directors remuneration india


Return filing date extended to 31st Aug from 31st July for AY 15-16

F No 225 154 2015 ITA II Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes North Block ITA II Division New Delhi the 10th June 2015 Order under section 119 of

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Clarifications on Rollback Provisions of Advance Pricing Agreement Scheme

Circular No 10 2015 F No 500 7 2015 APA II Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes Foreign Tax and Tax Research Division I APA II Section New Delhi

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ICAI on ease of doing business in India

The Ministry of Corporate Affairs has issued a notification to give exemptions to private companies under the Companies Act to improve ease of doing business in India ICAI is happy that the Government

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Regarding clarification on rate of service tax on restaurant service

Circular No 184 3 2015 ST Dated the 3rd June 2015 F No 334 5 2015 TRU Pt Government of India Ministry of Finance Department of Revenue Tax Research Unit Dated the 3rd June 2015 To Chief Commissioner o

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New dates for CA exams in Nepal announced

TO BE PUBLISHED IN PART III SECTION 4 OF THE GAZETTE OF INDIA NOTIFICATION No 13 CA EXAM M 2015 II In further modification of the Institutes Notification No 13 CA EXAM M 2015 dated 20th January 2015 a

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Experts Opinions

Managerial remuneration

company secretary salary considered for the purpose of computation of managerial remuneration under section 197 would it make any difference if he is s also a director of a company

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whether a independent director can hold 1 share of company of which he is a independent director as per co act 2013

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Unsecured loans from directors

Can a pvt ltd Co accept unsecured loans from directors need the provisions triggering under Co Act

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Tds on directors salary

Sir Co has paid salary to directors 7000pm for 2 directors Should the company do TDS on Director salary u s 194J 1 ba Directors are not WTD or MD

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Directors loan u/s 185

is there section 185 also applied on sales transactions between holding and subsidiary

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Venture capital - need of developing india

India is a developing country with huge growth potential but lacks the basic infrastructure Huge population high labour force high unemployment due to lack of Industries We often hear that the youth o

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United bank of india introduces online sb account opening fa

United Bank of India introduces online SB account opening facility United Bank of India UBI has introduced an online Saving Bank SB account opening facility This new facility will help prospective cus

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Loan against its own shares to directors/shareholders

Respected Sirs There is a private limited Non banking Finance Company rgd with RBI as per RBI guidelines the capital of said company should be Rs One crore by March 31 2016 and Rs two crore by March 3

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GST-The Future of India

Changes made in the taxation system it is a not simpler process Nobody can make easily change in the Taxation System except the Tax Authority having power regarding towards the Constitution So that is

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Job opportunities in india by studying certified management

Will studying certified management accountant USA provide jobs in India

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  • Annual Return (MGT-7) and Extract of Annual Return (MGT-9)

    The Best Excel Format with Fine Print of Annual Return MGT 7 and Extract of Annual Return MGT 9 for RoC Filling As Required by Section 92 Read more at http www caclubindia com share files files upload form asp


  • Important changes under Central and State Tax Laws

    The following are the important changes under Central and State Tax Laws with effect from 1st April 2015 1 Conveyance Allowance Transport allowance granted to an employee is exempted up to Rs 800 per month The limit of exemption is now enhanced to Rs 1600 per month 2 Profession Tax Those whose salary for a month was more than Rs 10 000 were supposed to pay Profession Tax of Rs 150 per month Now from 1st April 2015 the persons drawing salary up to Rs 15 000 per month are exempted from Profession Tax Applicable for Bangalore 3 Profession Tax exemption for senior citizens who have attained age of 60 Years Applicable for Bangalore 4 Wealth Tax Is abolished from 1st April 2015 Keep all the wealth tax papers of past 8 years in safe custody even though wealth tax is abolished from FY 2015 16 5 Mediclaim Insurance The premium paid towards mediclaim insurance is enhanced from Rs 15 000 to Rs 25 000 per year for senior citizen it is enhanced from Rs 20 000 to Rs 30 000 per year u s 80D 6 Basic Exemption Limit for VAT registration in Karnataka Now the traders who expect to do annual taxable turnover sales of less than Rs 10 Lakhs needn t register under Karnataka VAT Laws However other aspects of registration which were applicable till March 2015 will continue to apply 7 Reverse Charge Method under service Tax Laws w r t Manpower Consultancy Currently in case manpower supply or security services is provided by individual HUF or partnership firm to a body or a corporate the service provider is liable to deposit Service Tax to the extent of 25 and service receiver liable to deposit Service Tax to extent of 75 W e f 1st April 2015 Service Tax is not required to be charged by specified service provider i e individuals HUF Partnership Firms and the same is to be paid by the service receiver entirely i e instead of 75 the service receiver has to pay 100 F No 334 5 2015 8 ESIC Payment Through Online Online payment of ESI contribution made easier Now facility for payment of ESI contribution through net banking is made available through State Bank of India and 58 major banks 9 PF Payment Made Online The EPFO payment has been made online Mandatory effective from 1st May 2015


  • Draft Directors Reports as per Companies Act, 2013



  • Draft Director' Report - Unlisted Companies



  • Draft Directors' Report - Listed Companies



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Export condition fulfilled even if payment is received in Indian Rupees

Dear Professional Colleague Export condition fulfilled even if payment is received in Indian Rupees We are sharing with you an important judgment of the Honble Mumbai Tribunal in the case of Sun Area

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SS 1- Meetings of the board of directors

APPLICABILITY On Meetings of Board of Directors Committee of the Board CONVENING A MEETING Authority to call a meeting any director of the company Authority to convene a meeting company secretary In c

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Secretarial standard on meetings of the board of directors

BACKGROUND The Ministry of Corporate Affair MCA has issued circular Dated 10th April 2015 vide Letter No 1 E 2014 CA I and same has been notified in official Gazette on 23rd April 2015 Secretarial sta

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Type of Business models in India

Starting a Business in India from point of view of Registration procedure is little much complex but however if someone have to start business in India then he must follows the rules and procedure but

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SEIS Service Export Scheme from India

Service Exports from India Scheme SEIS In the Foreign trade Policy 2015 2020 there are two scheme introduced for exports of Merchandise and Services respectively a Merchandise Exports from India Schem

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Updated on : 6/13/2015 8:08:10 PM