Difference Between Shareholders And Directors

In this era of startups, forming a company has become a simplified process. With all sorts of benefits and compliances that is required t...

Local, State levies on real estate, petroleum may continue under GST

News & FAQs | By ALOK PATNIA | Feb 16, 2018

Local and State level levies on real estate and petroleum products could continue even after these sectors are included in the Goods and ...

Nitin Gadkari says that to zero percent GST on sale of old commercial vehicles

News & FAQs | By ALOK PATNIA | Feb 16, 2018

India’s commercial vehicle industry may get a tax respite if the Centre’s proposal seeking zero percent Goods and Services Ta...

No GST on food served by hospitals to in-patients

News & FAQs | By ALOK PATNIA | Feb 15, 2018

The Goods and Services Tax (GST) will not be charged on the cost of food served to patients by hospitals as advised by doctors, the gover...

GST e-way bill software set to be overhauled

News & FAQs | By ALOK PATNIA | Feb 15, 2018

The government is looking at complete overhaul of the electronic-way-bill (e-way-bill) system under the goods and services tax (GST) regi...

Dharmendra Pradhan says GST will replace VAT, excise duty on crude oil

News & FAQs | By ALOK PATNIA | Feb 15, 2018

Union Minister for Petroleum and Natural Gas Dharmendra Pradhan on Tuesday said that the excise duty and Value Added Tax (VAT) levied on ...

Punjab University students to pay 5 per cent GST on mess, canteen bills

News & FAQs | By ALOK PATNIA | Feb 13, 2018

Once the vice chancellor gives the nod, Panjab University will levy 5 per cent GST on mess and canteen bills, effective from January 8. T...

GST return simplification panel to meet industry this week 

News & FAQs | By ALOK PATNIA | Feb 12, 2018

The government-appointed panel on GST returns under GSTN chairman Ajay Bhushan Pandey will meet industry and traders this week to seek th...

GST-related queries on Twitter to be handled by eight selected tax officers

News & FAQs | By ALOK PATNIA | Feb 12, 2018

The Finance Ministry has nominated eight tax officers to handle GST-related queries on social media site Twitter, according to an officia...

GST e-way bill set for a month-end rollout

News & FAQs | By ALOK PATNIA | Feb 9, 2018

Technical glitches that aborted goods and services tax (GST) e-way bill’s full-fledged launch on February 1 will be ironed out by the end...

Hindustan Unilever to pay Rs 119 crore as GST dues

News & FAQs | By ALOK PATNIA | Feb 9, 2018

 FMCG major Hindustan Unilever will pay Rs 119 crore as GST benefit accrued to the government.  “Effective November 15, GST rates w...

PROCEDURE OF CONVERSION OF LOAN IN A COMPANY

The procedure to convert the unsecured loan to equity is nowhere specifically mentioned under the companies act 2013. The whole process i...

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