What is Track Exit (FTE) Scheme?Fast Track Exit Scheme is introduced by Ministry of Corporate Affairs for giving opportunity to non-operating companies for getting their names struck off from the records of Ministry of Corporat
Is Corporate Governance Real, a Myth or is it to be practiced in Spirit or Letter? It is very difficult to conclude; the intention to implement and practice corporate governance seems to be the SPIRIT and to toe this line the regulators bring out leg
INTRODUCTION:-Goods and Services Tax (GST), the 122nd Constitutional Amendment Bill, 2014 tabled by Finance Minister Arun Jaitley has already passed in the Lok Sabha. However, due to conflicts between the States and Centre and the reason that the Cen
Dear All, In this article I have discussed on the following question that I came across recently. Whether manufacturing of excisable goods which are cleared on payment of duty by job worker is covered under the definition of exempted services thereby
Joint Cost As per my understanding joint costs solely doesn`t depend on Quantity of output, selling price, selling expenses, furthe
The Ministry of Corporate Affairs (MCA) has introduced Form INC-29 � Integrated Incorporation Form in order to reduce the overall time in company Incorporation. In Form INC-29 all the steps of c
Dear Professional Colleagues,CBEC clarification on chargeability of Service tax on GTA and other IDT - DigestsBackground:Goods Transport Agency ("GTA") has been defined to mean any person who provides service to a person in relation to transport of g
Whenever we read the headlines of the business daily about the change of the rates by the Reserve Bank Of India (RBI). We think of it how a change in a rate has an effect on some of the important issues which the economy deals w
Since last few weeks I have been in hospital with my father who wasn�t keeping too well. Thankfully, he has returned home and is recovering. The time spent in hospital gave me opportunity to interact with a lot of people, doctors as well as
Among many of the subject matter under Companies Act, 2013, one of the most heated and topic of endless discussion is �Promoters�. The Concept of promoters has been newly inserted and defined under Companies Act, 2013 as under the Compan
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