March 2024

No question asked return policy

A No Return, No Refund Policy is a policy where customers are informed that they are not allowed to return or get refunds for products they have purchased. A no-questions-asked refund policy is a customer service strategy that allows buyers to return products or services without having to provide any explanation or justification. It is […]

Late filing fees penalty for non payment of tds tcs

Tax Deducted at Source was introduced with the purpose of collecting tax from the source of income. According to this concept, a person, known as a deductor, is liable to make a payment of specific nature to another person, known as a deductee. A person called a deductee shall then deduct tax at source and

WPC – Dealer Possession License (DPL)

DPL License or the Dealer Possession License is issued to dealers and possessors of Wireless products. These entities are involved in the sales and distribution of wireless equipment. As per the telecom rules, the holders of DPL License can’t sell their products to companies or entities that don’t have the approval of the WPC to

Reserve Bank of India (RBI)

The overall economic efficiency and the stability of a nation are dependent on the payment and settlement system prevailing in that country. As a result, the various regulators in India, including the central bank, have been regularly and consistently revising their operating models and policies to ensure and carry on the development of payment systems

Gross margin

Gross margin, a key financial performance indicator, is the profit percentage after deducting the cost of goods sold (COGS) from a company’s total revenue. This gross profit metric gives businesses valuable insights into their operational efficiency and profitability by revealing how much money is left to cover overhead expenses such as marketing costs, rent, and employee salaries.

Amendments to Schedule V of CA 2013

MINISTRY OF CORPORATE AFFAIRSNOTIFICATIONNew Delhi, the 12th September, 2018 S.O. 4822(E).—In exercise of the powers conferred by sub-sections (1) and (2) of section 467 of the CompaniesAct, 2013 (18 of 2013), the Central Government hereby makes the following amendments to amend Schedule V of thesaid Act, namely:—2. In Schedule V of the Companies Act, 2013,-(1)

S.O. 4823(E) Commencement Notification

MINISTRY OF CORPORATE AFFAIRSNOTIFICATIONNew Delhi, the 12th September, 2018 S.O. 4823(E).—In exercise of the powers conferred by sub-section (2) of section 1 of the Companies(Amendment) Act, 2017 (1 of 2018), the Central Government hereby appoints the 12th September, 2018 as the date onwhich the provisions of sections 66 to 70 (both inclusive) of the said

The Companies (Appointment and Remuneration of Managerial Personnel)Amendment Rules, 2018

MINISTRY OF CORPORATE AFFAIRSNOTIFICATIONNew Delhi, the 12th September, 2018 G.S.R 875(E).— In exercise of the powers conferred by sub-sections (1) and (2) of section 469 of theCompanies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules further to amend theCompanies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, namely:—1. (1) These

The Limited Liability Partnership (Second Amendment) Rules,2018

MINISTRY OF CORPORATE AFFAIRSNOTIFICATIONNew Delhi, the 18th September, 2018 S.O. 896 (E).— In exercise of the powers conferred by sub-sections (1) and (2) of section 79 ofthe Limited Liability Partnership Act, 2008 (6 of 2009), the Central Government hereby makes thefollowing rules further to amend the Limited Liability Partnership Rules, 2009, namely:—1. (1) These rules

Commencement Notification I

MINISTRY OF CORPORATE AFFAIRSNOTIFICATIONNew Delhi, the 19th September, 2018 S.O. 4907(E).— In exercise of the powers conferred by sub-section (2) of section 1 of the Companies(Amendment) Act, 2017 (1 of 2018), the Central Government hereby appoints the 19th September 2018, as the date onwhich the provisions of section 37 of the said Act shall come