As we are seeing global trends where countries are coming up with data protection policies, Govt of India also set-up a committee headed by Justice BN Shrikrishna to come up with Personal Data Protection bill framework which government can implement. Read More
When will the GDPR come into effect? GDPR will come into effect from May 25, 2018 Who does GDPR apply to? GDPR applies globally and companies outside EU will have to comply with the Regulation if they process personal data Read More
The recent disqualification of 3 lakhs directors, deletion of 2 lakh companies by Ministry of Corporate Affairs and compulsory delisting of 200 companies by Bombay Stock Exchange rattled corporate India forcing all Board Members, Senior Management and Auditors to re-check Read More
At least two lac directors on the board of companies, whose names have been struck off by the Registrar of Companies (RoC), will be barred from holding any board position in new ventures although they will not have to step Read More
For every corporate, secretarial work forms a major part of the compliance administration. Secretarial work includes drafting of maintaining agenda, statutory registers, minutes, resolutions, filing of forms, etc. The traditional Company Secretaries are used to preparing the aforesaid documents manually Read More
Legal contract is an agreement enforceable in law. Every business entity has to enter into contracts be it for supply or purchase, partnership or trade or employment or any business deals whatsoever on a day-to-day basis. No modern corporation can Read More
NEW DELHI: India’s tryst with its most comprehensive indirect tax reform, the goods and services tax (GST), will begin on July 1. The GST Council, the apex decision body for the new tax, has stuck to the scheduled rollout. GST Read More
At the Central level, the following taxes are being subsumed: Central Excise Duty Additional Excise Duty Service Tax Additional Customs Duty commonly known as Countervailing Duty, and Special Additional Duty of Customs. At the State level, the following taxes are Read More
The major features of the proposed payments procedures under GST are as follows: Electronic payment process- no generation of paper at any stage Single point interface for challan generation- GSTN iii. Ease of payment – payment can be made through Read More
The major features of the proposed returns filing procedures under GST are as follows: Common return would serve the purpose of both Centre and State Government. There are eight forms provided for in the GST business processes for filing for Read More