Protection of action taken in good faith (1) No suit or other legal proceeding shall lie against the Bank or any of its officers for anything which is in good faith done or intended to be done in pursuance of section 42 or section 43 [or in pursuance of the provisions of Chapter IIIA]. (2) No […]
The scheme “Financial Assistance for Development of Buddhist/Tibetan Arts and Culture” was launched by the Ministry of Culture, Government of India to provide financial assistance to voluntary Buddhist/Tibetan organizations including Monasteries engaged in the propagation and scientific development of Buddhist/Tibetan culture, tradition and research in related fields. The grant shall be given based on the
The International Driver’s Permit (IDP) is a globally recognised travel document issued under the authority of the United Nations. It serves as an official translation of your domestic driver’s license, making it easier for authorities in foreign countries to verify your driving credentials.An Indian citizen planning to travel abroad and drive a car or motorbike in a
Professional Tax is a tax levied by state governments in India on individuals earning income through professions, trades, or employment. It is applicable to salaried employees, self-employed professionals, and businesses. Many salaried employees might be very well aware of the term ‘professional tax’ as it would have been mentioned in the payslips/Form 16 issued to
Nil GSTR-3B returns are filed in the same manner as regular GSTR-3B returns. Regardless of having no outward or inward supplies, which results in no tax liability for a specific month, it is compulsory for taxpayers to file a nil GSTR-3B via the GST portal for that period. This article provides a comprehensive overview of what is a
A Business Transfer Agreement (BTA) is a legal document used when a business (or a part of it) is being sold or transferred from one party to another. It outlines all the terms and conditions of the sale, making sure both parties Re-organizing the business whether financial, technological, organizational by way of merger, amalgamation, arrangement,
Conjugal Rights refer to the rights and responsibilities that a husband and wife have towards each other after marriage. These rights include: Right to live together Right to companionship Right to physical relationship (consensual) Right to mutual respect and support What is Restitution of Conjugal Rights? If one spouse (husband or wife) leaves the other
The CGST Act’s Section 17(5) addresses blocked credits or ineligible Input Tax Credit (ITC) within the GST framework. When making purchases listed in this provision, taxpayers are unable to claim ITC while settling output tax. This provision provides 11 clauses under which ITC cannot be claimed. Budget 2024 Updates The Government of India has proposed
JioPOS Lite is a mobile application developed by Reliance Jio that enables individuals to become Jio partners, referred to as Jio Associates, allowing them to perform prepaid recharges for Jio customers and earn commissions Jio PoS Jio PoS is an electronic device provided by various banks to merchants for collecting payments from clients or customers.
There can be various reasons why you might be required to get your name changed legally in India. There are certain legal processes that you will have to follow in order to get your name changed. Name Change Procedure in India Affidavit for Name Change The first step is to prepare an affidavit for name
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