Prime Minister Narendra Modi chairs crucial meeting over cryptocurrency According to the Press Trust of India, which cited anonymous government sources, Prime Minister Narendra Modi chaired a critical discussion on the future of cryptocurrencies and related concerns on November 13, 2021. According to official sources, Prime Minister Narendra Modi held a High-Level meeting on the …
Procedure for Issue of Bonus shares under Companies Act BONUS SHARES MEANING Bonus Shares are additional shares issued by a firm with a share capital to its current shareholders without receiving any payment from those shareholders. Existing shareholders are offered free additional shares in proportion to their current holdings. The basic principle behind a bonus …
MSME SAMADHAAN – Delayed Payment Monitoring System Ministry of MSME has Introduced Scheme of MSME SAMADHAAN- Delayed Payments to Micro and Small Enterprises under Micro, Small and Medium Enterprise Development (MSMED) Act, 2006. MSME Development MSMED Act-2006 has procedures to deal with circumstances where buyers of goods and services from MSEs do not pay the …
Guidance on major concerns in crypto is asset protection, tax exemption & financial privacy which needed guidance: TAXATION ASPECTS OF BITCOIN Many economists have gained interest regarding the taxation of Bitcoin as it becomes quite challenging to take out the related data and thereby, formulate a policy for its taxation. In India, as well, the …
Summons are issued under the GST Law . A summons is a formal order for someone to appear with authorities. Any registered individual can be summoned by the concerned GST officers to appear with evidence or documents, as the case may be. The purpose of this article is to provide some rules and safeguards about …
How to close a Branch office actives in India A branch office license is usually issued for three years. If a business decides to close the branch office set up in India at any time, it must file with the RBI via its Registered Dealer the required documentation. Liaison offices cannot able closed without …
CBDT notifies transfer pricing tolerance limit for AY 2021-22 The 35th to 65th percentile of the dataset is construed as the arm’s length range under the transfer pricing regulations. For cases where there are six or more comparable uncontrolled entries in the dataset and the Transactional Net Margin Method, Comparable Uncontrolled Price Method, Resale Price …
Statutory Labour Compliance Checklist FACTORIES ACT, 1948 & BIHAR FACTORIES RULES, 1950 S.No Type & Nature Of Document Description Of the Form Relevant Clause Schedule Of Submission/ Maintenance Submitting Authority Remarks 1 Form 1 Application for permission to construct, extend or take into use any building as a factory To be submitted to the Chief …
Applicable Statutory Labour Compliance Checklist IN CASE OF WHAT TO DO TO WHOM/WHERE IN WHICH FORM UNDER WHICH ACT Accident Report immediately if fatal/death & within 48 hrs in ordinary cases Concerned Local Office/Dispensary of ESI Form 12 or online also ESI Act, 1948 Accident/dangerous occurrence Notice Forthwith of occurrence Inspector/Director of Factories as …
How to close LLP in India – Documents & Procedure in India The Limited Liability Partnership (LLP) is a common partnership structure in which each member is only liable for a certain amount of money. In fact, an LLP is a company that operates under specified legal conditions and paperwork. There is a pre-determined procedure …