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…

To raise subscribed share capital of a registered Company, additional capital shares are issued through Right Issue. However, instead of issuing shares to the public at large, the Company issue shares to existing shareholders of Company in proportion to their existing holding. It is an exceptionally used method to increase the share capital of the Company. According…

According to the Companies Amendment Act 2017, a Company can raise funds or Capital mainly in three ways: (1) Private Placement/ Preferential Allotment (2) Right Issue (3) Bonus Issue. According to the provision of Section-62 subsection (1) clause (a) at any time, a company having a share capital proposes can increase its subscribed capital by issue of…

A company needs funds and ROC for diversification, expansion or for financing various projects. For this, they depend upon share capital and borrowed capital for financing their projects. The Borrowed funds usually consist of funds raised by the issue of debentures (secured or unsecured) or by obtaining financial assistance from Bank or Financial Institutions. The…

India welcomes citizens of almost all countries to invest in India. However, with effect from 17 April 2020, citizens / companies of all countries that share land border with India (Pakistan, Bangladesh, China, Nepal, Bhutan, and Myanmar) require government approval even when investing in sectors that are under automatic route. Notably, entities from other countries…

The Lok Sabha on 19th September, 2020 has passed The Companies (Amendment) Bill, 2020 that decriminalizes several compoundable offenses. It also allows direct listing of Indian companies on Foreign Stock Exchanges and withdraws the criminal provisions in the Companies Act for violations of provisions of CSR rules. It also promotes ease of doing business. In this article we…

There are several ways by which a company can raise long-term capital, e.g. issue of equity shares, preference shares, debentures or accept money by way of deposits. Generally, such capital is utilized for expansion purpose e.g. purchase of non-current assets, such as property, plant and equipment, tangible assets, intangible assets, etc. Sometimes, the companies especially…

Page 1 of 241 2 3 24
MCA India Filings Digital India Make in India StartUp

Copyright © 2020 Goyal Mangal & Company.