Delegation of powers The appropriate Government may, by notification in the Official Gazette, direct that any power exercisable by it under this Act or the rules made thereunder shall, in relation to such matters and subject to such conditions, if any as may be specified in the direction, be exercisable also— (a) where the appropriate […]
A windfall tax is a higher tax imposed on specific industries when they make unusual and above-average profits. The term “windfall” refers to an unexpected rise in profits, and the tax on windfall gains is known as the windfall tax. A windfall tax is a higher tax levied by the government on specific industries when
Bajaj Auto stands as India’s second-largest motorcycle manufacturer, affiliated with the prestigious Bajaj Group, ranked among India’s top ten business conglomerates. The group’s influence extends beyond two and three-wheelers, encompassing travel, iron and steel, finance, insurance, and home appliances. Overview Bajaj Dealership Bajaj Auto Limited is an Indian multinational two-wheeler and three-wheeler manufacturer headquartered in Pune,
The Copyright Act, of 1957 governs Music Licence in India. It is a form of intellectual property right which is governed in the form of intangible. As an individual composes music, the originality would be of the music producer. This automatically protects the artistic work. Hence the provisions of the Copyright Act would be applied
Compounding interest, as opposed to simple interest, is the situation where your wealth increases exponentially because you earn interest on your total investments, the aggregation of your principal amount and the interest it incurs. Mathematically, the possibilities of compound interest are endless. Most of the modern business thrives on it. One needs a reliable compound interest
The Directorate General of Foreign Trade (DGFT) has recently announced the introduction of the Paper Import Monitoring System (PIMS) by amending the import policy of 201 tariff lines under Chapter 48 of the Indian Trade Classification (ITC) [HS] 2022 / 2017 Schedule 1 for major paper products. This amendment mandates the registration of these products
Rural development is one of the main objectives of Panchayati Raj and this has been established in all states of India except Nagaland, Meghalaya and Mizoram, in all Union Territories except Delhi. and certain other areas. These areas include: The scheduled areas and the tribal areas in the states The hill area of Manipur for
The leader of Rajasthan Ashok Gehlot said he will give free laptops to good students. The students who get 75% or more in the 8th, 10th and 12th exams can get free laptops by the scheme of Free Laptop Scheme . But they must live in Rajasthan and their family must not have much money.
Uttarakhand e-District is an initiative of the Department of Electronics and Information Technology intending to provide government services to citizens through Common Services Centers (CSC). The e-District portal will grant the services related to registration in the certificate, complaint and information authority, public distribution system, pension, Khatouni, revenue disputes and employment centres.With the aim to
GSTN stands for Goods and Service Tax Network, is a non-profit non-government company. It provides shared IT infrastructure and service to both central and state governments including taxpayers and other stakeholders. The registration Front end services, Returns, and payments to all taxpayers will be provided by GSTN. In a nutshell, it will act as the interface between the
CA Bhuvnesh Kumar Goyal
Chartered Accountants
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