GIFT City Listing: Public Shareholding Requirement Lowered to 10% from 25%
Clarification on mechanism for providing evidence of compliance of conditions of Section 15(3)(b)(ii
If you are an applicant in the for registration with Central Pollution Control Board (CPCB), it migh
As the ITR and audit season approaches, tax professionals and taxpayers are on their toes to get the
GST Updates: Highlights of 53rd GST Council Meeting
The Indian labour law landscape is rapidly evolving as per the contemporary needs. It is important t
BIS Certification for Portable Fire Extinguishers or Wheeled Fire Extinguishers is a complex process
This Standard covers Cast aluminium and its alloys – Ingots and castings for general engineering p
BIS Registration for Wood Based Boards/Block Boards, guarantee that they adhere to strict requiremen
The Ministry of Commerce and Industry has issued a Quality Control Order called the "Cookware, Utens
BIS certification for stainless steel vacuum flasks and bottles ensures that these products meet spe
A holding or subsidiary company needs to comply with CSR provisions only if it meets the eligibility
Those start-ups that fulfil the undermentioned definition, as prescribed under G.S.R. notification 1
Independent organizations that work for social and charitable purposes are called as Non-Governmenta
The business of security agencies is flourishing in India. These security agencies provide the servi
Import Export Code, popularly known as IEC code, shall be obtained by any person who is willing to s
The MSME enterprises, especially micro and small enterprises faced significant delays in receiving p
Initial Public Offering, popularly known as IPO, is the offer of shares by a company to the public a
Foreign parent companies often send their employees to provide specialized services to their Indian
The Finance Bill, 2024 seeks to amend certain provisions of Central Goods and Services Tax Act, 2017
Section 185 of Companies Act, 2013 governs the provisions relating to loans to directors by the comp
The income tax authorities conduct assessment proceedings if they do not agree to the tax informatio
Equity shares are the most common share type issued by any company. However, apart from equity share
Nidhi companies are a type of Non-Banking Financial Companies (NBFCs) that function under the Nidhi
The reassessment provisions have seen significant changes in the past 2-3 years. The government has
The Income Tax Act, 1961 lays down certain provisions which give power to the Assessing Officers (AO
There’s a popular saying, ‘If you think compliance is expensive, try non-compliance’. This is
Many companies offer residential facilities on rent-free basis to their employees. As per income tax
Trusts are created for social, charitable and religious purposes in India. However, they are not lim
Optionally convertible debentures are primarily the debt instruments that allow companies to raise c
Taxes form an important component of the Indian Government’s revenue that is used to create the ne
The Companies Act, 2013 has placed certain compliances to increase the transparency in operations an
Incorporating a company is quite a long process as compared to proprietorship, partnership or LLP. H
The government has placed in transfer pricing regulations in India to ensure transparency and avoid
If you are operating or planning to start a food business in India, then you need to apply for the F
Goods and Services Tax (GST) law has become the principal indirect tax law that has subsumed almost
Non-Resident Indians (NRIs) are subject to TDS if they earn any income from India. If the NRIs are l
As the demand for international financial services increase, there is a strong need to set up busine
As we progress, new investment avenues are emerging and are becoming popular among investors. New wa
Opening a Liaison Office (LO), Project Office (PO) or Branch Office (BO) is the ideal option for for
Non-residents can reap benefits of these tax treaties by submitting the necessary documents. Tax Res
Recently, the GST Council made several recommendations in there 52nd council meetings held on 07.10.
The Income Tax Department has notified the new angel tax rules that indicate the mechanism for deter
Economic Cooperation and Development (OECD) published a new Manual on Handling of Multilateral Mutua
Till 31st March 2020, the dividend income was exempt in the hands of shareholders because the compan
The appointment of Independent Director under the Companies Act, 2013 ensures that there is a need o
In order to curb plastic pollution and encourage proper management of plastic waste, the government
Following were the complete details relating to the importer’s obligations under the plastic waste
The India-UAE CEPA covers 11 service sectors and over 100+ sub-sectors. The most prominent sectors u
Above was the detailed information concerning how to write off export receivables under FEMA. Export
Section 148 of the Income Tax Act, 1961 (ITA) empowers the Assessing Officer (AO) to issue a notice
International taxation is one of the most complex areas of taxation as it not only involves national
For obtaining CDSCO registration in India, you need to make an application online by signing up on t
There has been exponential growth in the use of batteries across various industries in line with the
50th GST Council Meeting was held on 11-07-2023 in which Council has recommended multiple changes in
If the above recommendations of 50th GST Council Meeting on ISD are implemented, then the distributi
Understanding the calculation of customs duty on imported goods becomes equally important for the im
ASC Group, a reputable firm of Chartered Accountants, can provide valuable assistance in setting up
The 50th GST Council Meeting took place on 11th July, Tuesday, in New Delhi, observing a momentous m
Auditors are responsible for expressing their opinion whether the financial statements of an entit
Above were the detailed eligibility criteria for SME company listing on the recognised SME stock exc
Giving unsecured loans to others is a routine transaction conducted by most people. However, to ensu
Following were the detailed provisions relating to the removal of directors of the company. The comp
Section 44AB of the Income Tax Act, 1961 lays down the applicability of income tax audits. Let’s u
Taxpayers have to pay taxes in the country of their residence or from which they accrue or receive i
Following are the detailed requirements and current provisions relating to the tax on dividend incom
In a significant development for India's tax landscape, the Goods and Services Tax (GST) Council is
Electronic Cash Ledger (ECL) Under Customs From 01st April 2023
Goods and Services Tax (GST) drive has been a significant reform in India's taxation system since it
Setting up plastic recycler plant for plastic waste presents a great opportunity to build a sustaina
Audit trail has become an important component of accounting software. Mostly all the accounting soft
The Delhi High Court has recently ordered the refund of Goods and Services Tax (GST) collected from
The Corporate Tax Law shall be applicable to both resident and non-resident persons. Further, the re
The Goods and Services Tax Network (GSTN), the backbone of India's Goods and Services Tax (GST) syst
The Central Board of Indirect Taxes and Customs (CBIC) has recently implemented an advanced solution
The Central Board of Indirect Taxes and Customs (CBIC) has announced a reduction in the e-invoicing
The government has bought a significant change in the Prevention of Money Laundering Act, 2002 (here
Rajasthan High Court in M/s R.K. Jewelers v. Union of India [D.B. CWP No. 4236 of 2023 dated April 2
The GloBE rules by OECD are an important development in the fight against base erosion and profit sh
Finance Minister Nirmala Sitharaman has stated that the online gaming industry has the potential to
In a significant boost to the Indian economy, Prime Minister Narendra Modi lauded the highest-ever G
The new Goods and Services Tax (GST) rules for businesses with an annual turnover of over ?100 crore
The Chhattisgarh High Court has recently passed a judgement that allows the reimbursement of additio
Extended Producer Responsibility (EPR) plays an important role in this regard. It places responsibil
Calcutta High Court recently made a landmark ruling in favour of recipients of services under the Go
According to recent reports, the Goods and Services Tax (GST) collections in India are expected to b
GST officers in India have recently uncovered a large-scale tax evasion by offshore entities providi
The Indian government is set to announce a new national retail trade policy and an accident insuranc
The raid was conducted on the basis of a tip-off received by the tax department, which suggested tha
GST registration frauds, especially those involving multiple filings and supply of manpower, are a s
Social security obligations for expats are a crucial aspect of employment law in India that expatria
The Delhi Government is actively promoting ease of doing business. In a recent move, they approved 7
The performance of SME IPOs is noteworthy and surprising considering that the equity markets failed
The Authority for Advance Ruling (AAR) has recently ruled that employee services provided from a bra
Expats are those people who are seconded or deputed to the sister concerns whether in the same count
The Committee of Officers on GST Audits, a group of experts responsible for developing guidelines fo
According to a recent report by the National Institute of Public Finance and Policy (NIPFP), the Cen
The Delhi government is taking steps to plug revenue leakages in the Goods and Services Tax (GST) sy
In recent news, several banks and insurance companies in India are facing GST notices for allegedly
The Karnataka High Court recently issued a ruling permitting the Superintendent of Central Tax to pa
According to a recent report, the performance of the Goods and Services Tax Network (GSTN) has stead
This article highlights the importance of patience and long-term thinking when it comes to stock mar
The demand for a lower GST rate on services linked to flat construction has been made by builders an
The Delhi government is set to introduce a new mobile application named 'Maaptol Grievance' to allow
Supreme Court of India recently ruled on the levy of GST on the secondment or deputation of employee
Like companies, partnership firms and LLPs, cooperative society is another common form of the consti
Common public understanding of the taxation law states that charitable trusts have been exempted fro
Relocating to another country temporarily or permanently for work or settlement is not an uncommon o
dual employment for expats in India, including its mechanism, key aspects such as employer and compl
The Extended Producer Responsibility (EPR) placed responsibility on the producers to deal with end-o
Learn about deemed exports in India, including the definition, benefits, prerequisites , and taxatio
Imports and exports in any country are chargeable to certain duties like customs, cess, anti-dumping
Duty drawback under customs is put in place to allow rebate of the customs duty that was paid at the
Form 67 – Foreign Tax Credit shall be submitted along with your Income Tax Return. However, it is
legal guide explains the rules and requirements for the declaration of dividends by Indian companies
This article provides a step-by-step guide on preferential allotment under the Companies Act, 2013.
Learn about the requirements for obtaining an income tax clearance certificate in India for individu
The state GST department has unearthed a scam with a new modus operandi where 1,500 Aadhaar cards we
The Indian GST authorities have proposed prosecution against an e-insurance intermediary for generat
The CBIC Chairman said, although GST was implemented, there was a GST tax base of Rs 45-50 lakh, tha
Conversion of LLP into a private limited company comes with ample of benefits for the business. It a
The CBIC board has informed the Bombay High Court that it won't object to a petitioner approaching t
The Government collects tax breaks at each stage making it a long supply chain where the government
The government of India has given 6 months more till July 15, 2023, to edible oil manufacturers to d
The Ministry of Consumer Affairs has authorized the legal metrology officers of states to implement
The bonus issue of shares is essentially the issue of equity shares to the existing shareholders at
In this article we have highlighted key highlights of Budget 2023 on GST with Interpretation and ana
Budget 2023 by Nirmala Sitharaman was presented on 1st February 2023 and it was indeed a revolutiona
The government issued a notification making certain amendments to the existing plastic waste managem
Extended Producer Responsibility (EPR) focuses on placing responsibility for environmentally sound b
This is in reference to the recent notification number G.S.R. 910(E) regarding, “Legal Metrology P
This is a recent ruling regarding, in the matter of M/s S.B. Traders. v. The Superintendent [W.P. No
Following this, India introduced the provisions relating to Country-by-Country Reporting under the I
The CBIC vide Notification No. 26/2022 – (Central Tax) dated December 26, 2022 has issued ‘the C
Tata Group has approached the Bombay High Court to contest a Rs 1,500-crore GST notice issued by the
Though the report of the Group of Ministers on online gaming did not come up for discussion at the G
It has covered annual GST returns filed by firms in the first 2 years of the tax regime 2017- 18 and
The GST Council is likely to meet in-person in next year February, after the Union Budget 2023-24 pr
The 48th GST Council met under the Chairmanship of Union Minister for Finance & Corporate Affairs Sm
The Telangana AAR ruled that work contract services for constructing warehouses and cold storage for
Earlier, the CBIC vide Notification 83/2020-Central Tax dated November 10, 2020 (“the Notification
Teams of the Legal Metrology department carried out surprise inspections at several gold shops in Vi
In Firozabad, the GST department is running a vigorous raid campaign in the matter of tax evasion, d
The United Arab Emirates (UAE) issued a corporate tax law that will impose a 9% corporate tax in UAE
A trademark basically distinguishes your offerings from those of your competitors. Therefore, it is
Copyrights are one of the most important intellectual properties. It protects your original works ag
The Central Board of Indirect Taxes and Customs Legal Cell has issued Letter vide F. No. 275/11/2022
The SCOMET items is stated in Appendix 3 of Schedule 2 of the ITC (HS). The product listed under SCO
The GST Council said "The 48th Meeting of the GST Council will be held on 17th December, 2022 by vid
We have to rationalise rates under the Goods and Services Tax,…reduce the number of slabs and relo
Amidst an ongoing tussle between the Karnataka government and cab aggregators, the state government
External Commercial Borrowings are commercial loans that are raised by eligible resident entities fr
To discourage gambling and betting related games, the GST Council is likely to hike the tax rates fo
The Union Finance Minister Nirmala Sitharaman met infrastructure industry experts at the customary p
When it comes to compliance with laws, Secretarial and Legal due diligence ensures that the entity a
The government is considering removing the penal offences which are already covered under the IPC fr
In accordance with the RBI Act of 1934, supervises the process by which companies are registered und
The central government has made a significant step to boost the health insurance sector. The governm
Principal Chief Advisor Amit Mitra to the Chief Minister of West Bengal wrote Union Finance Minister
Foreign Direct investment is the investment made by a person resident outside India in a business en
An official said here on Friday, the Maharashtra Goods & Services Tax Department has busted a GST sc
For the month of October India's GST collection has surpassed the INR 1.5 lakh Cr. mark for the seco
The Chandigarh administration collected ? 203 crore GST in October, which is the first month of this
According to official sources, with inflation likely to remain elevated for a longer period and key
The GST Council is prone to meet within the first half of November to debate the reviews of the pane
Companies are often required to liaison with the governmental authorities as well as understand the
This is to highlight that the Government is considering a GST dispute settlement scheme offering a t
Foreign companies may set up a project office in India to execute a specific project. A project offi
Setting up a branch office in India is a common method for foreign companies to extend their busines
This is to highlight that now businesses with annual turnover of over Rs 5 crore will have to move t
Any company having different branches/establishments/ units in different cities or places may nomina
The company law in India lays down explicit provisions governing the valuation. Section 247 of the C
The Goods and Service Tax Network has issued a new module for GST stakeholders. These functionalitie
According to Government sources, it is informed that Delhi's Goods and Services Tax (GST) collection
The Punjab finance, planning, excise and taxation minister Harpal Singh Cheema has stated that the s
It is clarified that these extended timelines are applicable to the compliances for F.Y. 2021-22 onw
As per the new notification, the department of Legal Metrology has put an extension on the implement
Amendments made in Finance Act 2022 notified w.e.f 1st October 2022 vide Notification No. 18/2022
The Central Government has appointed 1st October 2022 as the date on which the provisions of section
This is regarding news dated 25-09-2022. As per a press report, the Directorate General of GST Intel
Foreign contributions usually occur when it comes to serving social and environmental causes. In Ind
The said notifications have laid down the guidelines and rules related to issuance, further utilisat
As per the government for generating E-way bill for Gold it is mandatory for all the items belong to
Credit risk and delay in payments are a common struggle in business, especially for Micro Small and
Convenience charges and GST will be applicable if income tax is paid using the 'payment gateway' on
In view of the changes in the reporting of ITC in Schedules 4(B) and (D) of GSTR – 3B, every taxpa
The Legal Metrology (Packaged Commodities) Rules, 2011 ("Packaging Rules") govern pre-packaged goods
The government has issued notices to 63 manufacturers, importers and sellers of personal weighing an
The Department of Legal Metrology conducted a massive drive on Sunday ahead of the Ganesh Chaturthi
Any company that has received FDI or made any overseas investment shall be required to file the FLA
The income tax law has explicit provisions when it comes to charitable and religious organisations.
In order to understand the concept of Duty Drawback it is necessary to know that whenever imports ta
Whenever an entity undertakes any international transaction or specified domestic transaction, the t
Indian Accounting Standards largely converge with the International Financial Reporting Standards (I
External Commercial Borrowings (ECBs) are commercial loans raised by eligible resident entities from
Tax audit Report 3CD contains a pool of various clauses that keep on amending owing to the disclosur
This article comprises of compliances calendar due dates for the month of August 2022 which might be
The limit for e-invoicing is now being reduced from 20 crores to 10 crores from 01.10.2022. It means
This is in regard to the recent updation that have been made by CBIC in regards to the e-invoice app
The renting of a residential dwelling for use as residence is exempt from the levy of GST vide S. No
GSTN portal to open a common portal for all assesses to claim transitional credit for 60 days from 0
The GSTN has issued an advisory dated 21.07.2022 regarding the implementation of mandatory mentionin
The GST Council made recommendation to the Government to impose GST on “a person has given residen
The changes in reference to the GST rates, as recommended under the 47th GST Council Meeting will co
The RBI has taken a noteworthy initiative of promoting global trade in INR. An additional arrangemen
Intuit’s accounting solution QuickBooks will exit India in 2023. Intuit’s decision comes as a se
QuickBooks' exit from India has put its users in dilemma. Selecting an alternative to QuickBooks can
To further ensure better compliance and plug leakages, the GST e-invoicing to be expected to be mand
Vide, CBIC notification no. 13/2022 – CT, dated July 5th, 2022, the issuance of the order under se
Vide, CBIC notification no. 09/2022 – CT, dated July 5th, 2022 the amendments in Section 50 and Se
This article comprising of compliances and due dates for the month of July 2022 which is however sub
As per the recent news, the Government is planning to bring down the current mandated threshold of I
The 47th Council meet was held during 28th-29th June, 2022. The meeting was chaired by our Finance M
Finance Minister Nirmala Sitharaman chaired the 47th GST council meeting taking place in Chandigarh
The international tax treaties are complicated agreements involving multiple legal protocols. One of
The GST Council in its meeting during the 28 – 29th June, is likely to consider giving relief to t
Businesses usually pass on certain benefits and perquisites to their stakeholders that are usually n
GST Council likely to consider clearer framework to curb fake invoices GST Council in its meeting t
As per the news, the Goods and Services Tax (GST) Council is set to discuss a number of changes in t
Salaried individuals in India are one of the highest taxpaying citizens. Therefore, they are often i
As per the GST Council’s tweet on Saturday, June 18th, 2022, the location of the 47th meeting of t
The provisions relating to reassessment have undergone multiple changes over the past two years. Whi
However, the Board has been receiving reports of different practices being followed by the field for
The government introduced a major amendment in the Companies (Appointment and Qualification of Direc
A Circular (No. /DCCT(E-G)/CR-07/2022-23) has been issued by the Government of Karnataka, relating t
In India, owning a business comes with certain compliances which a corporate must comply before the
Mergers and acquisitions have been one of the most effective ways whether it’s about business expa
The Goods and Services Tax (GST) Council will likely meet in the second half of June, amid a new deb
The entire amount of GST compensation (Up to 31st May, 2022) payable to the States amounting to Rs.
The assessee responsible for deducting/collecting TDS/TCS faced difficulties in tracking such person
Haryana Revenue Department to start regular data sharing of Commercial Rent and Lease Deed with the
Section 80G of the income tax act provides deductions to the assessees in case donations are made to
Metrology is the scientific study associated with measurement and its uses in scientific fields, ind
GSTR-3B for the month of April-2022 is due on 20th May 2022. However, there have been some technical
This Article is a compilation of all monthly due dates of compliance for May 2022 related to GST, ES
Ind AS are the Indian version of International Financial Reporting Standards (IFRS) which are global
GST reconciliation has been one of the major concerns of the taxpayers. GST compliances involve the
The taxation on the sale of securities depends upon the head under which the income is classified. H
As per the press release posted on April 25th, 2022 by PIB Delhi, the Finance Ministry has clarified
The government has increased the scope of filing returns of income. It inserted four additional cond
The income tax department introduced the faceless assessment scheme to meet the shortcomings of the
Form GST PMT-02 is the electronic credit ledger in GST that displays the credit availed, utilised an
The government has come up with a new concept of ‘Updated Income Tax Return’ in Budget 2022 spar
As the world witnesses a transition to Web 3.0 technology, blockchain-based assets are the assets of
With various benefits put in place like gratuity, pension, insurance, etc., organizations are mandat
In continuation to the raids conducted around 1,890 locations from March 6 to 19 in Andhra Pradesh.
In continuation of the previous notification, the department has put an extension on the implementat
FY 2021-22 is about to get over. It’s high time you review your income and take steps to minimize
The Vigilance & Enforcement department raided around 1,890 locations from March 6 to 19 in Andhra Pr
Income Tax Act, 1961 works on a self-assessment basis where the assessee shall furnish the details o
India is all set to introduce four new labour law codes. Here’s a complete guide on Changes Labour
Usually, charitable activities are undertaken by forming a separate entity. This can be a trust, a s
Income Tax Act, 1961 offers benefits under Section 36(1)(v) and Section 10(25)(iv) to claim deductio
With the rising complexity of commercial transactions, accuracy and transparency have become paramou
Listed Companies benefit in terms of better opportunities to raise ample amounts of funds from vario
The Income Tax Department rolled out the new Annual Information Statement (AIS) from 1st November 20
Extension in time-limit to claim ITC under GST - It seeks to amend section 16(4) of the CGST Act, 20
During a special inspection drive conducted on the order of Controller Legal Metrology Department (L
Gigantic legislation like IBC,2016 will definitely face hurdles, bumps, pits in its journey towards
Bureau of Indian Standards (BIS) is the national body responsible for the promotion and development
This article guides to help obtain a profound understanding of FEMA Act 1999 Compliances & its impli
Expatriates in India exhibit that while we talk about brain drain from our country, many times, a re
The CBIC has issued Notification No. 39/2021–Central Tax on 21-12-2021 through which Section 16 of
While startup Canada is a lucrative option, multiple modes are there for starting a business in Cana
EPR Registration has been mandated by the CPCB dept. for all importers & manufacturers to obtain EPR
Bureau of Indian Standards (BIS) was established under the Bureau of Indian Standards Act, 2016 as t
Various regulations like FEMA, Company Act, Income Tax Act & SEBI mandate valuation tHere’s a comp
In order to widen the scope and increase clarity and transparency, certain amendments were made to t
This article provides complete guide for condonation of delay under the Companies Act, 2013 and Fore
Due Diligence can be described as an act of investigation, audit, inquiry, or review that is perform
Authorised Economic Operator (AEO) was a programme introduced under the World Customs Organization's
The mechanism of the private placement is governed by Section 42 of the Companies Act, 2013 read wit
After the pandemic, e-commerce portals became a preferred choice. Certain amendments were done in Le
In exercise of the powers discussed in section 52 of the Legal Metrology Act 2009, the Central Gover
Business Registration in India is the most favorable country for international companies. Company fo
Exports play a crucial role in ensuring a balance of trade for any economy. As per WTO’s data rele
Various provisions have been incorporated under the Companies Act, 2013 and various SEBI regulations
PLI Scheme for Automobile Industry is part of the overall announcement of PLI Schemes for 13 sectors
Six companies in India have withdrawn advertisements claiming that products manufactured by them off
The Legal Metrology Department has decided to attain surprise visits at fish markets to check scales
Company incorporation in Singapore is a relatively simple process regulated by the Accounting and Co
The basic foundation on which the Insolvency and Bankruptcy Code 2016 (IBC) is laid, is that of a de
A transfer price is a price that is used to value transactions between affiliated enterprises. In ot
Due to numerous advantages of PPIRP, a pre-packaged resolution for large corporates is the way to go
The role of SVB registration is to investigate the impact-related parties on transaction value of th
Advance Pricing Agreement (APA) India are of 3 types i.e. Unilateral, Bilateral & Multilateral. This
The GST council recommended changes in rate in respect of the supply of various goods and services.
In simple words, the EPCG scheme aspires to promote the quality of goods produced in India, ultimate
A special relationship between an Indian importer and a foreign supplier may impact the price of the
The Gujarat Authority of Advance Ruling in case of M/s WAGO PRIVATE LIMITED vide Advance Ruling /SGS
The Ministry of Commerce & Industry has issued Notification No.19/2015-20 on 17th August 2021 to not
The West Bengal Authority of Advance Ruling in case of M/s TERETEX TRADING PRIVATE LIMITED [Advance
With the Government approving the Production Linked Incentive (PLI) Scheme for white goods (air cond
THE MAHARASHTRA AUTHORITY FOR ADVANCE RULING vide NO.GST-ARA-65/2020-21/21-22/B-3 Dated 27.07.2021 o
The Government has issued notifications under Section 168A of the CGST Act, 2017, wherein the time l
This scheme is meant to provide financial assistance to start-ups in lines where a start-up has cert
Multi-discipline collaboration always make synergy beyond standard expectations. Specially, when we
Karnataka AAAR in case of M/s PAGE INDUSTRIES LTD [ORDER NO.KAR/AAAR/05/2021, dated: 16.04.2021] on
GST is a historic tax reform introduced on the 1st of July 2017. Over the years there has been a red
The Central Board of Indirect Taxes and Customs (“CBIC”) has issued Circular No. 150/06/2021-GST
It has been clarified that any catering service provided to an educational institution is exempt fro
The 44th GST Council met under the Chairmanship of Union Finance & Corporate Affairs Minister Smt Ni
In order to track the digital transaction and considering the use of technology in growing economy o
The 43rd GST Council Meeting was held on 28-05-2021, Friday via video conferencing chaired by FM Nir
The COVID-19 pandemic has extensively disrupted the constitution and functioning of the entire World
In light of the adverse circumstances arising on account of COVID-19 pandemic and considering severa
In light of the adverse circumstances arising on account of the COVID-19 pandemic and considering se
The nominee has to submit Form 5 IF to avail of the benefits under the EDLI scheme. This claim form
On account of difficulties faced by the stakeholders due to resurgence of COVID-19, MCA has provided
The Karnataka Authority of Advance Ruling in case of M/s Guitar Head Publishing LLP [Advance Ruling
All goods imported into India have to pass through the procedure of customs for proper examination,
The Hon’ble Supreme Court of India in the Commissioner of Commercial Taxes and Anr. etc. VS the Ra
With the new labor reforms being introduced in 2019-2020 & being implemented in 2021, which are abou
Kind reference is invited to the notification No.16/2020-Central Tax dated 23.03.2020, vide which su
The Central Board of Direct Taxes (Board), in exercise of its powers u/s 119 of the Income-tax Act,1
The controversy on taxability foreign software relates to the characterization of income in the hand
Section 17(2)(vii) of the Income-tax Act, 1961 (‘ITA’) provides that employer’s contribution t
The proposed scheme is likely to benefit major manufacturers of IT hardware products namely Laptops,
The budget was presented on 01-02-2021 and amendment was carried out in the Finance Bill, 2021 which
CBIC vide Notification No. 94/2020 – Central Tax dated 22nd December 2020 has amended CGST Rules,
A facility of ‘Communication Between Taxpayers’ has been provided on the GST Portal, for sending
A new Rule 86B has been inserted into CGST Rules, 2017 vide Notification No. 94/2020-Central Tax Dat
A registered person who is required to file Form GSTR 3B with aggregate turnover (hereinafter AATO)
In terms of Rule 138E (a) and (b) of the CGST Rules, 2017, the E-Way Bill (EWB) generation facility
The government’s efforts to check evasion of Goods and Service Tax (GST) and step up the indirect
India’s bankruptcy ecosystem needs to be more efficient to develop a market for stressed assets in
An authorized signatory, Mr. Sanjay Gupta on behalf of M/s. Neesa Infrastructure Limited filed the p
The Supreme Court held that an admission made in a counter-affidavit of the Corporate Debtor, in a p
A Composition taxpayer may now file NIL statement in Form GST CMP-08 for a quarter, through an SMS,
The Appellant is one of the Financial Creditors of the CD from whom the CD had availed various loans
Amidst the global economic turmoil that emerged due to covid-19, the Indian economy cannot remain im
The fact that the order of liquidation is for revival and not otherwise, the shareholder's alleged b
E-Invoicing’ has been one of the most discussed topics for the past month and it has made its way
With the globalization of businesses, interdependence amongst group companies has increased substant
This case brings us to the important issue of the involvement of adjudicating authority in the final
The Central Board of Direct Taxes (‘CBDT’) vide notification 82/2020 dated 01.10.2020 has brough
In the case of Hindustan Construction co. ltd. Vs. state of Bihar and ors an important issue was con
Keeping in view the hardships faced by the taxpayers due to COVID-19 lockdown and as some of these t
Applications u/s 7,9,10, the applicant shall serve a copy of application to the registered office of
The Hon'ble NCLAT set aside the order passed by the Adjudicating Authority (NCLT Mumbai Bench) and r
Section 194-O casting an obligation on the e-commerce operator to deduct income-tax at the rate of o
Recently Supreme Court had directed banks not to label the loans as non-performing assets even if th
Prime Minister Narendra Modi on 13 August 2020 launched a ‘Transparent Taxation – Honouring the
As per our reports, in the matter of Reliance communications (RCom) chairman Anil Ambani, there has
GST Council is likely to approve a two-year extension of compensation cess levy on goods and service
If you are a seller whose turnover or gross receipts in previous financial year exceeds INR 10 Crore
1. An offline tool has been made available to the taxpayers to match Input Tax Credit (ITC), as auto
Three year old insolvency proceeding of Auto Amtek may now move into liquidation due to winning bidd
Some chicken traders in the old city are allegedly cheating customers by manipulating electronic wei
NCLAT set aside the Insolvency proceeding of Sarda Agro Oils by stating the reason that the claims w
The GST Council, in its 39th meeting held on 14th March 2020, had recommended to adopt and implement
ASC Consulting Private Limited is registered in the Dun & Bradstreet Global Database and has bee
Have you ever been charged extra for ‘cooling,’ over and above the price listed on the product?
The Union industry department has asked e-commerce companies to tag ‘country of origin’ on all i
The petition was filed by the two flat buyers who had jointly booked a unit in APIL Sushant Golf Cit
The Central Board of Indirect Taxes and Customs (CBIC) vide Instruction No. 390/Misc/3/2019 – JC d
Introduction India is on the verge of becoming one of the fastest-growing economies of the world.
In 2016, the 9 (“Code”) was introduced in India. In such a short span of time, the Code has esta
Table 8A of Form GSTR 9 is populated on basis of documents in filed Form GSTR-1 or Form GSTR-5 of th
Looking at the challenges in the Company Law, the Government of India came up with The Insolvency &
Given, the limitations of the 9, 2016 (“IBC”) in determining the value of disputed claims duri
The time-bound resolution of distressed corporate entities is the most important objective of the In
The Suvarna Karnataka Chemists and Distribution Association (SKCDA) has sought clarification from th
The question of law which was framed by the National Company Law Appellate Tribunal (NCLAT) for its
When a company goes into liquidation its assets are sold to repay the creditors and business closes
With the emerging technologies and digitalization of activities, the practice of outsourcing various
The COVID- 19 pandemic & its consequential lockdown has affected businesses all over the world. To m
NEW DELHI: Nearly 371 categories of items such as toys, steel bars, steel tubes, consumer electronic
As per our reports, financial consultancy firm Duff & Phelps has dragged the Insolvency & Bankruptcy
The Goods & Services Tax Network (GSTN) Portal has now enabled facility of filing GSTR-4 Annual Retu
Ruling of the National Company Law Appellate Tribunal (NCLAT) in Flat Buyers Association v. Umang Re
Due to poor management of cash or less cash inflow than what is expected, the company can be decla
Insolvency is a situation where a legal person (including companies) is not able to pay to debts to
The Consumer Protection Act, 2019 comes into force on Monday, replacing the more than 3-decade old C
NEW DELHI: Selling packaged items at more than the maximum retail price (MRP) would attract Rs 5,000
Recently, the Insolvency & Bankruptcy Board of India (IBBI) has propo
CBIC has extended timelines for Compliances such as filing of Details
As per our reports, the National Company Law Tribunal, Mumbai Bench, on 03rd June, 2020 has held tha
E-commerce companies such as Amazon, Flipkart, Snapdeal and Paytm have started building tech platfor
NEW DELHI: The finance ministry on Friday said banks have sanctioned loans of about Rs 1,20,099 cror
A recent observation by the Maharashtra Authority of Advance Rulings (AAR) resulted in the ruling th
The assessees need to be very careful while reporting the values and giving declarations to the gove
As per our reports, the Insolvency & Bankruptcy Board of India (IBBI) recently in a discussion paper
Ahmedabad: The Gujarat high court has said that only the ‘Veggie Supreme’ of Pizza Hut can be a
Form GSTR-1 can be filed as a nil return if there are no outward supplies (including supplies on whi
As per our reports, the special insolvency resolution framework for MSMEs recommends a lot shorter t
As per the reports, the National Company Law Appellate Tribunal (NCLAT) has held that liquidation pr
The liquidator shall receive or collect the claims of creditors within a period of 30 days from the
The Indian Government had extended various due dates in the month of March 2020 under the Income Tax
In the Digital world, when every industry has come up with the idea of digitizing their platform, th
State-level stamp duties on loan deeds are discouraging micro, small and medium enterprises (MSMEs)
The CBIC vide Notification No. 48/2020 – Central Tax dated 19th June, 2020 has amended Central Goo
Micro, small and medium (MSME) enterprises are perhaps facing their worst times in the last few year
Form 26AS is an annual consolidated credit statement issued by the I-T department under section 203A
Many FMCG and pharma companies that had paid Goods and Services Tax (GST) on raw materials and servi
A 5% fall in the gross domestic product ( GDP) during 2020-21 may lead to a 15% decrease in Indian c
In a relief to small taxpayers with turnover up to Rs 5 crore, the GST Council on Friday halved the
The primary issue to be decided is whether or not a “Director” is an employee of the company. In
The 40th GST Council met was held on 12-06-2020 under the Chairmanship of Union Finance and Corporat
The Government is making it mandatory for large companies to disclose their dues to MSMEs to ensure
Recently the Union Finance Minister Smt. Nirmala Sitaraman has announced the INR 20 lakh crore econo
As per our reports, the Finance Minister ordered suspension of new insolvency proceedings for a year
In view of the unprecedent current situation arising out of pandemic COVID-19, the Government has de
As per the reports, the Goods & Services Tax Network (GSTN) on Sunday, 31st May, 2020 said that it h
The Insolvency Resolution Professionals/ Resolution Professionals (IRPs/RPs), appointed to undertake
As per the reports, financial creditors realized 64% of their admitted claims through insolvency pro
The finance ministry is not in favour of raising the goods and services tax (GST) rates even on non-
As per the reports, banks are indecisive over the resolution of stress among the corporate borrowers
The applicant/ operational creditor in this case, Foseco India filed an application under Section 9
Days after announcing a new set of criteria to define micro, small and medium enterprises (MSMEs) on
Under this package the statutory rate of EPF contribution of both employer and employee has been red
As per the reports, the Appellate Tribunal has upheld order passed by Honourable NCLT which prohibit
As per the reports, a pre-packaged insolvency or a pre-pack is a pre-planned process in which a fina
In this case, the operational creditor filed an application under Section 9 of the IBC, 2016 for ini
As per the reports, non-bank lenders want the government to revise the terms of Rs. 75,000 crore pac
The Commissioner of CGST Thane, Mumbai vide F.No. V(Misc)/AdjudicationPH/Thane/2020 dated May 18, 20
The process of Company Registration in Singapore can be summarized in a very simplified process but
As per the reports, the NCLT on 12th May, 2020 by way of an ‘order’ directed that any new insolv
NEW DELHI: Many small businesses are wary of taking fresh loans even if they are backed by governmen
High Court of Jharkhand passed a judgement on 21st April, 2020 in the case of Mahadeo Con
While the coronavirus outbreak has led to a surge in demand for N-95 masks and personal protective e
The pandemic situation of COVID-19 has created an obligation for the Government to take necessary pr
As per the reports, stressed- asset companies, banks and other creditors, and insolvency, as well as
While enumerating the details of the economic package, part of the Aatmanirbhar Bharat Abhiyaan, Fin
As per the reports, NCLT has refused to admit insolvency petition filed by India Resurgence Asset Re
As per the reports, experts said that investors who have bid for assets under the IBC are expected t
In a nation with an estimated population of 1.37 billion people, an extensive range of social enterp
A five- judge bench of the Supreme Court held on 5th May, 2020 in Pandurang Ganpatii Chaugule v. Vis
The High Court of Delhi on 5th May, 2020 passed a judgement in the case of four Petitione
Several sectors including fast-moving consumer goods (FMCG), pharmaceutical, packaged food among oth
Ministry of Home Affairs (MHA) in wake of COVID 19 has made medical insurance mandatory for the work
Taxpayers deposit money using challan and the paid amount gets credited in the particular head in th
HC of Gujarat gave an important judgment dated 16th December, 2019 regarding procedure for acquiring
The National Company Law Appellate Tribunal (NCLAT) on April 22, 2020 refused to stay the execution
VIJAYAWADA: At a time when people are facing a hard time due to the ongoing lockdown, soaring prices
The government is unlikely to exempt GST on medical items like ventilators, PPEs, masks, test kits a
The Honourable High Court of Delhi has held that it is clear from the express language of the provis
The following amendments will be needed to be passed or notified through the issuance of the legal c
Ministry of Commerce vide Trade Notice No. 03/2020-21 dated 15 April 2020 has come up with the clari
SRS Limited, a public Listed Company registered under Companies Act, 1956 is a diversified Company w
Section 13 of the IBC, 2016 specifically bars the jurisdiction of the Civil Courts. This means that
After the central and state governments included masks, sanitisers and bottled water in the essentia
Summarized features of the scheme - The Ministry has issued a general circular no 1
The Direct Tax Vivad se Vishwas Act, 2020 (hereinafter referred to as ‘VsV’) is a Direct Tax Dis
Due to COVID-19 pandemic and challenges faced by taxpayers, Government has extended dates for GST fi
The IRP/RP/Liquidator would have to first file the NCLT order to approve him as the IRP/RP/Liquidato
On account of the global pandemic (here used for Covid-19), the Prime Minister of India, Shri Narend
Legal Metrology Department conducted 10 surprise inspections at grocery shops across the city and in
NCLAT held that: the procedure as followed in “Flat Buyers Association Winter Hills- 77, Gurgaon
The government has retrospectively extended the validity of e-way bills under the Goods and Services
The Resolution Plan of Gurgaon-based Dhankua Laboratories for the revival of Chennai- based debt-rid
High Court of Karnataka gave an important judgment dated 27th November 2019 regarding the legality o
The government on Wednesday notified 12 electronic products, including external hard drive, wireless
G.S.R. 200 (E).- In exercise of the powers conferred by sub-section (6D) of section 25 of the Ce
As a measure to prevent the spread of the transmission of Novel Coronavirus (COVID- 19), the Central
(1) Where any refund of unutilised input tax credit on account of export of goods or of integrated t
The learned counsel for the Appellant takes a forceful stand that the Corporate Debtor as a Corporat
Once a business entity defaults certain threshold amount under the IBC, 2016, corporate Insolvency R
The Union Finance & Corporate Affairs Minister Smt. Niramla Sitharaman today announced several impor
India reported its first novel Coronavirus case on January 30, 2020. Ever since, India, being the se
Union Finance Minister Nirmala Sitharaman today announced various statutory and regulatory complianc
In wake of complete lockdown due to fast spread of COVID-19 in India, our Finance Minister today hel
The consumer affairs ministry has asked states to distribute hygiene products such as hand sanitizer
In an investigation led by CGST Meerut team has prima facie revealed issuance of GST invoices of Rs.
The Parliament on 12th March 2020 passed a bill to amend the Insolvency & Bankruptcy Code, 2016. The
The National Company Law Appellate Tribunal (NCLAT) has dismissed the telecom department’s plea, c
The insolvency condition of Yes bank has provoked the whole country. The central government has been
CBDT has recently vide Notification 10 dated February 12, 2020, issued Income-tax (4th Amendment) Ru
The 39th GST Council meeting was held on 14-03-2020 under the Chairmanship of Union Finance and Corp
The Council would also discuss the integration of the GST e-way bill system with the NHAI's FASTag m
Ministry of Corporate Affairs (‘MCA’) has vide Notification dated January 24, 2020, notified the
LLP Settlement Scheme, 2020 is being introduced in order to provide a single-windo
The Reserve Bank of India’s (RBI) decision to extinguish Additional Tier 1 (AT1) bonds of Yes Bank
The Enforcement Directorate (ED) has sought permission from the dedicated bankruptcy court to interv
The changing technology landscape would challenge the traditional banks with Fintech and Big Data dr
Discuss insolvency law - MUMBAI: Member of Parliament and Chairman of Standing Committee on Finance
Four years ago, Indonesian finance minister Mulyani Indrawati had invited captains of industry and C
Benjamin Disraeli presciently said that debt is a prolific mother of folly, and of crime. When a com
Mumbai: GST on non-compete fee - Non-compete agreements during acquisitions that restrict the seller
Public Procurement Transactions - Public procurement worth Rs 40,000 crore has taken place through t
Finance Minister Nirmala Sitharaman's Budget for 2020-21 was light on new structural reforms, Fitch
This is for the extension of the CIRP process as it ends on 4th of February. Public notices are bein
The Indian economy, which is buffeted with several challenges, is expected to grow 6-6.5 percent in
ASMA had urged the government to reduce import duty on primary aluminium to 2.5%, remove duty on scr
Clarifications on Electronic - In continuance to the declared policy objective of the Government to
In furtherance to the declared policy objective of the Government to encourage digital economy and m
The inability of the Goods & Services Tax (GST) Administration to determine the ‘Place of Supply
The government is estimating a hit of around Rs 1 lakh crore due to a reduction in corporation tax,
Hong Kong-based private equity group Pacific Alliance Group (PAG) is looking to invest upwards of a
The issue of interim dividend may come up for discussion in the next RBI board meeting as the govern
The government on September 14 announced a new scheme - Remission of Duties or Taxes on Export Produ
A buyer cannot be penalized in case a seller does not deposit tax collected from her/him, a High Cou
The three-decades-old Consumer Protection Act (CPA) has been overhauled and a new Act is in place. I
The Kerala high court has tried to clear the air over the contentious issue of composite supplies un
This is to update you regarding a CBIC’s circular no 02/2020- Customs dated 10th Januar
The Central Board of Indirect Taxes and Customs has issued notices to some businesses for initiating
NTPCNSE 1.85 % has outbid the Adani Group for the Avantha Group’s 600 MW Jhabua power plant in Mad
The National Company Law Appellate Tribunal on Monday dismissed the Registrar of Companies' petitio
Infusion for PSU - The government is unlikely to announce capital infusion for the public sector ban
Eight startups became unicorns in the first nine months of the previous year, including BigBasket, D
India’s startup ecosystem created a record nine unicorns in 2019, despite sentiments turning cauti
Mumbai: Lenders to Karvy Stock Broking Ltd have started exploring other avenues after failing to sec
Bharti Infratel Ltd’s decision to extend the long stop date of its proposed merger with Indus Towe
38th GST Council meeting took place on 18 December 2019, Wednesday. It was presided by our Honourabl
It has been highlighted that an economy to be competitive needs free entry and free exit of companie
Recently CBDT has vide notified Notification No. 104/2019 dated December 18, 2019, revised FORM No
The goods and services tax (GST) Council on Wednesday fixed a uniform tax rate of 28 percent on both
In a move that will remove the final hurdle for companies taking over stressed firms, the Union Cabi
Income Tax Scrutiny - In the recent ongoing scrutiny assessments for financial year 2016-17, one of
Having burnt their fingers in the Essar Steel insolvency case, lenders are looking for a speedier an
The Company Law Committee, constituted by the Ministry of Corporate Affairs (MCA) vide order dated 1
Implications of Withholding tax - Withholding tax is an amount that is deducted dir
On 28th N
The Insolvency and Bankruptcy Code, 2016 foresees Insolvency Proceedings, restructuring, and insolve
The National Company Law Tribunal (NCLT) has ruled that Aircel has the "right to use" its spectrum a
There seems no slowdown in the business of law as the country’s legal sector has increased its fee
Taking forward their plan to formulate a resolution plan for McLeod Russel outside the scope of NCLT
Troubled wind turbine maker Suzlon Energy may head to National Company Law Tribunal (NCLT) as lender
Ever since homebuyers were given the status of financial creditors under the Insolvency and Bankrupt
Builders continue to ask for a hefty cash pay-out in property and land purchases forcing customers t
The National Company Law Appellate Tribunal(NCLAT) has allowed Reliance Industries to delist textile
More than two years ago, the Reserve Bank of India ordered local banks to take Essar Steel and 11 ot
NCLAT Rejects PepsiCo - NCLAT has rejected the plea of beverages giant Pepsico India Holdings seek
Ruling on the long fought Essar Steel insolvency case, the Supreme Court on November 15 set aside NC
In its bid to increase tax compliance, the income tax department has now launched a new campaign to
The government is considering a formula for distributing the proceeds of insolvency resolution among
If you have been wondering why your income tax return (ITR) has not been processed yet or why there
Mergers and acquisitions is a process of bringing together two entities or assets and forming into o
India is a country with a huge potentiality and opportunity to explore and excel in a very short per
Secretarial Audit offers a broad check on compliances of Company
The government is mulling a special window for resolution of stressed non-banking finance companies
ASC is a consulting firm assisting foreign investors for India Entry. For incorporating a business i
he first national meet of officials of the Real Estate Regulatory Authority (RERA) is likely to brai
Move will benefit people, says Controller The Department of Legal Metrology (DLM) which is
What Law provide? As per section 67 of CGST Act, 2017 Power of inspectio
The IBBI data also shows about 56.17 per cent of the CIRPs, which were closed, ended in liquidation,
he National Company Law Tribunal (NCLT) has admitted a plea to initiate insolvency proceedings as we
The resolution plan so reached can then be placed before the NCLT for approval, so that it can be im
Rushing into Crypto Currencies - Many countries have cautioned against rushing into cryptocurrencie
Mumbai: Voda Idea bond yield Jumps 43% - Vodafone IdeaNSE 1.59 % bond yields surged 42.91 per cent p
India should address continued fiscal consolidation, the International Monetary Fund (IMF) said. Was
Nirmala Sitharaman explained to international investors why India is the ideal place for investment
GST health check-up is a recent initiative to protect an organization and fulfilling GST compliances
State Bank chairman Rajnish Kumar on Tuesday said the Enforcement Directorate and other central law
Introduction of Insolvency and Bankruptcy Code has drastically restructured the current situation of
Coupons have become an integral part of sales and lead generation activity in today’s businesses.
Oil Minister Dharmendra Pradhan on Monday made a vehement appeal to Finance Minister Nirmala Sithara
While dealing with an appeal filed by the Registrar of Companies against a batch of LLPs, the Nation
The government recently declared to limit input tax credit under the goods and services tax to 20% o
Mumbai|New Delhi: Digital multinationals such as Facebook, Google, Uber and LinkedIn with operations
Acquisitions have become a vital and important part of the corporate plan and will gain more importa
On September 20, Finance Minister (FM) Nirmala Sitaraman delivered a pleasant surprise to India Inc.
CBIC issues 6 New GST Notifications on 09th October 2019 to give outcome to decisions of 37th GST Co
It has been just under 36 months since the parliament passed the amendments required to bring in the
India has moved down 10 places to rank 68th on an annual global competitiveness index, largely due t
To bridge the gap between Asia and North American, ASC seeks to ascertain potential opportunities ac
The National Company Law Appellate Tribunal ("NCLAT") reversed the order of NCLT while adjudicating
Lucknow The National Company Law Tribunal (NCLT) has imposed a moratorium on Rohtas projects in Luck
The National Company Law Tribunal, New Delhi has held that a ‘Sole Proprietary Concern’ is not a
Compulsory Registration Scheme came into being in 2012 by the Department of Electronics and Informat
The National Company Law Tribunal (NCLT) Mumbai on Tuesday initiated corporate insolvency resolution
Business Consulting Firm in India - Medium and small scale industries require consultation on variou
Big Forbes Consultancy firms in India - Business Consultancies worldwide offer advi
According to him, innovative ways need to be looked at to ensure that homebuyers do not abuse the in
Management Consulting Firm in India - Consulting firms worldwide assist businesses to set up their b
The Goods and Services Tax (GST) collections dropped sharply to a 19-month low of Rs 91,916 crore in
The US wants India to do away with price controls on medical devices such as coronary stents and kne
The government has stayed with the borrowing plan for the fiscal, as announced in the budget, sendin
Today, India appears to be the most attractive market for foreigners when it comes to ease of doing
On Thursday, GST Network (GSTN), the IT backbone of the Goods and Services Tax system, unveiled an o
Turns out, a number of multiplexes and food chains may have been fudging up the amounts of various s
Legal Metrology certificate is required to sell, distribute packaged goods like consumer products, f
Information technology is a new and fastest growing these days, it becomes very hard to strategize h
After forcing banks to link retail loans to an external benchmark, the RBI is looking at the way non
Mergers and acquisition is the easy way to restructure your business where you can increase the grow
In the current scenario, the International business is changing at a very fast pace and this alterat
Import and Export are part and parcel of business. There are several incentive schemes and benefits
The Insolvency and Bankruptcy Code, 2016 seeks to combine the prevailing framework by forming the ba
Exporter and Importer of any country need to register the company with several authorities, institut
The Indian government has introduced five-year multiple-entry tourist and business visas for Emi
For income tax purpose, a senior citizen is an individual resident in India who
The government has notified the Insolvency and Bankruptcy Code (Amendment) Act, 2019, under which a
Amtek Auto was among the first list of the 12 companies that were referred by the Reserve Bank of In
Modi, after delivering his sixth straight address to the nation on the Independence Day from the ram
In recent years, India has observed a huge growth in the FDI investment from 16 billion in 2013-2014
Market changes can immensely affect your business to a great extent which might push your business t
Article 35A gave J&K government the right to decide who qualifies as a permanent resident of the sta
Parliament on Thursday passed the Insolvency and Bankruptcy Code (Amendment) Bill 2019, which brough
There are various modes in which you can legally operate your business in India. This includes propr
If you have an excellent business idea and made up your mind to establish your business in India, th
The CBIC vide Circular No. 107/26/2019-GST dated July 18, 2019, has clarified various issues related
Process of BIS Certification is a means for offering third party guarantee of quality, safety and de
Market entry offers many opportunities for new investors and also pave the door to several unknown r
Insolvency and Bankruptcy Board of India came into practice on 1st of October 2016 to control and se
Legal Metrology is a part of the Department of Consumer Affairs which came into practice in 2009 and
Direct taxation is characterized as tax imposed upon the individual who is proposed to be the last c
Planning to set up business in India? First of all, you must do comprehensive research on the Indian
The risk Parameters has been developed by the audit department of CBIC (Central Board of Indirect Ta
Research shows that between 60 percent and 90 percent of startup ventures globally fail just within
Service Exports from India Scheme (SEIS) is originated from the Foreign Trade Policy (FTP) 2015-20.
Starting a Business in Canada involves legal compliances, registration & other formalities. Company
Businesses across the nation are changing with the fast pace with innumerable advancement in terms o
Unable to close many insolvency cases successfully in 270 days has resulted in passing many Litmus t
Facts: M/s. Kindorama Healthcare (P.) Ltd. (“the Applicant”) renders medical services with exper
The regulator put forward some significant changes in the regulations of Insolvency Professionals. T
The orders of Liquidation of debt-ridden pharmaceutical company Sterling Biotech by National Company
ITR has a prearranged set of IT forms which comprises of income details earned by an individual in a
After reviewing a petition filed by the Solar Power Developers Association (SPDA) that challenges th
With the increase in bankruptcy and bad loans in India, companies are overburdened with fraud loans
CBIC has Released Excel based Form GSTR-9C Offline Tool on April 14, 2019. GSTR-9C
According to IBBI chief M S Saboo, a recent judgment by the Supreme Court will encourage creditors t
The beginning of April brings with it a number of changes that every tax payer needs to be aware of
The real estate industry has always been shrouded in controversies considering many factors includin
Procurement is no longer a secondary, optional process. It gradually has risen to become a necessity
The National Informatics Centre (“NIC”) has made new changes in E-Way Bill System dated March 25
The GST Council in the 34th meeting held on 19th March 2019 at New Delhi discussed the operational d
Restaurant-cum-sweet shops are better off maintaining two books of accounts for the Goods and Servic
The Finance Ministry may explore a clearly-defined broad framework to ensure that cuts in GST rates
Fact: M/s. Micromax Informatics Limited (“the petitioner”) had imported mobile handsets under va
In the last decade, India has seen a huge increase in the number of start-ups. Now, this is could be
GSTN will focus, amongst others, on the development of new return filing, further improving the user
While the government has amended the GST law a few times since its rollout, a lot of the changes in
Several major infra companies which are into government projects like irrigation and other works in
Non-filers of GST returns for 6 consecutive months will soon be barred from generating e-way bills f
If you are starting a small business or a small business startup consulting services on a limited bu
- The GST e-way bill system is likely to be integrated with NHAI’s FASTag mechanism from April to
In pursuance of the decision in the 32nd Meeting of GST Council held on 10th January 2019 at New Del
Recently, the Indian Government proposed changes in tax rules for investments made in start-up and e
The Goods and Services Tax was introduced with the aim of bringing India’s scattered and somewhat
A recent tax ruling is changing the way companies in India operated for years. Converting a company
Goods and Services Tax was introduced in an effort to bring all taxes under one uniform structure. I
Great ideas have the potential to make successful businesses but not all ideas culminate to business
In the midst of daily planning and annual targets, what businesses tend to ignore is the importance
The Goods and Services Tax has brought with it a number of instrumental changes – some which have
Compliance has become a very critical part of every organization's strategic plan whether its Financ
Transfer Pricing was introduced in India in 2001 and since then it has gone through numerous changes
India is in the midst of a massive transformational shift with a growing number of internet users wh
Ask anyone in India, if they know about the impact of pollution and evolving technology to the envir
The GST council in its 28th Meeting held at New Delhi on July 21st, 2018, has made various recommend
Foreign Direct Investment of a country is the marker of the country’s growth across sectors. Finan
Big or small; risk management is considered to be a crucial part of strategic planning. Spanning ope
The hotel industry is one of the fastest growing domains in India, and, together with the travel seg
As the past couple of years witnessed a drop in data costs, WhatsApp has successfully replaced the t
The fragile structure of the corporate sector is greatly influenced by external and internal factors
Top 10 Personal Finance Blogs in India - We have compiled a list of best personal finance blogs in I
Constant growth is the driving force for any business. An evaluation process which analyses growth p
List of applications admitted by NCLTs under the Insolvency and Bankruptcy Code, 2016 with details o
If you want to make sure that your cash should remain safe and secured, you better need to invest it
India is fast moving ahead towards increasing its growth trajectory and consolidating foreign invest