Friday, April 26, 2024

Monthly Archives: February, 2021

FAST TRACK MERGERS EXTENDED TO STARTS UPS & OTHER SMALL COMPANIES

In addition, the fast track process for mergers under the Companies Act, 2013 has also been now extended to also include mergers of Startups...

GOVT TO LAUNCH RANDOM E-SCRUTINY OF CORP FILINGS

The ministry of corporate affairs (MCA) is set to launch random electronic scrutiny of corporate filings later this year as it seeks to use...

NEW LAWS FOR AUDITOR, COMPANY SECRETARY BODIES IN OFFING

The government is set to amend laws to streamline the functioning, especially the disciplinary aspects, of three professional institutes — the Institute of Chartered...

TAX BENEFIT ( WRITE OFF OF GOODWILL) ON MERGERS AND ACQUISITIONS WITHDRAWN

The government has withdrawn a tax benefit for mergers and acquisitions (M&A) that would result in marginal increase in the cost of transactions. The government...

TIME LIMIT FOR REOPENING OF I-T ASSESSMENT HALVED TO 3 YEARS, SERIOUS FRAUD CASES RETAINED AT 10 YEARS

Finance Minister Nirmala Sitharaman on Monday said the allocation to rural infrastructure development has been increased to Rs 40,000 crore for the next fiscal...

Trust & Societies To Register with Ministry of Corporate Affairs (M.C.A) for availing C.S.R. ( Corporate Social Responsibility) benefits

The corporate social responsibility rules that came into effect from Friday have given time till April 1, 2021 to implementing agencies such as trusts...

Proposed Changes in Employee’s Providend Fund Act.

PF to be Increased to Rs 25000 from Rs 15000 - CBT to Ministry of LabourPF to be Increased to Rs 25000 from Rs...

Contact us for Loans to Schools, Colleges and other Educational Institutions India arranged.

Our other Financial Advisory Services include:--Secured and Un-Secured Loans to Companies with a minimum turnover of Rs.50 Lakhs and profit making. WE ARE NOT...

GST imp amendments proposed in Budget 2021-Brief

1.       Exporter liable for penalty equal to 500% of refund claimed if Input taken on invoice obtained by fraud, collusion, wilful misstatement 2.       Input Tax credit can...

Some Very Interesting, but scary Predictions for the Future..

A good read for sure …. 1-Conventional Car Repair workshops will vanish over a period of time. 2-A Petrol Engine /Diesel Engine-driven Car has almost 20,000...

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