Amendment of section 57 In section 57 of the Income-tax Act,— (a) in clause (i), after the words “in the case of dividends,”, the words, brackets, letter and figures “other than that referred in sub-clause (f) of clause (22) of section 2″ shall be inserted with effect from the 1st day of October, 2024; […]
Amendment of section 56 In section 56 of the Income-tax Act, in sub-section (2), in clause (viib), after the second proviso, the following proviso shall be inserted with effect from the 1st day of April, 2025, namely:— “Provided also that the provisions of this clause shall not apply on or after the 1st day of April,
Amendment of section 55 In section 55 of the Income-tax Act, in sub-section (2), in clause (ac), in the Explanation, in clause (a), in sub-clause (iii), after item (A), the following item shall be inserted and shall be deemed to have been inserted with effect from the 1st day of April, 2018, namely:— “(AA) not listed
Amendment of section 50AA In section 50AA of the Income-tax Act,— (a) for the portion beginning with the words “Notwithstanding anything contained in” and ending with the words “short-term capital asset:”, the following shall be substituted and shall be deemed to have been substituted with effect from the 23rd day of July, 2024, namely:—
Article 39(b): All Private Properties Cannot Form Part of the ‘Material Resources of the Community’, Supreme Court On November 05, 2024 (Yesterday), the Supreme Court (SC) of India delivered a long-awaited decision on the question ‘whether private resources fall within the definition of material resource of the community under Article 39(b) of the Constitution of
The proposed merger reduces the number of RRBs from 43 to 28 to make them more efficient. Consolidation is also derived from vision of One State-One RRB. Consolidation of RRBsRRBs have been consolidated in a phased manner based on recommendations of Dr. Vyas Committee (2001).Consolidation began in 2004-05 which resulted in reduction of such institutions
Craftsvilla is an Indian-based e-commerce platform that sells ethnic items for women, such as ethnic clothing, ethnic footwear, ethnic fashion accessories, ethnic handcrafted home accessories, lifestyle products, and beauty products from the industry. Craftsvilla, created in 2011 by Monica & Manoj Gupta, is an online marketplace for exclusive handmade, handmade, organic, and gift products. The
The scheme “Kailash Mansarovar Yatra” is implemented by the Religious Trusts and Endowments Department, Government of Madhya Pradesh. The objective of this scheme is to provide financial assistance to the pilgrims of the state going on the Kailash Mansarovar Yatra. Such persons of Madhya Pradesh, who have completed the journey of Kailash Mansarovar after finding
National Small Industries Corporation (NSIC) offers support and works for the growth and development of Micro, Small, and Medium Enterprises (MSMEs) nationwide. NSIC works under the Ministry of Micro, Small, and Medium Enterprises (MoMSME) for the promotion of these enterprises. NSIC offers Credit support to MSMEs with the help of three major credit facilities: Raw
The company is regulated by two bodies the shareholders and the directors. The shareholders provide funds to the director of the company and in return the directors of the company perform business from the funds that are received from the shareholders. Therefore the Board of directors is under an obligation to present the books of
CA Bhuvnesh Kumar Goyal
Chartered Accountants
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9971782649
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