Discover the important trade facilitation measures and changes in GST rates for goods and services discussed in the 54th GST Council meeting held on 09.09.2024.
Learn about the process, benefits, and drawbacks of converting loans into equity. Understand the steps involved, including shareholder approval, regulatory filings, and potential limitations.
The 54th GST Council meeting held in September 2024 discussed online gaming taxes, cancer drug GST cuts, and proposed reforms on medical insurance premiums and cess.
Section 230 of Companies Act, 2013, outlines procedures for compromises and arrangements between companies and creditors or shareholders. Learn about NCLT approval process.
Understand tax implications of financing a wholly owned subsidiary through loans or equity, covering Sections 36(1)(iii), 57 of IT Act, and 186 of Companies Act.
Angel tax removal promises easier investments for startups. However, concerns over valuation, existing litigations, and tax authorities challenges remain unresolved.
Section 40A(3) restricts cash payments exceeding ₹10,000 in business transactions. Exceptions apply for specific cases like transporters, government payments, etc.
Captain Vikram Batra’s bravery in Kargil War is unmatched. Should the Bharat Ratna be awarded to him? It’s time for the government to decide or abolish the award.
Learn the step-by-step procedure for reducing share capital under the Companies Act, including NCLT approval, board resolutions, and compliance requirements.
Explore whether a company can issue preference shares as bonus shares, with legal insights and recent precedents from TVS Motor and Sun Pharmaceuticals.