Trademarks confer a right to use specific shapes, symbols, colors on goods owned by the business. The process of trademark registration requires careful planning and execution. Trademark registration in India requires approval from the registrar of trademarks. However, in certain cases, the registrar objects to the grant of the trademark. This may lead to delays…
INTRODUCTION The 43rd GST council meeting on 28 May, 2021 which was a continuation of the 42nd GST council meeting, which was held on October 12th, 2020. The meeting was conducted to primarily discuss the one agenda item, namely number 9A. This meeting was held (ie,video conferencing) under the chairmanship of Finance Minister Smt. Nirmala…
Leave Travel Allowance (LTA) is the most common element of compensation adopted by employers to remunerate employees due to the tax benefits attached to it. LTA is the remuneration paid by an employer for employee’s travel in the country, when he is on leave with the family or alone. LTA amount is tax free. LTA…
In this article we will came to know about Drop-shipping Business with the applicability of GST thereon. These days, this business is emerging rapidly because of its no stock requirement which leads no any investment requirement and also no risk of dead stock. What is Dropshipping Business? Dropshipping is a kind of business in which…
In this article we will discuss about the new procedure for registration of entities for undertaking CSR Activities, with effect from 1st April 2021 every entity undertaking CSR Activities must register with MCA by filing form CSR-1. In accordance with the Companies (Corporate Social Responsibility Policy) Amendment Rules, 2021, company can undertake CSR activities either…
Introduction- As per Companies Act 2013, Sec 2(34) director means a director appointed to the board of company. Thus he is a person appointed to perform the duties and function of the company in accordance with the provisions of Companies Act 2013. As per companies act there is a limit to minimum number of directors…
Introduction Stamp Duty is a tax levied on sale of property purchases or documents by the state government. It varies from state to state. The value of stamp duty to be charged depends on the value of instrument or property on which it has been imposed. Earlier the stamp duty was to be charged only…
Introduction– A board report is an important document of the company which is used to communicate the shareholders with the position, performance, major changes in policies, documents, plans, future goals, expansions if any, etc. This report is attached with the financial statements and is laid before the general meeting. A new amendment was inserted in…
Central Board Of Direct Taxes (CBDT) in exercise of its power Under Section 119 Of Income Tax Act, 1961 has extended the time limits of certain compliance to provide relief to the taxpayers in the view of this severe pandemic (COVID 19) for FY 20-21 and AY 21-22 RELAXATION PROVIDED BY INCOME TAX DEPT In…
In India Gold in the form of biscuits, bonds, jewellery has a lot of importance from the point of investments or for the beauty of women. But before buying any of them, you always think whether it is in the ambit of Income Tax or not. You might be afraid that you could receive the…