According to the Income Tax Act, 1961 of India, Income Tax is levied on all individuals, HUFs, partnership businesses, LLPs, and companies. Individuals are taxed according to the slab system if their income exceeds the minimum threshold level (known as the basic exemption limit). In this article, we will be discussing Income Tax Rates for FY […]
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The taxation system is the backbone of a country’s economy, ensuring that revenue is stable, management of economic development and that industrial activity is care of. India’s three-tier federal system includes Union Government, State Governments, and Local Bodies, all of which are in charge of the various taxes and charges that apply in the country. […]
The principle of majority rule is at the heart of corporate democracy. The principle of majority originated with the rule of Foss v Harbottle, in which individual shareholders have no legal recourse for any wrongdoing by the corporation and that any action brought in respect of such losses must be brought either by the corporation […]
Working capital is an accounting phrase that you may not hear much about, but it could be the key to your company’s success. Working capital has an impact on many elements of an organization, including paying staff and vendors, keeping the lights on, and planning for long-term growth. In a nutshell, working capital is the […]
Foreign Investment Policy regulates direct foreign investment in a country’s production or business by a person or firm from another country. For developing countries like India, foreign direct investment (FDI) is an essential source of finances. These investments represent a significant non-debt financial resource for the country’s economic development. The process of foreign investment in […]
Within 30 days of its incorporation, a corporation must have a registered office. In the Memorandum of Association (MOA) and Articles of Association, the registered office is indicating (AOA). It is the official address of a company that forms under the Companies Act 2013 or any previous company law. The procedure for changing a company’s […]
We live in a dynamic world that is becoming complex. Environmental, social, cultural, and economic challenges on a global scale have now become a part of our daily lives. Profit maximisation is no longer the main business performance metric for corporations, but acting as responsible corporate citizens who have a responsibility to society. Companies in […]
The notion of a company’s independent legal personality is the one that serves as the foundation and a fundamental principle of corporate law in modern legal systems around the world. This idea provides the corporation with an identity that is distinct from its owners, members, or founders, granting the company the status of an artificial […]
Section 361 of the Companies Act, 2013 specifies a short process for the dissolution of corporations. The Central Government appoints an Official Liquidator to oversee the liquidation procedures. The summary procedure specifies a mechanism for winding up other than insolvency due to incapacity to pay debts. Let us briefly discuss Procedure of Modes of Winding […]
All business organizations that already gain Foreign Direct Investment (FDI) or undertaken International Capital overseas with in preceding year along with the existing year are required to submit FLA Return. In other words, organizations who do have international financial assets on their balance sheet items, must file a FLA Return. Foreign Liabilities and Assets Annual […]
Financial reporting is required for businesses since it offers information on a company’s current state as well as its compliance with financial, corporate social responsibility, and accounting requirements. At the conclusion of each fiscal year, public and private limited firms must produce a financial document known as the Board of Directors Report under Companies Act […]
A director may resign from his office by giving written notice to the Company, and upon receipt of such notice, the Board shall take note of it, and the Company shall notify the Registrar, as well as include the fact of such resignation in the report of directors laid before the Company’s immediately following General […]
The Companies (Amendment) Ordinance 2018 requires all companies registered on or after November 2, 2018, to file a certificate of the beginning of the operation. Form 20A is a declaration by the directors within 180 days of the company’s establishment. This is one of the most critical compliances to follow since the consequences for failure […]
Public firms have permission to provide loans, guarantees, and securities under the Companies Act, 1956. They can do so as long as they acquired prior clearance from the Central Government. Section 185 (as changed by the Companies (Amendment) Act, 2017): Limits the restriction on loans, advances, and other financial transactions to Directors of the company or […]
Additional capital shares are issued through Right Issue to raise subscribed share capital of a registered company. Instead of offering shares to the general public, the Company issues shares to existing shareholders in proportion to their current holdings. It is a highly effective strategy for increasing the Company’s share capital. The issue is so there […]
The purpose of an Annual General Meeting (AGM) is for the company’s management and shareholders to engage. The Companies Act, 2013 mandates the holding of an annual general meeting to examine the financial performance, the appointment of an auditor, and other matters. Some of the business that can be transacted at a shareholder meeting and such […]
When you acquire a product or service from a dealer, you must pay sales taxes. You collect this tax when you sell. You adjust the taxes paid at the time of purchase with the amount of production tax (tax on sales), and the balance of tax liability (tax on sales less tax on buy) is due […]
When a bigger firm buys at least 50% of a company’s stock, the small company becomes a subsidiary to it. When the main firm gains control, it appoints a board of directors to manage the subsidiary business. There is one question that may arise in the mind of people; is a grant from a […]
In India, trusts established for charitable purposes and certified by the Income Tax Department are not only exempt from paying taxes, but contributors to such trusts can deduct the amount donated to the trust from their taxable income. Moreover, in India, philanthropic activities include “relief of the destitute, education, medical aid, preservation of monuments and […]
The Representation of the People Act, 1951 governs political groups in India (RPA). A certain organization of Citizens as well as group of particular Indians claiming to be a political entity must apply towards the Election Commission to be recognized as a political group as per Section 29A of a RPA in opportunity to involve […]
While the European Union, NATO, the United Kingdom, and the United States have announced stringent trade restrictions; and sanctions against Russia, our Hon’ble Prime Minister Sh. Narendra Modi has already begun his strategic action plan to evacuate the stranded 20,000 Indians, including students; in war-torn Ukraine, either by airlift or by road via Poland. […]
Over the last two decades, India has undergone tremendous industrial progress. As a result, foreign direct investment is increasing in the country (FDI). This has inspired non-resident Indians (NRIs) to regard India as a potential investment and profit-making destination. Every day, the Ministry of Corporate Affairs makes the country more business-friendly. With so many alternatives […]
Do you own a computer? Do you use it for your personal use or for business purposes? Yes, if you own a computer, you should be awareof thedepreciationrate on Computer Accessories and Peripherals.So, if you are using it for business than while calculating taxable business income assessee can claim deduction of depreciation at 40% but […]
Introduction Most business owners are aware that trade marking is a vital initial step in beginning a company, but how much do you know about Trademarks in particular? It’s critical to grasp the ins and outs of Trademarks and Trademark protection in order to safeguard the brand you’ve worked so hard to build. With this […]
Money isn’t everything; however, it is a critical component in the life of an individual. Money helps us reach our life’s ambitions and supports – the things we care about most passionately – family, education, health care, charity, adventure, and pleasure — in addition to meeting our fundamental requirements. It enables us to get some […]
The rate of change of the value of the currency in a country is usual event that takes place due to floating exchange rates; this is the case for the majority of big economies. Exchange rates are influenced by a variety of variables, such as a country’s economic performance, inflation expectations, interest rate differentials, capital […]
When filing your ITR return or contacting the Income Tax Department, you may come across the phrases PAN and TAN. Understanding these words ahead of time makes the ITR filing process much easier. The question “What are PAN and TAN?” will be discussed in this article. We’ll also figure out the difference between the two and procedure for […]
Did you realize that the estates of the deceased might be taxed? It may sound strange that a deceased person’s income tax returns must be submitted if he/she has taxable income. His legal heir/representative is responsible for filing the return on his behalf for the income generated till death. The legal successor may register on […]
The timely and regular payment of taxes and submission of returns guarantees that the government has funds available for public welfare at all times. In addition, there are several penalties under the Act to ensure that taxpayers do not fail on paying taxes or giving information. Hence, a penalty is a type of punishment levied […]
By introducing uniformity and openness to the Indian tax system, the GST (Goods and Services Tax) has transformed the outlook of the Indian tax system. It is amongst the most major tax reforms implemented to eliminate the previous tax system’s cascading effect. Since the implementation of GST in India, the GST rate structure has undergone […]
Funding is essential for a company to not only invest and expand but also to run its day-to-day operations. When a firm needs to raise money, it may consider debt, stock, venture capital, and other methods. Banks, non-banking financial companies, debt funds, and companies are increasingly relying on private placements of listed and non-listed Non-Convertible […]
TDS was created with the goal of collecting tax directly from the source of revenue. According to this notion, a person (deductor) who is required to make a payment of a certain sort to another person (deductee) must deduct tax at source and send it to the Central Government’s account. On the basis of Form […]
A new tax planning comes into force by inserting a new section in Income Tax Act, 1961, which is known as Section 115BAC of Income Tax Act, 1961. The main characteristic of this new tax system issued by the Income Tax Department is that it has lower tax rates than existing slab rates, but the […]
The Limited Liability Partnership (Amendment) Rules, 2022 have been published by the government. Further, Rules 5, 18, 19, and 37 have been amended. Moreover, new regulations are introduced regarding the allotment of a new name to an existing LLP under Section 17 (3), the adjudication of penalties, the appeal against the order of the adjudicating […]
Are you in a confusing state and not able to make up your mind, whether to file ITR, Or did you hear elsewhere that if your income is less than the basic exemption amount, you should forego submitting your Income Tax Return? Before you decide not to submit your ITR, read on to learn about […]
You’ll need one thing for each of these activities, whether you’re trying to buy a car or a house, participate in the stock market, or convert your Indian rupees to foreign currency. You may wonder how these two have a connection. The PAN card is the solution. Let us discuss briefly PAN Card Importance and […]
Foreign Direct Investment (FDI) seems to have been a significant non-debt financial resource towards India’s national economy, especially in addition to being such a crucial driving force behind economic. Attracting investment in India primarily benefit from lower salaries and unique structural reforms such as lower taxes, among other things. Moreover it implies gaining technical expertise […]
Some employees on the payroll of group firms (including management and non-management cadre) work for the Parent company. We can recover the cost of such personnel from the Parent firm by raising a debit note on an actual cost basis. Let us discuss TDS Implication on Reimbursement of Employees in brief. Table of Content TDS […]
The Reserve Bank of India will process in the Legal Entity Identifier (LEI) system for all investors in the currency financial derivatives, foreign exchange derivative instruments, and structured finance over-the-counter growth in India. So due to the severe recession, the LEI code is design as a primary parameter to enhance the reliability and credibility of […]
The Internal Revenue Service has given taxpayers with a number of Claim Deduction for Rent Paid Under Section 80GG of Income Tax Act by which they can reduce their taxable income and hence their tax payments. However, there are various deductions that taxpayers are aware of and can take advantage of when filing their income […]
Introduction In today’s society, Trademark infringement is widespread. People in all walks are adopting a Trademark that is deceptively similar to somebody else’s trademark. With the increase in trade and economy, as well as the aging process, diverse intellectual property (IP) issues occur. Either of these difficulties is the labeling of book title, theatrical, and […]
All About the Annual Information Statement (AIS) – Income Tax Department initiates a new function and makes an update in Form 26AS, this update in Form 26AS which provides extensive information is called the Annual Information Statement (AIS). It is a type of extensive view of information that shows information of taxpayer regarding his each […]
The two sides of a coin are profit and loss. Losses, of course, are difficult to accept. However, the Income-tax law in India does afford some benefits to taxpayers who suffer losses. Let us understand the Provisions of set off and carry forward of losses and their principles. Set-off and carry-forward provisions are included in […]
In the current climate, the cosmetics industry is not only thriving in India, but it is also predicted to grow in the next five years. Businesses involved in herbal cosmetics will also continue to promote the expansion of the beauty sector in 2018. In India, awareness of cosmetic goods and treatments is at an all-time […]
Union Budget of 2021 amends the Income Tax Act of 1961 (“Act”) to prohibit depreciation on an organization’s goodwill. The Income Tax Act prohibits depreciation on self-generated goodwill. From 01st February 2021, devaluation on utilizing goodwill of an ownership interest will be not being permissible. Goodwill is specifically immune from the ‘Intangible Assets’ group. Furthermore, […]
We agree that Return Filling Process for tax audits can sometimes be tough, particularly the cases since you are youth and have just received a few Income returns. Nevertheless, the benefits of the same are way more than the amount of time needed to submit it. And it is the obligation of all the people […]
With effect from Assessment Year 2019-20, a new deduction under Section 80PA of Income Tax Act 1961 has been permitted to encourage producer enterprises to market and process agricultural produce. In India’s income tax regulations, under Chapter VI-A, under the heading ‘C. – Deductions in respect of certain incomes,’ there are provisions for various profit-related deductions […]
Financial Elements to Understand for Startup Entrepreneurs are some steps that need to be followed in today’s world for setting up any business venture by young entrepreneurs. It plays an important role in lifting the business to heights and for the growth of business in the modern world. Now, let us discuss some of the […]
The Government of India has established Income Tax laws governing the taxable income of all individuals who are individuals, HUFs, Companies, Firms, LLP, People’s Organizations, and any other legal person. Everyone eligible to become a citizen of India is required to pay tax on the income taxable. Every financial year, taxpayers are required to file […]
The poultry business produces countless work opportunities in the nation and is vital for the public economy. The poultry business is to a great extent absolved by the provisions of the Central Goods and Services Tax Act, 2017. Nonetheless, there are sure issues that need detailed analysis and clarifications. In this article, we will concentrate […]
Introduction Plenty of us have considered donating to charity and helping the community at a certain stage in life. It is admirable to contribute to a cause that sincerely believes in and create change. Given the noble nature of this act of kindness, the government fully supports charitable services. Donations to charitable organisations are tax-deductible […]
Table of Contents Introduction Goals of Income Tax Search and Seizure Income Tax Raids Authority to conduct search and Seizure Power Rights of Individual During Search and Seizure Conclusion Introduction One of the most important powers of the Income Tax Department is the ability to conduct a search in a tax evader’s home, followed […]
Indian taxes are classified into two types: direct taxes and indirect taxes. When it comes to direct taxes, they are imposed on the revenue derived by various corporate organisations over the course of a fiscal year. There are various types of taxpayers who are enrolled with the Income Tax Department and pay taxes at various […]
A One Person Company (OPC) is a one-person company that is formed under the Companies Act of 2013 and is fully managed and controlled by a single person. Because OPC falls under the definition of “Company” as defined by the Companies Act, 2013, it is required for OPC to appoint the first auditor of the […]
Dividend income, payment, and reporting have undergone significant changes in the previous and current fiscal years, with recipients facing increased taxation and reporting requirements. Most people now prefer to invest in stocks and securities, and as a result, many people receive dividend income. Furthermore, because many companies pay dividends, disclosing and other regulatory standards pertaining […]
When a company receives foreign investment, the Reserve Bank of India (RBI) issues Form FC-GPR. As a result of such investment, the business could issue shares to a foreign investor. Furthermore, the company is required to file specifics of such share allotment using Form FC-GPR. Table of Contents The objective of FORM FC-GPR Legal Framework […]
Nirmala Sitharaman” The Finance Minister of India displayed the fourth Budget of the Modi 2.0 government today (1st of February). The budget recommendations for this fiscal year are focused on health and well-being, infrastructure, inclusive development, energy transition and climate action, investment financing, and ‘Minimum Government, Maximum Governance,’ she stated. India’s economic growth is predicted […]
Annual Compliances under SEBI Listing Regulations are pathways or obligations which are issued by SEBI for the purpose of encouraging healthy business among the parties by promoting transparency in transactions. Let us discuss some of the Annual Compliances under SEBI Listing Regulations. Table of Contents Annual Compliances under SEBI Listing Regulations Types of Annual Compliances […]
A private limited company in India is represented under the Ministry of corporate issues (MCA). Registering a company is simple as it is done totally online. To register a company in India at least two individuals are needed to go about as directors and investors. To register a Private limited company in India the Director’s […]
A company can be called as a Section 8 company that has gotten itself registered as NGO or charitable association and has gotten a Certificate of permit from Central Government. Not-for-profit associations give a platform where there can be immediate connections between the general public and its well being for its turn of events. Its […]
Is Income Tax Return Filing Difficult in India? Before we actually proceed towards the question mentioned above, Firstly we should know about what is Income Tax Returns(ITR). ITR is a type of form in which individual files their information regarding their Income accompanied with taxes to the government of India. Table of Contents Is Income […]
Venture capital (VC) is a type of private equity investment offered by Venture Capital Firms or funds to start-ups, early-stage, and rising businesses that have shown high growth (in terms of number of workers, annual revenue, etc.).Let us discuss about Registration of Venture Capital Funds under SEBI in details. Key Terms with regard to Registration […]
Overseas Direct Investment (ODI) is a type of investment that is made outside the Indian Territory by Indian companies with foreign entities. It stands for Overseas Direct Investment in India. We can do ODI through various ways for example, by contributing to the capital or subscription into a foreign entity. We can also purchase the […]
GST, which has been carried out from 1st July, 2017 has worried the majority of citizens and business because of its compliance requisites. What it means about the taxes in real estate sector got different views from industry specialists. Starting the article, it will attempt to bring up the issues included which will help in […]
Presented in India by the new Indian Companies Act of 2013, the One Person Company (OPC) is absolutely a welcome means for innovative or entrepreneurial foundations by people. This type of Company joins the advantages presented by sole proprietorship and an appropriately incorporated limited company. The essential benefits presented by an OPC are the characteristics […]
Table of contents Taxpayers’ Charter: A guide for all taxpayers Section 119A of the Income Tax Act Rights of taxpayers Obligations of taxpayers Final words Taxes are the lifeline for any economy and it plays an important role in maintaining the payment of tax and development of a country. The Income Tax Act in India […]
Is there a separate code required for Import and Export? No different Code is needed for Import and export and a similar IEC can be utilized for both. Many individuals have a wrong idea that a different IEC code is required, however, it isn’t accurate. Just a single registration is required which is compulsory for […]
LLP (Limited Liability Partnership) is a business entity that provides the benefits of limited liability of the company to its members and allows to manage its management regularly as agreed upon in the event of a partnership. This article discusses all you need to know about the LLP agreement. Table of Contents- What is an […]
Form 26AS is a consolidated tax credit statement containing all the details of different taxes that are deducted on income at source (TDS). The details are classified quarterly and client-wise based on TAN (Tax Deduction Account Number). In this article, we are going to discuss the importance of checking Form 26AS before filing Income Tax […]
Section 96 of the Companies Act, 2013 provides that each company other than a one person company will in every year hold an Annual General Meeting of its investors and not over 15 months will exceed between the date of one Annual General Meeting of the company and that of the next. Table of Contents […]
The Indian Copyright Act, 1957 provides the provisions to grant the copyright of unique work. Copyright ensures musical, creative, artistic, emotional, architectural, cinematograph films, computer programmes and sound recordings. Copyright in sound recordings is fairly limited and restricted than copyright in different works. This article will explicitly discuss all that you need to be familiar […]
As we probably are aware India is a significant maker and exporter of Spices. Additionally, it is perceived as a productive business in India. Any individual can begin a spice business as a small, medium and large scale business according to their investment. Spices are a fundamental fixing in cooking. None of the Indian food […]
Due to the pandemic there are a large number of compliances under the Companies Act, 2013, (Act). The additional timelines have been provided by the Corporate Ministry to comply with considering business ease. In this article we are focusing on all the upcoming mandatory compliances which have to be complied as per the Act for the […]
Usually, we register a company with the idea of the business we wanted to do and for some reason, it does not work, we do not even start work. Also, there are times when we register a company for a future project and that is why those companies are not working yet. There are various […]
In 2016, the Prime Minister of India Shri Narendra Modi proclaimed the Startup India campaign to foster entrepreneurship in our country. The Start-up India action plan focused on boosting bank financing for startups, streamlining the incorporation of the startup process, and grant of various tax exemptions and other benefits to startups. A condition to avail […]
Today, a large number of companies have begun to obtain trademark registration. Applying for a trademark before the completion of the registration process involves a risk as the trademark application may be rejected at any time. If your application is rejected your company name will be compromised. All your energy, time, effort, and money will […]
Introduction Despite being a relatively new development in the field of business, there has been a noticeable increase in the number of entrepreneurs opting for Limited Liability Partnerships (LLPs) in recent years. There are numerous reasons for this trend, including the low cost of formation, fewer restrictions and compliance, and, most importantly, the flexibility that […]
Any business whose aggregate turnover exceeds INR 40 lakh (excluding Northern East area and Hill state which requires INR 10 lakh as year’s turnover) is mandate to be registered under GST by the concerned taxable person. Such taxable person becomes a mandate taxpayer registered under GST. The payments on collected GST filing are to be […]
Table of Contents Introduction Enhanced independence criteria for Independent Directors Timeline for obtaining Shareholder Approval for Each Director’s Appointment, including IDs Additional Information requirement in terms of Regulation 36(3) during Appointment and Resignation Composition of Nomination and Remuneration Committee Approval of RPTs only by IDs of Audit Committee Conclusion Introduction SEBI (Listing Obligations and Disclosure […]
GSTR 3B is a Return that must be completed by a Regular GST Taxpayer. It includes a summary of the outward supplies made as well as the details of the Input Tax Credit. Normally, the due date for filling out GSTR 3B is the 20th of the following month, but the government has the authority […]
The Ministry of Corporate Affairs (MCA) is the government’s portal that contains the list and details about the Indian incorporated companies. The portal maintains detail of all types of companies including Limited Liability Partnerships (LLPs). On the portal, you can check a company’s registration number, date of incorporation, directors, type of the company, etc. Table […]
The goal of the Indian government is to increase the production and quality of exports from India under the “Make in India” policy. The Indian government also provides many incentives to the exporters. Export incentives are certain benefits that exporters receive from the government such as import duty and compensation for expenses incurred in exporting […]
The department for promotion of industry and internal trade was established in the year 1995 with an objective to promote and develop industrial activities. In 2018, DPIIT was assigned to deal with the matter relating to e-commerce, internal trade, welfare of the traders and their employees and start ups. Notwithstanding it the DIIPT also now […]
Introduction Where a company is formed and enrolled for a future task or to hold a resource or intellectual property and has no critical financial transaction, such company or an inactive company might make an application to the Registrar for acquiring a status of the Dormant Company. In this blog, we will study about Dormant […]
There is a saying that ‘Health is Wealth,’ which means that when a person maintains good health, everything else falls into place. Understanding the importance of health and the services provided by the health service sector, the Central Government exempted health care services from the levy of GST, making health care services more affordable to […]
Design is an art which gives a visible form to the ideas of the mind or invention. Thus, an Industrial design rights are defined as the part of the intellectual property rights which confers the rights of exclusivity to the visual designs of the objects. It guards the appearance, style, design of the industrial object […]
Copyright is a form of intellectual property that gives an exclusive right to the creator of literary, dramatic, musical work, computer program, artistic work, cinematography and sound recording for a certain time period. The creators of these works get copyright immediately after expressly making an expression and requires formal registration. Further, copyright law protects the […]
The board of directors is the supreme authority in charge of a company’s management and control. They have a fiduciary duty to the company and its shareholders, which means they are responsible for conducting the company’s affairs in a way that ensures success and profitability while also enhancing the company’s image and reputation. The Board […]
Introduction The repayment of money spent by a person is referred to as reimbursement of expenses. This frequently occurs in business transactions when a supplier incurs expenses on behalf of the recipient who is meant to incur the expenses. In most cases, tax is only applied to the profit margin, not to any reimbursement amount […]
Planning avoids expensive court disputes later. Regardless of how good your relationship is with your partner while entering into a partnership, you should take into account a legally shaped partnership agreement. The article highlights all you need to know about the Partnership Agreement. Table of Contents- Partnership Agreement Features of the Partnership Agreement Prohibition Agreements Things to address in a […]
The RERA (Regulation and Development) Act of 2016 came into effect on 25 March 2016 after which 7 union territories and 19 states have drafted and introduced the Regulations governing property projects. Developers now have to register their Housing Projects with the relevant Real Estate Regulatory Authority. The article highlights the important due dates and […]
Under the RERA Act, promoters must to register their real estate project to sell, advertise, market, book or buy. The promoters must apply to the authorities for registration. In this article, we look at the RERA registration for a project. Table of Contents- Real estate project: Defined Who needs to register? The Application under RERA […]
What is CSR? Corporate Social Responsibility or CSR is a managerial theory wherein corporate houses acknowledge their social and environmental responsibilities and incorporate them into their corporation’s operations. Thus, CSR is the medium through which a company achieves a balance of economic, environmental and social imperatives. Such an approach is often called the “Triple-Bottom-Line- Approach”. […]
The term notice is derived from Latin word “notitia” which means “a being known” or a knowing is wide enough in legal circle to include a plaint filed in a suit. A notice is simply an information or warning or reminder of something registered in a writing form which holds legal value. Table of […]
The word significance of the expression “audit” is check, review, examination, and so on. There are different sorts of audit mentioned under various laws like company law requires an company audit, cost accounting law requires an cost audit, and so forth. The Income-Tax Law requires the citizen to get the audit of the records of […]
MSME stands for micro small and medium enterprises which are the cornerstone for any developing country. To help and advance MSMEs, the Government of India through different sponsorships, plans and incentives advance MSMEs through the MSMED Act. To profit, the advantages under the MSMED Act from the Central or State Government and the Banking Sector, […]
The establishment of Companies Act, 2013 permitted India to have an advanced enactment for development and regulation of corporate area in India. The demonstration was ordered considering the changing monetary and business climate both locally and worldwide to work with business-accommodating corporate regulations, further develop corporate administration standards, upgrades responsibility on the part of corporate […]
Trademark is an example of intellectual property. It could be a term, gadget, phrase, logo, or any mixture obtained by any organization or corporation to distinguish their commodity from the commodities of other firms. It is also referred to as the “Brand Name”. Any corporate organisation, individual, or legal body could hold a trademark. The […]
Agriculture is supposed to be India’s principal employment. It is sometimes the only source of income for India’s massive rural population. The country as a whole is completely reliant on agriculture for its fundamental food needs. The government has a plethora of plans, laws, and other measures in place to support growth in this industry, […]
GST (Goods and Service Tax) is a tax regime that is encouraged by the Government to promote an integrated business based in India. It allows every inspector to self-assess his or her tax liability and submit timely refunds to the government without the substantial intervention of any tax official. As the state places greater emphasis […]