Income-tax (10th Amendment) Rules, 2020 Notification No. 29/2020/ has been issued on 27th May, 2020 which inter-alia contains provisions and procedure as mentioned below; Remuneration to be paid by Fund to Funds Manager Definition of assets under management Management fee Specified hurdle rate FORM No.…
“INSTANT PAN THROUGH AADHAAR BASED E-KYC – DIGITAL REVOLUTION” Key highlight: FM launches facility of Instant PAN through Aadhaar based e-KYC Decoding the Circular: Smt. Nirmala Sitharaman, Union Minister for Finance & Corporate Affairs has launched the facility for instant allotment of PAN (on near to…
Every company having foreign investment (FDI), is required to report the Reserve Bank of India. Foreign Direct Investment of upto 100% is allowed into Indian Private Limited Company and Limited company for most of the sectors. The amount of FDI into India has increased manifold…
Due to Corona virus situation Ministry of Corporate Affairs vide Notification No. G.S.R. 313(E) dated 26th May, 2020 amending Schedule VII of Companies Act, 2013 to insert contribution towards PM CARES Funds as eligible CSR activity under item no. viii, with effect from March 28,…
Goods and Services Tax was introduced on the midnight of 1st July 2017 with the objective of “one nation, one market, one tax” fused a large number of Central and State taxes into a single tax. The single biggest indirect tax regime kicked into force,…
Important and Related Posts: GST for Companies under Insolvency | Special Procedure Notification No. 39/2020–Central Tax Dated 5th May, 2020 | Company under Insolvency Circular No. 138/08/2020-GST | Company in Insolvency | Extenstion of ITC-04 | Merchant Exporter Facility for registration of IRP/RPs made available…
Why ITC-02A has to be filed? if registered person intends to transfer the unutilized ITC lying in Electronic Credit Ledger to newly registered place of business then details in Form ITC-02A has to be furnished. To whom this facility is available? This facility is available…
“BSE SME LISTING ELIGIBILITY NORMS REVISED DUE TO COVID-19” Overview Bombay Stock Exchange (BSE) vide notice no. 20200522-21 dated 22nd May, 2020 has issued Notification related to “Relaxation in Eligibility Criteria for SMEs in view of Covid-19 Pandemic Situation”. This circular has been issued to amend…