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A few key highlights of GST council meeting held on 9 September 2024
The first week of September was anything but favorable for stock market enthusiasts. Far from setting any positive records, the market's performance left financiers and investors alike disheartened.
Bonus shares are a source of earnings for shareholders and for company it is returning profit to shareholders.
A new functionality will be introduced on GSTN portal w.e.f. 1 October 2024 which will require the recipient of goods or services to match the invoices/records with the details uploaded by supplier for availing ITC.
In the governance of companies, the proceedings of shareholder meetings play a critical role. The agenda items discussed in these meetings can be broadly categorized into two types: Ordinary Business and Special Business.
The rise in start-up culture and entrepreneurship in India over the past few years has resulted in an increase in fundraising by businesses. While launching a business has many obstacles, raising finance is the main one that all new businesses must overcome.
A statement called RCM liability/ ITC statement has been introduced on GST portal.
The shareholders in a Company except a Company registered under Section 8, are eligible to get a portion of the Company's profit depending on the number of shares held, this is known as a dividend. It is a distribution of gains by a Company to its members/shareholders.
Share forfeiture can be defined as the process of a cancelling the shares allotted to the defaulting investors by the company.
Section 186 of the Companies Act, 2013 ("Act") deals with loan and investment restrictions imposed on companies.
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