MINISTRY OF CORPORATE AFFAIRSNOTIFICATIONNew Delhi, the 28th August, 2019 S.O. 3119(E).—In exercise of the powers conferred by sub-section (1) of section 435 of the Companies Act,2013 (18 of 2013), the Central Government with the concurrence of the Chief Justice of the High Court, Bombay, herebymakes the following amendments in the notification of the Government of […]
Cost of Goods Sold (COGS) is the direct cost of a product to a distributor, manufacturer, or retailer. Sales revenue minus cost of goods sold is a business’s gross profit. The cost of goods sold is considered an expense in accounting. COGS are listed on a financial report. What Is Cost of Goods Sold (COGS)?
The state-of-the-art infrastructure we admire and cherish was only created due to the workmanship and astute execution of the project by the construction workers. The State Government of Odisha (previously known as Orrisa), with the object of catering to the needs of such workers after the cessation of their services, has drafted a scheme known
The MCA (Ministry of Corporate Affairs) has amended LLP Rules by introducing form 24 which paves way to easily dissolve the LLP by making an application to strike down the name. Section 63 of Limited Liability of Partnership Act, 2008 outlines on winding procedures of LLP. The mentioned winding up/ dissolution could either be voluntary or by Tribunal. The
The placebo effect of price occurs when consumers believe that the more expensive the product, the better its quality, even if this is not true. Learn the definition of the placebo effect of price and analyze how it affects businesses and consumers. The placebo effect in business may lead to increased customer satisfaction if customers
It is an extension to the Authorization to grade and mark articles certificate provided under the Agricultural Produce (Grading and Marking) Act, 1937. This approval is required by any person or entity desiring to set up a laboratory for grading commodities which require laboratory testing for quality assessment as per Rule 8 of the General Grading
Ensuring everyone has equal and fair access to drugs and medicine is the primary concern of any government. But the right to manufacture and sell drugs and medicines has to be given cautiously. Hence the government has stringent rules for granting licenses for the manufacturing and selling of drugs and medicine. The Act that governs
Repeal The Freedom of Information Act, 2002(5 of 2003) is hereby repealed. Practice area’s of B K Goyal & Co LLP Income Tax Return Filing | Income Tax Appeal | Income Tax Notice | GST Registration | GST Return Filing | FSSAI Registration | Company Registration | Company Audit | Company Annual Compliance | Income
Power to remove difficulties. (1) If any difficulty arises in giving effect to the provisions ofthis Act, the Central Government may, by order published in the Official Gazette, make such provisionsnot inconsistent with the provisions of this Act as appear to it to be necessaiy or expedient for removal ofthe difficulty:Provided that no such order
Laying of rules (/) Every rule made by the Central Government under this Act shall be laid, assoon as may be after it is made, before each House of Parliament, while it is in session, for a total periodof thirty days which may be comprised in one session or in two or more successive sessions,
CA Bhuvnesh Kumar Goyal
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