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MSME stands for Micro, Small and Medium Enterprises which was earlier referred to as SSI (Small Scale Business). MSME Division is a department of Central Authorities, accepted underneath The MSMED (Micro, Small, and Medium Enterprises Improvement) Act, 2006. The...
Charitable goal contains reduction of the poor, training, medical reduction, preservation of setting and preservation of monuments or locations or objects of creative or historic curiosity, and the development of some other object of basic public utility. The tax...
As March is the last month for the financial year, it is an important month from the point of view of the tax compliance and other statutory due dates for GST return filings, ROC filing, and Income tax filing...
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Major Change Introduced Vide Limited Liability Partnership Amendment Bill, 2021 (“Bill”)
Major Change Introduced Vide Limited Liability Partnership Amendment Bill, 2021 (“Bill”)
Clause
Purpose
Old Position
Amended position
comments
2(ia)
Introduction of the term ‘debenture’
“debenture” means a non-convertible debenture issued by...
FILE YOUR ITR BEFORE 31JULY
How to File Tax Returns
For information on How to File Returns, please refer to the following resources:
ITR-1 User Manual
ITR-1 Frequently Asked Questions
...
All about Capital Gain Tax in India
This article focuses on the essential fundamentals of capital positive factors for income tax
functions in India.
Capital Positive factors imply revenue or acquire that arises...
The Insolvency and Bankruptcy Code, 2016
Q11. What shall be included in “financial information” according to the Code?
(a) Records of balance sheet
(b) Records of liabilities when a person is solvent
(c)...
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