KNOWLEDGE CENTER
What is a Small Company & What Exemptions are available for Small Company under Companies Act
Amended Definition of Small Company under Companies Act, 2013. The details of Benefits available for Small Companies with respect to some relaxations on compliance burdens under the Companies Act.
Exemptions to Private Companies wef 05.06.2015
MCA had issued notification vide GSR 464(E) dated on June 05, 2015, there are some confusion over on the notification, regarding applicability of particular sections and filing of forms with MCA in respect of Board Resolution and Shareholder Resolutions U/s 117...
Section 185- Loan to Directors under Companies Act,2013
185 (1) Save as otherwise provided in this Act, no company shall, directly or indirectly, advance any loan, including any loan represented by a book debt, to any of its directors or to any other person in whom the director is interested or give any guarantee or...
SWACHH BHARAT CESS
A Cess which shall be levied and collected in accordance with the provisions of Chapter VI of the Finance Act, 2015 called Swachh Bharat Cess, as service tax on all the taxable services at the rate of 0.5% of the value of taxable service. SBC is not a cess on Service...
Change in Service Tax Rate from 12.36% to 14% effective 1st June 2015
PRESS NOTE DATED 20-05-2015 In the Union Budget, 2015, an increase in the rate of Service Tax from 12% to 14% had been proposed from a date to be notified. The Finance Bill, 2015 has since been enacted and the Central Government has notified 1st June, 2015 as the date...