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Converting a Section 8 Company to a Private Limited Company

Converting a Section 8 Company to a Private Limited Company

The Conversion of a Section 8 Company into a Private Limited company is one of the strategic and significant transition is to adapt the changes in the business evolution. While both businesses share a common objective to serve the interest of society, but, their operational framework and structures are different.…
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GST on OIDAR Services of provisions by Foreign Firms Starting Oct 1, 2023

GST on OIDAR Services of provisions by Foreign Firms Starting Oct 1, 2023

OIDAR sеrvicеs еnclose a broad rangе of digital sеrvicеs that involvе accеssing or rеtriеving the information and data from onlinе databasеs or platforms. This includеs popular sеrvicеs likе: Onlinе strеaming sеrvicеs (е.g. and music and moviеs and TV shows) Cloud storagе and filе sharing sеrvicеs Onlinе lеarning and еducation platforms…
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Merger Implications under Companies Act

Merger Implications under Companies Act

In the dynamic world of business deals, mergers and acquisitions (M&A) are essential strategies used by organizations to expand their market presence, maximize their resources, and boost their competitiveness. Slump sales are one of the key methods used in M&A, among many others. This article analyses the intricacies of slump…
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Private Placement companies act 2013

Private Placement companies act 2013 under Section 42: Process, Provisions, Forms, and Rules

Section 42 i.e. Private Placement of the Companies Act, 2013 and Rule 14 of Companies (Prospectus and Allotment) of Securities Rules 2014 provides the legal framework for private placement in India. Private placement is a crucial mechanism for companies to raise capital without going through the rigorous process of a…
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GST provisions related to GTA

GST Compliance: Filing Choices for GTA Taxpayers

This article provides an overview of the functionalities available on the Goods and Services Tax Network (GSTN) portal for Goods Transport Agency (GTA) taxpayers under GST.  This blog outlines new GST provisions related to GTA online filing options for both existing and newly registered GTAs regarding the payment of GST…
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A Guide to Travel Insurance

Tax Savings: A Guide to Travel Insurance

A Guide to Travel Insurance :In today's world of wandеrlust and еxploration the travеl insurancе has bеcomе an incrеasingly crucial еlеmеnt of any wеll plannеd trip. Bеyond safеguarding against the unforеsееn еvеnts and it can unlock surprising tax bеnеfits and adding the anothеr layеr of valuе to your travеl invеstmеnts.…
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Merger of Indian LLP with Company

Merger of Indian LLP with Company: Analyzing Casus Omissus Principle

The merger of Indian LLP ( Limited Liability Partnership) with a company is a complex process that requires careful consideration of various legal and regulatory aspects. One of the key principles that come into play during this process is the Casus Omissus Principle. Table of content Understanding the Casus Omissus Principal…
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Unpaid Invoices Under GST

Unpaid Invoices Under GST

Ever bought something and well, forgotten to pay for it? It happens to the best of us! But when it comes to taxes in the world of business it becomes a bit tricky. This article breaks down the impact of non-payment on two key taxes: Goods and Unpaid Invoices Under…
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CESTAT Clarifies Tax Implications

CESTAT Clarifies Tax Implications

CESTAT Clarifies Tax Implications: Confused about the tax implications of transporting ash from factories to disposal areas? You're not alone! A decision by the CESTAT court in Chandigarh clarified the issue, bringing good news to businesses involved in ash transportation. This blog post dives into the details, explaining why moving…
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File ESIC Return in India

File ESIC Return in India

The Employees' State Insurance Act, of 1948 (ESI Act), was the first major legislation on social security for workers in India. File ESIC return in India is important. The ESI Act 1948, encompasses certain health-related eventualities that the workers are generally exposed to; such as sickness, maternity, temporary or permanent…
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