Managing Director An Overview Definition of Managing Director According to the definition given in Section 2(26) of the Companies Act, 1956:- "Managing Director" means a director who, by virtue of an agreement wit
Morgan Stanley offers $200,000 to IIM student for Investment Banking role! One often reads such lines in newspapers. What is Investment Banking (familiarly called I-banking), and why is it so hot? Lots o
Effective Communication is a great art. It is more important for the people engaged in business and professional services. They need to improve their communication skills from time to time. Professional and business organizations are always looking
Chronological legal history of provisions relating to service tax on renting of immovable propertyA. 01.06.2007 by Finance Act, 2007Section 65 (90a)Renting of Immovable Property includes renting, letting, leasing, licensing, or other similar arrangem
Service tax will be paid on accrual basis except in certain specified cases. 1. Earlier service tax was payable on receipt of payment in respect of taxable services provided.
SECURITIES AND EXCHANGE BOARD OF INDIA (SUBSTANTIAL ACQUISITION OF SHARES AND TAKEOVERS) REGULATIONS, 2011 Gist of: Acquisition of Shares and Disclosure Requirement Substantial Acquisition of Shares, Voting Rights or Control Acquisition: Acqu
Today I have accumulated enough money to buy a new bicycle for myself , said Rahul, a 13 year old kid, who was saving money from last 3 years in his piggy bank. He was quite impressed with his fathers philosophy of saving mone
Introduction:- Service tax by way of Negative list is the beginning of a new era in the 18 years old Service tax law. Mo
Please note that Sub-Brokership and service as an authorised person to a member of a commodity exchange is not covered under negative list, instead it is covered under Mega Exemption notification 25/2012 dt 20-06-12. Hence, one need to first get re
Introduction:- Service tax on Works Contract was introduced on 1.6.2007. Starting with an attractive rate of 2% service tax on the co
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