CONDONATION OF DELAY SCHEME, 2018 (General Circular No.16/2017 dated 29/12/2017) Ministry of Corporate Affairs had disqualified around 3,09,000 directors that failed to comply with the rules and regulations specified u/s 164(2) & 167(1)(a) of the Company Act. as a result, the MCA has blocked Director Identification No of all the disqualified directors. Thereafter lot of …
Who is a Real Estate Agent? Section 2 (zm) of RERA defines real estate agents. According to the definition, a “real estate agent” means any person, who negotiates or represents other persons for transfer of a real estate property by way of sale to another person and receives remuneration or fees or any other charges …
The Amendment Bill as passed by Lok Sabha which is also passed by Rajya Sabha is placed at the link: Companies (Amendment) Bill 2017 Rajya Sabha has passed the Companies (Amendment) Bill, 2017 today i.e. December 19, 2017 and shall come into force on getting the President’s assent. On July 2, 2017, the Companies (Amendment) …
Thresholds & eligibility criteria of GST Return is turnover exceeded 1.5 Cr & due date of return Thresholds and eligibility criteria mentioned by the India Government is to boost up and benefit the small and medium enterprises (SME’S). These SME’S will contribute to country’s GDP and will help in eradicating the unemployment. The taxpayers whose …
HOW TO BITCOIN TAX IN INDIA Tax authorities in India have expressed money laundering concerns with investments and trading of cryptocurrencies like bitcoin. Indian tax authorities fear that trading of cryptocurrencies ‘could become conduits for illicit flows and the movement of black money.’ As awareness and adoption of bitcoin grow in India, there are concerns among authorities …
Economic Times- Business Standard Bankers stare at Rs 1 lakh crore bad loan bomb ready to explode in next 2 days Satyam case: SC dismisses ED plea against TechM Largest automated container terminal opens in China Insolvency: IBBI notifies rules for complaint handling India to seek solution to food stock issue at WTO Firms, lenders …
Inspection, Search and seizure under GST BRIEF INTRODUCTION The Goods and Services Tax Act was passed in the year 2017, with the aim to subsume, almost all the indirect taxes, into a single tax. Thus, a uniform tax rate be applicable on all goods and services. Every person, registered under GST and supplying goods or …
WHAT ARE THE TOP-RATED CRYPTOCURRENCY BRIEF INTRODUCTION Cryptocurrencies have been highly popular in recent years as a result of several governments deciding to regulate them, and a lot of companies in India are now providing exchange and wallet services (although not yet regulated). Some time back, had not Ethereum be launched, Bitcoin would have been …
REPORT SUBMITTED BY GST LAW PANEL TO REVENUE SECRETARY REGARDING CHANGES IN GST ACT GST LAW PANEL has given more than 100 recommendations but some of them are as follows: Reverse Charge Mechanism should be abolished E-Way bill should be deferred till 2019 and efforts may be made to bring some alternate method in place …
Rate of GST reduced on large number of goods and services As decided by the GST Council in its 23rd meeting held on 10thNovember, the rates of GST on number of products and services have been reduced. List of 28% GST rated goods has been pruned substantially, from 224 tariff headings to 50 tariff headings, Rates have also …