Loans and credit cards are used borrow funds and have many of the same standard credit provisions. In both loan and credit card agreements you will typically find funds offered from a lender at a specified interest rate, where the payments will be monthly, quarterly, or annually.
Home loans can help people purchase an apartment/home of their choice/dreams. Often, people want to buy a new home but don't have ample funds. If they wait to gather the funds, the home rates might go up.
Meet Anil Shah from Mumbai, Maharashtra emerged as the topper of the CA Final May 2022 exams. He has secured the highest 642 marks out of 800.
As businesses are no longer confined to local territories and willing to expand overseas and overseas investors also want to invest in India the scope of international taxation has enormously expanded. International taxation has seen huge changes in a decade of time.
The executive management of a company is responsible for the day-to-day functioning of the company. The Companies Act, 2013 has used the term key managerial personnel to define executive management. The key managerial personnel are the point of first contact between the company and its stakeholders.
Every working individual knows about the CTC (cost to the company) as salary, and some people don't worry about various deductions after seeing them in CTC. Still, some become skeptical after seeing that a chunk of the salary will be deducted as Provident Fund (PF) or EPF (Employees Provident Fund).
Several amendments have been proposed in the 47th GST Council Meeting.The government issued nine Central Tax (Rate) notifications starting from number 03/2022 to 11/2022 on 13th July 2022. These notifications provide details about the changes in GST rates and shall come into effect from 18th July 2022
The regulators has imposed restrictions for related party transactions for empowering protection to the minority shareholders' interests through requirement of the approval of the shareholders through a resolution for all material related party transactions, wherein all the related party of the company refrain from voting.
Vide Notification No. 78/2020 - Central Tax dated 15th October, 2020, it is mandatory for the taxpayers to report minimum 4 digits or 6 digits of HSN Code in Table-12 of GSTR-1 on the basis of their Aggregate Annual Turnover (AATO) in the preceding Financial Year.
Central government is actively working on "New SEZ Policy" which is expected to be introduced by end of this year to make SEZ units more attractive and to boost the domestic and foreign trade.
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