Secretarial Standard 1- A bird’s view
SECRETARIAL STANDARD 1- A BIRD’S VIEW Companies follow diverse secretarial practices and, consequently, there was a need to put together, harmonize and standardize such practices so as to uphold...
View ArticleConcept of one person company
OPC- Section 2(62) of Companies Act, 2013 provides that “One Person Company” means a Company which has only one person as a Member. CHARACTERISTICS OF OPC- 1) Natural Person + Indian Citizen + Resident...
View ArticleDecoding GST (Part 2) – Step towards GST
The current article would be focusing on the historical background of Goods and Services Tax and how it has evolved over the period in India.In almost all the budget speeches since the year 2006-07,...
View ArticleDecoding GST (Part 1) – Road to GST
To set the stage for the ambitious reform legislation, the Union Cabinet under the leadership of Shri Narendra Modi ji on 17th December, 2014 approved the proposal for introduction of a Bill in the...
View ArticleHow to Identify and Avoid Tricky Financial Advisors?
It is a common thing to hear these days that when you are looking for a suitable investment plan to fit in to your financial plan, not every time can you expect the correct advice from the financial...
View ArticleRequirements for Incorporation of Private limited Company
Requirements for Company Incorporation For Filing Name Availability (Form INC 1) a. Number of Promoters. Provide DIN, PAN Xerox of both sides, and Address proof Xerox of all promoters. b. Email ID,...
View ArticleSuggested study plan for CA Final May 2016
CA Final exams of May 2016 are coming closer. We have sufficient time for exam preparation. ICAI have already declared CA Final results. Last attempt (NOV 2015) ICAI declared very low pass percentage...
View ArticleCompanies (Auditor’s Report) Order, 2015.- applicability
Introduction Means Companies (Auditor’s Report) Order, 2015. It describes the matter on which statutory auditors has to report in their Audit Report. Applicable From 10th April 2015. Audit Report...
View ArticleDirector Identification Number (DIN)
It is an unique Identification Number allotted to an individual who is an existing director of a company or intends to be appointed as director of a company pursuant to section 153 & 154 of the...
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Professional opportunity for Chartered Accountants
The opportunities for a Chartered Accountant are clearly vast, the scope massive. For a small and medium practice to grow, the firm has to “THINK BIG.” Success comes only to doers and not onlookers...
View ArticleFast track exit for companies
FAST TRACK EXIT MODE Ministry has issued Guidelines for “Fast Track Exit (FTE) Mode” to give opportunity to the defunct companies to get their names struck off from the register under Section 560 of...
View ArticleRequirements for ST registration in India
Service Tax is an Indirect Tax in India enacted under the Finance Act, 1994. The government of India has streamlined the process of Service Tax Registration across India and a common set of documents...
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