On 18th January 2023, the MCA had placed the second report of the CBIRC on enterprise group insolvency based upon UNCITRAL Model Law for enterprise group insolvency.
In the Companies Act 2013, a Producer Company is defined as a company that is formed and registered under the Companies Act, with the objective of production, harvesting, procurement, grading, pooling, handling, marketing, selling, and export of primary produce of its members or import of goods or services for their benefit.
This article is going to focus on "What is a Letter of Undertaking under GST?", "Process for Filling LUT under GST," "Documents Required for LUT under GST," and "Eligibility requirements for Filing LUT under GST (Goods and Service Tax).
Employee Stock Option Plans (ESOPs) give employees a right to buy company shares at a pre-decided price and it forms part of taxable income.
The Appellate Tribunal held that the grant received was not taxable as revenue receipt since the said grant was given to recoup the losses incurred by the assessee and was hence, in the nature of capital contribution.
This article talks about the way we should respond to, de-stress ourselves from the distress surrounding us.
We are just wasting our time and energy on forming opinions and fighting uselessly on issues that just don't matter to us. It clearly impacts our mental peace too.
What do you think of the budget? Why do micro-entrepreneurs continue to be invisible?In defence of the entrepreneurs who sell pakora and make tea: What I want f...
In the complex world of taxation, where sensitive financial information is handled on a daily basis, maintaining the privacy and confidentiality of clients is of paramount importance. Tax professionals are entrusted with a wealth of personal and financial data, and ensuring the security of this information is not just a legal requirement but a fundamental ethical obligation.
Late payments from clients, a temporary recession in business, increase in utility bills, etc. are some occasions when you may face a cash crunch in your busine...
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