A Firm is having 2 partners. Their profit sharing ration is 50:50.One of the partner wants to gift its entire partnership capital to the partner whois her son.

QUERY:Whether it is possible?
If yes the entry can be done by a JV in books and preparing gift deed or we should give it by cheque.
A PFAS of 2 partners in whioch one parner having zero capital balance will still be PFAS or it wil be a proprietory in eyes of law

What is the basic difference between a Bank Guarantee and Letter of Credit?Please give me procedure for availing bank guarantee and cases where bank guarantee required.

Is there any changes Done by the finance ministry in CST Rate instead of 3%

In a case of call center where indivisual telecaller is hired on contract basis with his salary is divided in basic & other beninefits and tds is deducted at contract rate, wheather employer is liable to deduct & depodit PF & ESI on such payament or not.PF & ESI is applicable on such company as per act.

Indian company located in SEZ engaged in 100% export of Jewellery. A foreign company intends to invest 50 % in equity. Does FEMA automatic regulations permits such investment - or Indian company has to move to FIPB for permission. The confusion is that the CEO of Indian company carries an impression that since their unit is having an investment in plant & machinery is less than Rs.50 Million and therefore the unit is a SSI unit and therefore if investment exceeds 24 % they have to move to FIPB and no automatic route is available to foreign company.

Is such impression is correct?

Can somebody plz guide me that how to deposit professional tax for employees of mumbai branch here in delhi? Which challan to be used, can cheque be deposited in bank for same?

Hi,

Revenue stamp needs to be affixed on a voucher when payments exceeding Rs. 5000/- made in cash.
What are the organisations to which this rule is applicable..???
Whether this rule is applicable to a Trust / NGO making payments in cash of Rs. 5000/- or above..???

Any info / extracts on the above subject wil be of gr8 help..!!!

--



Regards,
Chandan.

Can some one guide me with the xl sheet stating stamp duty payable on registering company with minimum share capital, & stamp duty payable on every increase in share capital.
further, also guide me on increase of which share capital we are liable to pay stamp duty like preferential capital, authorised equity captial, Issued & paidup equity capital.

Dear Sir,

What is the Employee Professional Tax rates in MP.

On what amount FBT interest should be charged whether on fringe benefit or on fringe benefit tax?????????????
can anyone help me on this query???????