Impact of Companies Bill 2012 passed by Rajya Sabha on a Private Limited Company The maximum number of members in a private company has been increased from 50 to 200. This will definitely cheer up the corporate world as it enables the private co
A resident individual (singly or along with another resident individual or with an 'Indian Party' as defined in FEMA Notification) satisfying the criteria as enumerated below, may make overseas direct investment in the equity shares and comp
Section 3(38) of General Clauses Act 1897 defines offence as any act or omission made punishable by any law for the time being in force. Section 2(n) of Criminal Procedure Code 1973 (CrPC) also defines &lsq
Capital Protection in Stock Markets
History Gold has traditionally been used as a monetary exchange mechanism in most countries, however, by the 1930s, most countries left gold standard. The USA was the last country to issue gold coins in 1932.
PROVISIONS RELATING TO GOVERNMENT COMPANIES UNDER THE COMPANIES BILL 2012 Companies Bill 2012 which seeks to replace the Companies Act of 19 56 has brought with it dramatic changes in almost all arenas of company administration and management. The
STRINGENT PUNISHMENT FOR FRAUD UNDER COMPANIES BILL 2012 The Objective of any Company law is to help the development of Companies on healthy lines so at to attain the ultimate ends of the social and economic policy of the Government and also to eq
The Finance Act, 2012, which came into force on 1.6.12 has overhauled the laws relating to service tax by making sure that everyone pays service tax. Even your chauffer or your neighborhood auto rickshaw driver will be required to pay service tax in
Place of Provision of Services Rules 1. Introduction Under earlier method of taxation(positive list based) the services which was provided in India was taxable. Section 66A was introduced to tax services which
What is it? Quantitative easing has, been one of the controversial terms ever created. Quantitative easing means buying of assets by a nations central bank in order to inject money into the financial system. Usually, centr
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