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Navigating the Deductions in the new tax regime: Understanding the Essentials

June 15, 2024
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Deduction in new regime: The New Tax Regime is new reforms in the income tax consideration introduced within the Union Budget of India in 2020. It supports lower rates of taxation in return for excluding nearly all deductions and incentives that are afforded under the pre–reform laws. The intended outcomes of this regime are namely […]

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Navigating the Deductions in the Old Tax Regime: Understanding the Essentials

June 14, 2024
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The Indian taxes structure has evolved many times with the multiple tax systems having been implemented in order to enhance the ease of tax compliance. one such regime is the old or the previous tax regime which provides innumerable deductions to the individual with an aim to bring down his or her taxable income. To […]

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“Unlock Exclusive Insights: BONUS ISSUE Inside!”

June 13, 2024

BONUS ISSUE Bonus Issue is provided for in the section 63 of the Companies Act, 2013. Bonus shares are issued by way of utilizing the profits and reserves of the company and issuing shares against those profits. The main purpose is to utilize the reserves of the company for the company as well as please […]

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LIST OF DISCLOSURES FOR LISTED COMPANIES UNDER LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS (LODR) REGULATIONS, 2015

June 12, 2024

– Quarterly Compliances  Regulation compliance Timeline Due dateQ1Ending June Due date Q2Ending September Due date Q3Ending December Due date Q4Ending March Regulation 31 (1) (b) Disclosure of shareholding pattern Within 21st day from the end of the quarter By 21st July By 21st October By 21st January By 21st April 27 (2) (a) Corporate Governmance […]

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“Navigating Right Issues: Strategies and Implications for Corporate Financing”

June 11, 2024
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WHAT IS RIGHT ISSUE As per Section 62(1)(a) of the Companies Act, 2013, a right issue is explained as follows: 62(1) Where at any time, a company having a share capital proposes to increase its subscribed capital by the issue of further shares, such shares shall be offered— (a) to persons who, at the date […]

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PREFERNTIAL ISSUE OF SECURITIES

June 10, 2024

PREFERNTIAL ISSUE OF SECURITIES A “Preferential Offer” refers to the issuance of shares or other securities by a company to a selected individual or group on a preferential basis. This does not encompass shares or other securities offered through public issues, rights issues, employee stock option schemes, employee stock purchase schemes, or the issuance of […]

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STATUTORY REGISTERS TO BE MAINTAINED UNDER THE COMPANIES ACT 2013

June 08, 2024

STATUTORY REGISTERS TO BE MAINTAINED UNDER THE COMPANIES ACT 2013. As per the Companies Act, 2013 there are twenty-three registers but out of that fifteen registers have been made mandatory by the act. The format of the Register or the contents of the Register are provided by the law under section 21 (1). Some of […]

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“Discover the Power of Private Placements”

June 07, 2024
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What is Private Placement Section 42 of the Companies Act, 2013 (‘Act’) provides that a company can make a private placement to a select group of persons. Private placement by companies means offering its securities or inviting to subscribe its securities for a select group of persons through an offer letter. It is different than […]

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Navigating and resolving the dispute and disagreements among directors

June 06, 2024

What are options to resolve dispute among directors? Disagreements among directors of a company are quite common. However, if these disputes aren’t resolved quickly, they can significantly harm the business. The situation becomes even more complex if the directors involved are also shareholders. These conflicts can arise for various reasons, such as differing opinions on […]

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“Striking Off a Company: Everything You Need to Know”

June 05, 2024

Strike off of a Company. Striking off a company’s name is an alternative way to wind up its operations. The Registrar of Companies (ROC) can issue a notice to strike off the company’s name from the Register of Companies for specific reasons. Alternatively, the company itself can apply to the ROC for its name to […]

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