All about the start-ups & Other related Scheme BRIEF INTRODUCTION In India, the start-up ecosystem has been increasing at a fast pace and has gotten a lot of support from the government in latest years. Many eligible new businesses can plan and utilise the comprehensive tax and regulatory benefits pertaining to start-ups that are outlined …
WINDING UP OF COMPANY BY TRIBUNAL BRIEF INTRODUCTION As per the notification issued by the Ministry of Corporate Affairs, dated 24 January 2020, and the same provides for Companies (Winding Up) Rules, 2020 (Rules). It was provided that the said rules shall be applicable in respect of companies undergoing ‘winding up due to circumstances mentioned …
Overview on Winding up of a Company BRIEF INTRODUCTION Winding up is the process involving liquidation of Company’s assets which are collected and sold so as to pay the debts incurred. Under the winding up process firstly the debts, expenses and costs are paid and any remaining amount is distributed among the shareholders. Once the corporate is liquidated it’s formally dissolved and also the Company …
What is the Deduction in respect of royalty income under the Income Tax Act, 1961 BRIEF INTRODUCTION An author earns income by publishing their book. The publisher publishes the author’s book and also the author gets the profit against the overall number of books sold. The said amount of profit earned by them is termed royalty income. An author …
What is the E-Personal Hearing Facility in GST? The Directorate of Systems and Data Management have delegated the development of Dispute Settlement and Resolution (DSR), Investigation, Audit, Mobility, and E-way Bill modules to the Bangalore Zonal Unit. Adjudication is one of the modules included in the voluminous Dispute Settlement and Resolution (DSR) module for which …
Foreign-Offices-setup-in-India-Branch-Office-Liaison-Office-and-Project-Office Branch office, Liaison office, Project office Establishment BRIEF INTRODUCTION India is considered as the hotspot in respect of foreign companies in India. With the fast-growing economy and increasing globalization, there has been a rise within the foreign multinational companies within the variety of Liaison offices, branch offices, or project offices of the foreign holdings …
Start-up Funding Documentation Brief Introduction In this Start-up Era, brilliant business ideas enhance value addition to society. it’s rightly said the first mover reap good advantage. After comparing the millennial classics in the Food tech space namely – Swiggy & Zomato food delivery, we can conclude that they made an interesting contribution. Ideas generated and …
Legal Documents required for running a business BRIEF INTRODUCTION You would be surprised how few businesses actually get the foremost fundamental legal documents in place before setting out. However, having the correct documents in situ once you start is important to your business’s success. LEGAL DOCUMENTS REQUIRED There are nine fundamental legal documents you need to possess in …
The relaxation provided by Ministry of Corporate Affairs on filling Forms BRIEF INTRODUCTION We all understand how hard this COVID pandemic hit us physically, mentally, and financially likewise. We had to lock ourselves in our homes to cut back its impact as we were left with no other better option. The govt. imposed a lockdown …
Multi-Disciplinary Partnership Firms for Chartered Accountants ICAI Notification datd 08.07.2021 about Multi-Disciplinary Partnership Firms for Chartered Accountants was issued in the official gazette. CA firms can now partner with CMAs, CSs, Advocates, Engineers, Architects, MBAs, and others approved under Section 53 B, thanks to a change in Form 18. Background: The Chartered Accountants Regulations, 1988 …