MCA V3 An Initiative For Ease Of Doing Business
The Ministry of Corporate Affairs (MCA) is primarily concerned with the administration of the Companies Act 2013, the Companies Act 1956, the LLP Act, 2008 & other allied laws, rules…
Missed ITR Filing / Revision Deadlines?
Did you forget to file your income tax return ? There is still time to file returns from Fy 2019-20 onwards Have they not filed income tax returns yet? There…
GST : An indirect tax levied on the supply of goods and services
In India, the Goods and Services Tax (GST) is an indirect tax that takes the place of VAT, services tax, excise duty, and other indirect taxes. On 2017 march 29…
Impact of Labour Code 2022 on Indian Wage System
Labor law, also known as employment law, is a body of laws, administrative rulings, and precedents that deal with the legal rights of workers and the organizations they form. In…
ESI – Is It the Employer’s Responsibility?
Looking over whether ESI registration is an employer's Responsibility? Then here it comes: Yes, it is the responsibility of the employer to register their Establishment under the ESI Act within…
Gst On Purchase & Sale Of Second Hand Goods
As per the GST law, GST is charged on the transaction value of the goods. But, in the case of second-hand goods, the dealer can opt for the Margin Scheme…
Nidhi Company & Nidhi (Amendment ) Rules, 2022
Definitions of Nidhi Section 620A of Companies Act, 1956 "Nidhi" or "Mutual Benefit Society" means a company which the Central Government may, by notification in the Official Gazette, declare to…
Amendment In Form 3CA-3CB-3CD For The AY 2022-23
Amendment in Form 3CA-3CB-3CD for the AY 2022-23 1) Applicability of Clause 44 of Form 3cd for Ay 2022-23 Form 3CD contains ‘Clause 44’ which deals with reporting requirements related…
Do companies need to worry about Physical Verification of Registered offices?
Do companies need to worry about the latest amendment with regard to Physical Verification of Registered office by the Registrar of Companies Central Government has notified Companies (Incorporation) Third Amendment…
GST Applicability in Advance Received on Supply of Services
GST Applicability in Advance Received on Supply of Services As per Section 13 of the Central Goods and Service Tax Act 2017, the liability to pay tax on services shall…
Deduction of Tax at Source From Payment on Transfer of Certain Immovable Property
Deduction of Tax at Source From Payment on Transfer of Certain Immovable Property 1 Provisions of Section 194-IA: (1) Any person, being a transferee, responsible for paying (other than the…
Impact of GST on Banking and Insurance
With post-GST rates rising to 18% from the current 15%, both the insurance and banking sectors are set to become more expensive after July 1. The impact of GST on…