Edit Content

Main Menu

Legal Suvidha

Everything about Shops and Establishment Registration

SHOPS AND ESTABLISHMENT REGISTRATION The Shop and Establishment Act is regulated by the Department of Labor and regulates premises wherein any trade, business or profession is carried out. The act not only regulates the working of commercial establishments but also societies, charitable trusts, printing establishments, educational institutions run for gain and premises in which banking,

Everything about Shops and Establishment Registration Read More »

CBDT Amends Rule 17CB to replace the words ” Trust or Institution” with Specified person

CBDT AMENDS RULE 17CB TO REPLACE THE WORDS ” TRUST OR INSTITUTION” WITH SPECIFIED PERSON   CBDT amends rule 17CB to replace words ‘trust or institution’ with ‘specified person’ vide Notification No. 101/2022-Income Tax | Dated: 22nd August, 2022 MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) Notification No. 101/2022-Income Tax | Dated:

CBDT Amends Rule 17CB to replace the words ” Trust or Institution” with Specified person Read More »

MCA notifies Companies (Incorporation) Third Amendment, Rules 2022

MCA NOTIFIES COMPANIES (INCORPORATION) THIRD AMENDMENT RULE, 2022   The Ministry of Corporate Affairs (MCA), on 18th August 2022, notified Companies (Incorporation) Third Amendment Rules, 2022, to further amend the Companies (Incorporation) Rules, 2014. Vide this amendment, MCA has announced a new Rule 25B, which is about Physical verification of the registered Office of the

MCA notifies Companies (Incorporation) Third Amendment, Rules 2022 Read More »

Recent Amendments of Goods Transport Agency (GTA) under GST

RECENT AMENDMENTS OF GOODS TRANSPORT AGENCY (GTA)UNDER GST As per Notification No. 11/2017-Central Tax (Rate) dated 28th June, 2017, “goods transport agency” or GTA means any person who provides service in relation to transport of goods by road and issues consignment note, by whatever name called. This means, while others might also hire out vehicles

Recent Amendments of Goods Transport Agency (GTA) under GST Read More »

Section 115BAB: Tax on Income of Certain New Domestic Manufacturing Companies

SECTION 115BAB: TAX ON INCOME OF CERTAIN NEW DOMESTIC MANUFACTURING COMPANIES The government has introduced a favourable tax regime for new manufacturing companies. The Taxation Laws (Amendment) Ordinance, 2019 passed on 20 September 2019 has inserted Section 115BAB offering a low tax rate of 15% (plus surcharge and cess) to new manufacturing companies. This is

Section 115BAB: Tax on Income of Certain New Domestic Manufacturing Companies Read More »

CBDT Notifies Charitable Institution to maintain books of accounts

BOOKS OF ACCOUNTS TO BE MAINTAINED BY CHARITABLE INSTITUTIONS INTRODUCTION: Charity is a voluntary help either in money or kind to the needy. Collective efforts are always more fruitful. Hence, there are various Non-Governmental Organizations (NGOs) and non-profit entities constantly working on charitable activities by raising funds all over the world by forming either an

CBDT Notifies Charitable Institution to maintain books of accounts Read More »

Want to Mange Your Business in a better way?