Skip to main content

Quick Overview on G20 - 2023 India

  The 2023 G20 summit was held in New Delhi, India, on September 9-10, 2023. The main venue was the Pragati Maidan, a large exhibition complex in central Delhi. The summit was also held at other venues in New Delhi, including the Hyderabad House, the Prime Minister's residence, and the India International Centre. The 2023 G20 summit was attended by the leaders of the 20 member countries of the G20, as well as the leaders of several invited countries, including Argentina, Indonesia, Senegal, South Africa, and Turkey. The summit was also attended by the heads of international organizations, such as the United Nations, the World Bank, and the International Monetary Fund. The G20 Delhi Declaration was the outcome document of the 2023 G20 summit. It was a 38-paragraph document that covered a wide range of issues, including: The global economy and finance: The declaration called for continued efforts to strengthen the global economy and financial system. It also emphasized the importance...
Post a Comment

Form BEN 2 Date is extended upto September 30, 2019

Form BEN 2 Date is extended

After several representations received regarding extension of the last date for filing of e-Form BEN-2 without additional fees, Ministry of Corporate Affairs has issued a general circular stating that the time limit for filing e-form No.BEN-2 is extended upto 30.09.2019 without payment of additional fee and thereafter fee additional fee shall be payable.
http://www.mca.gov.in/Ministry/pdf/GeneralCircular_29072019.pdf

Labels:

Comments

Post a Comment

Popular posts from this blog

Staggered Delivery Period in Commodity futures contracts

              Staggered Delivery Period in Commodity futures contracts Sebi fixed the minimum duration of the staggered delivery period at five working days for all commodity futures in order to bring uniformity in the timeline across exchanges. Staggered delivery period is the duration during which sellers or buyers having open position may submit an intention to give or take the delivery of the contract. All compulsory delivery commodity futures contracts (agriculture commodities as well  as  non-agriculture  commodities) shall have  a staggered  delivery period. https://www.sebi.gov.in/legal/circulars/jul-2019/staggered-delivery-period-in-commodity-futures-contracts_43702.html
Post a Comment
Read more

Tax Audit

. What is tax audit? ​​​​​The dictionary meaning of the term "audit" is check, review, inspection, etc. There are various types of audits prescribed under different laws like company law requires a company audit, cost accounting law requires a cost audit, etc. The Income-tax Law requires the taxpayer to get the audit of the accounts of his business/profession from the view point of Income-tax Law. Section 44AB  gives the provisions relating to the class of taxpayers who are required to get their accounts audited from a chartered accountant. The audit under  section 44AB  aims to ascertain the compliance of various provisions of the Income-tax Law and the fulfillment of other requirements of the Income-tax Law. The audit conducted by the chartered accountant of the accounts of the taxpayer in pursuance of the requirement of  section 44AB ​ is called tax audit. The chartered accountant conducting the tax audit is required to give his findings, observation, etc., in the...
Post a Comment
Read more

Save Tax by Investing in Tax Saving Investments which can be claimed under Deduction

  Here are some popular tax-saving options along with explanations and real-life examples: Section 80C Deductions: Under Section 80C, you can claim deductions up to Rs. 1.5 lakh per financial year. Some popular investment options include: Employee Provident Fund (EPF) : Contributions made towards EPF are eligible for 80C deductions. For example, if your annual basic salary is Rs. 6 lakh, and you contribute 12% (Rs. 72,000) to EPF, you can claim a deduction of up to Rs. 72,000 under Section 80C. Public Provident Fund (PPF) : Investments in PPF also qualify for 80C deductions. The maximum annual contribution is Rs. 1.5 lakh. 5-year Fixed Deposits : Investments in certain 5-year fixed deposits with banks are eligible for deductions. Section 80D Deductions (Health Insurance Premium): You can claim deductions for premiums paid for health insurance policies for yourself, your spouse, children, and parents. For example, if you pay a health insurance premium of Rs. 20,000 for your family, ...
Post a Comment
Read more