Change in Object clause of the Company involves Alteration of Memorandum of Association of the Company. Section 13 of Companies Act 2013 regulates the process of amendment in Memorandum of Association and is applicable to…
A. What is E-Invoice? ‘E-invoicing’ facilitates exchange of the invoice document (structured invoice data) between a supplier and a buyer in an integrated electronic format. As per Rule 48(4) of CGST Rules, notified class of…
The Central Government, vide Notification GSR 92(E) dated 01st February, 2021 has amended the Companies (Specification of Definitions Details) Rules, 2014 which shall come into force on the 1st day of April, 2021. According to the notification paid-up capital limit increased…
Interest payable, Rates, Periodicity From 01.04.2020, interest rates are 7.1 % per annum (compounded yearly). 2. Minimum Amount for opening of account and maximum balance that can be retained Minimum INR. 500/- Maximum INR. 1,50,000/-…
One person Company means a company which is wholly managed and controlled by a single person. The management of OPC comprises of only one person which consists of 100% of shares in that company. OPC…
Employees Provident Fund (EPF) is a scheme in which retirement benefits are accumulated. Under the scheme, an employee has to pay a certain contribution towards the scheme and an equal contribution is paid by the…
As per the GST Act, only a farmer, to the extent of supply of agricultural products cultivated from land is free from the requirement of GST registration. In detail, as per GST Act an agriculturist as…
The online method for modification or surrender of PAN card: Step 1 – Go to the tin-nsdl.com website. Step 2 – Select “PAN” from the services menu. Click on “Apply” under the sub-heading that reads…