Latest Post and Updates

Section 55 of the Companies Act, 2013 read with Rule 9 of the Companies Act (Share Debt and Capital), 2014 allows the Company to issue preference redeemable shares. Section 55 (1) imposes a ban on the issuance of irredeemable preference shares. This article provides an insight into the issue &…

Are you perplexed and unable to decide whether to file an ITR? Have you heard elsewhere that if your income is less than the basic exemption level, you should skip filing an ITR? Before you decide not to file your ITR, read on to learn about the benefits of submitting…

As provided for in the Companies Act of 2013, every company registered under the Companies Act 2013 or previous rules whether a private limited company, public limited company, small company, OPC, and category 8 company are required to file annual returns and annual tax returns whether they worked or not.…

The phrase "box office" may be dated back to the early Elizabethan era. When the general people used to attend to theatres to see plays, they were given seats on the ground level, commonly known as the 'pit.' Private boxes on the balcony were available for the wealthy class. Tickets…

Are you also, looking for filing up of invoice of business? In that case you have landed up on the right place. The submission of 'e-Way Bills' on the unified GST platform facilitates the delivery of products from one location to another. Similarly, in its 35th meeting, the GST Council…

When one fiscal year finishes and a new one begins, it serves as a reminder to all company’s registered in India to mark their calendars for all of the crucial due dates for Company Annual Filing. Be it a Private Limited Company or a Public Limited Company, a Small Company…

Company annual filing refers to the completion of the audited annual financial statements of the Company and the report of the Directors and the company's annual return with the Registrar of Companies. This annual supplement is mandatory for every registered Company regardless of whether the Company does business or not.…

Exemptions, rate rationalisation, expansion of relaxations to Covid supply, exports, ITC, debit notes, late penalties, inclusion of specific items / services in tax net, and other decisions were made by the GST Council. The information is contained on the inside pages of this newsletter. All such recommendations will be carried…

When it comes to banks, we are all about banks and the system it provides when you visit or open a bank account. Bank and money are the words we commonly use in our daily lives, when we put our money in the bank we take it as the safest…

The government introduced the Gold monetisation plan in 2015 with the goal of mobilization Gold and facilitating its usage for economic purposes, which would also assist reduce India's reliance on Gold imports in the long term. India is the world's second-largest Gold importer. The implementation of the Gold programme will…