ICSI urges to allow CS in practice to be independent directors of a company

08 Sep, 2023

The Institute of Company Secretaries of India (ICSI) has urged the government to allow Company Secretaries in Practice (CSiPs) to be independent directors of companies. The ICSI has made this request in a letter to the Ministry of Corporate Affairs (MCA). The ICSI argues that CSiPs have the requisite skills and knowledge to be independent […]

Read More

Company Registration: A Comprehensive Guide

03 Mar, 2023

Introduction If you’re looking to start a new business in India, one of the first things you need to do is register your company. Company registration is a legal requirement that provides your business with a unique identity and allows you to conduct business activities in a legitimate and transparent manner. In this guide, we […]

Read More

Which Mutual Funds are Good for Long-term SIP?

03 Mar, 2023

Investing in mutual funds through Systematic Investment Plans (SIPs) is an excellent way to create wealth over the long term. SIPs allow investors to invest small amounts of money regularly, which can compound into significant returns over time. However, with so many mutual fund options available, it can be challenging to determine which ones are […]

Read More

Various aspects of the MSME sector in India

02 Mar, 2023

In this article, we will discuss the various aspects of the MSME sector in India and how it has become an integral part of the Indian economy. Introduction The Micro, Small, and Medium Enterprises (MSMEs) sector in India has emerged as a dynamic and vibrant sector that contributes significantly to the country’s economy. It is […]

Read More

KEY TO BUDGET DOCUMENTS BUDGET 2023-2024

01 Feb, 2023

A. Annual Financial Statement (AFS)The Annual Financial Statement (AFS), the document provided under Article 112, showsthe estimated receipts and expenditure of the Government of India for 2023-24 along with estimates for 2022-23 as also actuals for the year 2021-22. The receipts and disbursementsare shown under three parts in which Government Accounts are kept viz., (i) […]

Read More

Budget 2023-2024 Speech of Nirmala Sitharaman

01 Feb, 2023

Minister of Finance February 1, 2023 Hon’ble Speaker,             I present the Budget for 2023-24. This is the first Budget in Amrit Kaal. Introduction 0-3 lakh Nil 3-6 lakh 5 per cent 6-9 lakh 10 per cent 9-12 lakh 15 per cent 12-15 lakh 20 per cent Above ` 15 lakh 30 per cent This […]

Read More

Filing Dates extended for providing relief to taxpayers in view of COVID-19 pandemic

24 Apr, 2020

Due to COVID-19 pandemic and challenges faced by taxpayers, the Government has extended dates for GST filings. These are notified in Notifications 30/2020 to 36/2020 dated 03.04.2020. Circular No. 136/06/2020-GST dated 3rd April, 2020 has been issued. 1. Normal Taxpayers filing Form GSTR-3B a.Taxpayers having aggregate turnover > Rs. 5 Cr. in preceding FY Tax period Late fees waived […]

Read More