CAclubindia Articles

GST Registration: Eligibility and Procedure

CA Santhosh Gupta Kethepalli 03 July 2020 at 10:55

Every supplier shall be liable to be registered under this Act in the State or Union territory, other than special category States, from where he makes a taxable supply of goods or services or both.

Managerial Remuneration-Section 197 of Companies Act

Neha Rajan Redekar 03 July 2020 at 10:30

According to the provisions of Section 197 of Companies Act, 2013 the total managerial remuneration payable by a public company, to its directors, including managing director and whole-time director, and its manager in respect of any financial year shall not exceed 11% of its net profits

Independent Director's data bank

Neha Rajan Redekar 03 July 2020 at 10:30

All the existing independent director or who intends to get appointed as Independent Director, within 10 months from the date of this notification are required to make an application to institute

Taxation of companies after the taxation laws (amendment) ordinance ,2019

FCS Deepak Pratap Singh 03 July 2020 at 10:30

Taxation of companies after the taxation laws (amendment) ordinance ,2019

RBI special liquidity scheme for NBFCS and HFCS

CS Lalit Rajput 03 July 2020 at 10:25

Smt. Nirmala Sitharaman, Union Minister for Finance & Corporate Affairs had announced and launched a Special Liquidity Scheme of Rs. 30,000 crore on 13th March, 2020 with a view to improving the liquidity position of NBFCs as well as HFCs.

Measures to discourage Cash Transactions and to promote Digital Economy by CBDT

CA Santhosh Gupta Kethepalli 02 July 2020 at 10:33

Sections 269SS and 269T which deals with cash payment and repayment of loans and deposits. Both the sections were introduced to curb the black money. Tax evasion is one of the serious problems in India causing economic disparities.

Types of Trades in Stock Exchange

CA Santhosh Gupta Kethepalli 02 July 2020 at 10:33

Are you planning to trade in the Stock Market? Here are the different trading available in the stock market

Waiver of Late Fees of GSTR 3B: Recent Notifications

CA Rahul Mittal 02 July 2020 at 10:32

CBIC has issued Notification No. 57/2020 on 30.06.2020 to prescribe maximum amount of penalty if GSTR3B is filed up to 30.09.2020. The said relief is for both class of taxpayers i.e. taxpayers having turnover up to Rs. 5 crores or more than 5 crores.

Form GSTR 3B : Waiver or reduction of Late fees

Rohit Kumar Singh 02 July 2020 at 10:32

CBIC has issued Notification No - 57/2020-Central Tax dated 30-06-2020 waiving/reducing late fees on filing of GSTR 3B for the months of May 20 to July 20 by 30th September 20.