Table of content What is Employee Stock Option Plan(ESOP)? What are Sweat Equity Shares & who can issue them? Major difference between Sweat Equity Shares & ESOPs Takeaway People usually tend to mix the concepts of Sweat Equity Shares and Employees Stock Options, but it should be well kept in mind that both the concepts…

Content: Q. Which businesses are required to generate e-invoices now? Q. Which businesses are not required to generate e- invoices? Q. When will e-Invoicing get implemented in India? Q. What is the procedure for generation of E-Invoice under GST? Q. Is an E-invoice being cancelled fully/ partially? Q. Is there any option available for e-invoice…

Content: The CBIC Provisional credit (i.e.10%) reduced to 5% under Rule 36(4) w.e.f. 1 January 2021 Narrowing the validity of E-Way bill (w.e.f. 1st January, 2021) Utilisation of electronic credit ledger for payment of output tax cannot exceed 99% of output tax liability in a month (New Rule 86B w.e.f. 1st January, 2021) Restriction on…

Content: Introduction Legal provisions Conclusion  Introduction: In GST regime as well as in the previous regime, ITC on exempted supply of goods or services shall be reversed and not qualified for availment. One of the exempted supplies is sale of shares/mutual funds. The provisions relating to ITC reversal on such supply are as follows: Legal…

Interest not payable if GST return filed belatedly but amount deposited in Cash Ledger within due date? During the establishment of GST era and with the nascent GST portal, one of the most popular confusion that conned everyone was, whether payment is concluded only after the click on ‘Offset of liabilities’ or payment of GST…

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