Stamp Duty on Affidavit – Rates in Different States in India

Stamp Duty on Affidavit – Rates in Different States in India

An affidavit is a written statement of fact voluntarily made by the person under an oath or affirmation before a person authorized by law. An affidavit to be valid has to be executed on Stamp paper or duly stamped otherwise and has to be notarized by a Notary public or commissioner of oaths. The affidavit […]

Harmehak Kaur Anand

December 15, 2023 at 10:35 AM

Section 16 Of Companies Act 2013: Rectification Of The Name Of A Company

Section 16 Of Companies Act 2013: Rectification Of The Name Of A Company

Section 16 of the Companies Act, 2013 talks about the Rectification of the name of a Company. If, through inadvertence or otherwise, a company on its first registration or on its registration by a new name, is registered by a name which, — (a) in the opinion of the Central Government, is identical with or […]

Swagata Pramanik

December 15, 2023 at 09:29 AM

Vacation Of Office Of Director Under Companies Act 2013 (Section 167)

Vacation Of Office Of Director Under Companies Act 2013 (Section 167)

Vacation of Office of Director This section applies to both private and public companies. The office of a director is considered vacant in the following cases: a) If the Director is Disqualified: If the director of a company is disqualified as per section 164 of the Companies Act 2013, then he would have to vacate […]

Shubham Mishra

December 15, 2023 at 07:24 AM

Section 41 Of Companies Act 2013: Global Depository Receipt

Section 41 Of Companies Act 2013: Global Depository Receipt

A depository receipt is an instrument that is denominated in a foreign currency. It is issued by a foreign depository to a domestic administrator and is listed on an international exchange. A Global Depository Receipt (‘GDR’) is an instrument in the form of a depository receipt generated by a foreign depository outside India and authorized […]

Swagata Pramanik

December 15, 2023 at 07:19 AM

Virtual Office Services in Bangalore

Virtual Office Services in Bangalore

How to get Virtual Office Services in Bangalore? Virtual offices have become popular in the dynamic setting of Bangalore’s business world. Consequently, modern technological innovations, worldwide trends as well as the transformative effect of the COVID-19 have challenged the conventional notion associated with a typical office space. The establishment of virtual offices has been proved as a […]

Arya Panda

December 14, 2023 at 11:50 AM

Late Fees for GST Returns Filing

Late Fees for GST Returns Filing

Late fees, as per GST regulations, refer to the amount paid for the delayed submission of GST returns. In instances where a company who have GST Registration neglects to submit GST returns within the stipulated deadlines, a designated late fee is levied for each day of the delay. It’s important to note that this late […]

#gst returns filing#late fees for gst returns filing

Arya Panda

December 08, 2023 at 07:12 AM

Benefits Of Starting a Business in India For Foreigners

Benefits Of Starting a Business in India For Foreigners

India, today is considered to be one of the major forces in the global economic market. Though India is a developing economy, its economy has a major impact on global trading. The majority of the world’s leading developed nations are keen to have or expand their ties with India. Thanks to its huge market base […]

#advantages of business in India#business in India#business in india for foreigners#Startup India#StartUp India Movement

Aesha Gandhi

November 01, 2022 at 04:45 AM

Sec 33AB of Income Tax Act, 1961: Development account of Tea, Coffee and Rubber

Sec 33AB of Income Tax Act, 1961: Development account of Tea, Coffee and Rubber

An amount deposited into a ‘Deposit Account’ or ‘Special Account’ for the utilization of the same for the specified purpose is allowed as a deduction under section 33AB. A deduction under section 33AB of the Income Tax Act is available to an assessee carrying on a business in India of growing and manufacturing tea, coffee, […]

Jain Saloni

October 28, 2022 at 07:24 AM

Topic: Sec 33ABA of income Tax Act, 1961: Site restoration Fund

Topic: Sec 33ABA of income Tax Act, 1961: Site restoration Fund

#incometax #incometaxlaws #deduction #section80C #specialcompanies #incometaxact1961 #taxation The Site Restoration Fund Section 33ABA and Rule 5AD are applicable to all assessees or taxpayers engaged in the business of: prospecting for petroleum or natural gas; extraction or production of petroleum or natural gas; or both in India. The Central Government has entered into an agreement with […]

Harshit Jain

October 25, 2022 at 01:04 PM