdevi after relying on ASI survey findings and historical evidence. The Court quashed the 2003 ASI arrangement permitting namaz and restricted worship rights exclusively in favour of Hindus.
The revised MSME classification limits under Union Budget 2025-26 significantly widen access to government subsidy, guarantee, and credit support schemes. More enterprises can now qualify for MSME benefits.
Section 56 of Companies Act, 2013 requires execution of a proper instrument of transfer for transfer of interest of a member in a company not having share capital. Instrument must be executed by or on behalf of both transferor and transferee and delivered to company
A group health insurance coverage provides medical expenses for a group of people, especially employees of an organisation or a co-operative society. This type of policy offers benefits like daycare treatments, covers hospitalisation costs, and AYUSH treatment.
Sections 339 and 340 explain corpus and deemed corpus donations, investment conditions, and rules for religious place renovation funds.
Explore key governance and compliance gaps uncovered during IPO due diligence, including POSH, filings, capital structure and records.
