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Pioneering Precedent: NCLAT’s Inherent Authority to Recall Judgments

September 1, 2023 1581 Views 0 comment Print

NCLAT possesses inherent powers, as outlined in Rule 11 of NCLAT Rules, 2016, enabling them to recall a judgement in cases involving procedural errors.

Unfathomed GST demands on personal guarantee given by Directors

September 1, 2023 5181 Views 0 comment Print

GST audits are being carried out by the department and notices are being issued impetuously, as we are nearing the last date to issue show cause notice for non-fraud cases of FY 2017-18. Out of the many audit points, demanding GST on personal guarantees given by Directors is one of the burning issues.

Corporate Guarantee: An Emerging Suit Under GST

September 1, 2023 7032 Views 1 comment Print

A corporate guarantee is a contract between a corporate entity or individual and a debtor. In this contract, the guarantor takes responsibility for the debtor’s obligations, such as repaying a debt.

MSME Registration: Process and Benefits

September 1, 2023 4356 Views 2 comments Print

Understand the MSME registration process, benefits, and how it can boost your business. Access government schemes, lower interest rates, and more. Learn the step-by-step procedure and required documents for a hassle-free registration on the Udyam portal.

How to Improve Your Chances of Getting Approved for a Personal Loan with Low Credit Score

September 1, 2023 933 Views 0 comment Print

If you’re trying to apply for a personal loan with a low credit score, the first step is understanding exactly what a credit score is. In simplest terms, a credit score is a numerical representation of your creditworthiness, or how likely you are to repay borrowed money.

जीएसटी एक्ट की समीक्षा

September 1, 2023 2502 Views 0 comment Print

28 फरवरी 2006 को वार्षिक बजट में भारत में पहली बार वस्तु व सेवा कर की प्रणाली का उल्लेख किया गया था। जिसका प्राथमिक उद्देश्य एक एकीकृत कर समाधान लागू करके अप्रत्यक्ष प्रणाली में बहुत बड़ा बदलाव लाना था। 1 जुलाई 2017 से संपूर्ण भारतवर्ष में वस्तु एवं सेवा कर अधिनियम लागू किया गया । […]

Implication of Cash transactions under Income Tax Act, 1961

September 1, 2023 7869 Views 0 comment Print

Through Income tax Act, 1961 cash transaction has been limited, restricted in certain cases. In this article you will get insights about how much you are allowed to transact in cash.

What documents are required for a business loan?

September 1, 2023 756 Views 0 comment Print

Securing a business loan can often feel overwhelming and intricate. Obtaining a business loan involves a thorough evaluation of the associated risks by lenders. They require specific documents that provide crucial insights to accurately assess your creditworthiness.

Bank Nifty’s Role in Financial Sector Resilience

September 1, 2023 648 Views 0 comment Print

In this article, we delve into the vital role that the Bank Nifty index plays in bolstering the financial sector’s resilience, with a particular focus on its significance in today’s ever-evolving economic landscape.

Why you must buy a super top-up plan for health insurance?

September 1, 2023 912 Views 0 comment Print

Health insurance is a fundamental monetary wellbeing net that offers individuals and families the help they need in the midst of health-related crises. By covering a significant amount of medical expenses, it contributes to the reduction of the financial burden that may be brought on by unanticipated illnesses or accidents.

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