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GST applicability means to whether or not a specific goods and service (G&S) is comes under the GST in India. It is a wider indirect tax, which can replace various previous existing indirect taxes. GST is levied on the supply of G&S and its applicability on all stages of the…

Equity shares with differential rights refer to shares that provide specific rights or privileges to certain shareholders, which differ from the rights enjoyed by other shareholders holding the same class of shares. This concept has been a part of Indian company law since 2000, but it was only with the…

The introduction of the Goods and Services Tax (GST) in India has been a major tax reform aimed at unifying the indirect tax system in the country. While most industries are now subject to GST, there are certain sectors, including the banking and financial services industry, that are exempt from…

The Ministry of Corporate Affairs (MCA) has introduced a new version of the Form SPICe+ and other related forms, which is known as MCA V-3. This new version aims to simplify the process of registering a company and carrying out other related activities. As a result, the MCA has asked…

Foreign direct investment (FDI) is when a company controls the ownership of a business entity in another territory or country. With FDI, foreign companies are directly involved in day-to-day operations in the other country. This means that they bring with them not only money but also knowledge, skills, and technology.…

When a company receives foreign investment, form FC-GPR is issued by the Reserve Bank of India (RBI). Accordingly, the company will issue shares to a foreign investor for such investment. The company is also required to give details of such allotment of shares using Form FC-GPR. In this article, we…

GST has made easy the tax return filing process by accumulating information about the goods and services of sellers and customers under one head. The GST Council and the Finance Ministry have developed a system of Goods and Services Tax Network where taxpayers are required to record all information about…

A Full-Fledged Money Changer is a company that carries out business activities such as forex currency after prior approval from the Reserve Bank of India (RBI). These companies are sanctioned under the Foreign Exchange Act of 1999. The RBI permits business entities to handle foreign exchange for specific purposes. These…

In recent years, there are various new notifications with regard to the filing of Form 10F introduce. Central Board of Direct Taxes (hereinafter referred to as CBST) has notified these notifications. In India, it is the main authority for overseeing institutions of direct taxes. These notifications aim to give instructions…

Export is a significant term for multinational trade. It includes the sale of goods/ services from one country to another. In India, there are various rules, regulations, and procedures have been introduced to promote exports by the Indian Government. It makes the procedure simple for exporters. One such regulation is…