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CSR- The New Mantra for Corporates
The historic Companies Bill which had received the Presidents assent on 29th August, 2013 and became the Companies Act, 2013, (hereinafter the new Act) by notification in the Official Gazette, on 30th August, 2013, had initially
The Companies Act, 2013 - Provisions relating to contribution to political parties
Introduction: Political parties in India extend favors, for those who contribute them with hefty donations, when they come to power. Before elections donors have to keep both prominent parties in good spirit so that their future interests are balance
3 Serious Investment Hurdles and how to overcome them?
Ever seen a hurdle race? Noticed how the athlete concentrates on overcoming the hurdles? How they time their leap at the right moment to sail smoothly over them? For these people the barrier is just a physical obstacle and not a mental one. It is the
Analysis of Provisions on Statutory/Cost/Secretarial Audits & Auditors
THE COMPANIES ACT 2013(Chapter X- Sections 139 to 148 & 204) About the Act The long-awaited new Companies Bill 2012 has at last seen the light of the day as The Companies Act 2013 (Act No.18 of 2013) with its publication in the Gazette of India E
Credit Facilities of Banks
Credit Facility is an agreement with bank that enables a person or organization to be taken credit or borrow money when it is needed.All types of credit facilities may broadly be classified into two groups on the basis of Funding1. Fund Base Credit 2
The Day and the Way I cleared CA
THE DAY AND THE WAY I CLEARED CHARTERED ACCOUNTANCYYeeessssssssssssssssss I am a CA !! I shouted This was my first reaction when I heard that I have cleared both groups of CA Final in Nov2012 attempt. It was 21st Jan2013 and I w
Restriction of ITC on iron and steel under Punjab VAT
I had prepeared representation on behalf of Iron and steel industry in Punjab, which has been filed with the Punjab Government for withdrawl of latest notification dated 01.02.2014 regarding restriction of input tax credit on iron and steel goods to
Comparison of CSR Rules, 2014 with draft CSR Rules
MCA has notified the provisions relating to Corporate Social Responsibility (CSR) of the Companies Act, 2013 [Section 135 and Schedule VII of the Act read with Companies (Corporate Social Responsibility Policy) Rules, 2014]. These provisions will be
6 factors to choose the right diversified equity fund
To invest in a diversified equity fund, you need to pick the right one that suits your requirement best is plain wisdom. It is easier said than done. Where there are hundreds of equity funds each claiming the best returns, it is quite puzzling to zer
Why high inflation is bad for economy?
Inflation is buzz word these days. Infact it remains a buzz word most of the times. India is currently going through a phase of high inflation, which is why words controlling inflation crop up quite often in Government & RBI policie
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