Tax Rates 1.1. In case of an Individual (resident or non-resident) or HUF or Association of Person or Body of Individual or any other artificial juridical person Individuals (Other than senior and super senior citizen) Net Income Range Rate of Income-tax Assessment...
UNDERSTANDING A LIMITED LIABILITY PARTNERSHIP A Limited Liability Partnership or LLP is an alternative corporate business form which offers the benefits of limited liability to the partners at low compliance costs. It also allows the partners to organize their...
A Company is an artificial person which is owned and managed by group of persons. It is owned by those who contribute the capital i.e. the shareholders whereas managed by those who are elected by the owners i.e. the directors. In such a case, the working directors or...
Measures Features Direct Financial Impact INR 3 lakh crore earmarked for MSME lending Collateral-free, automatic route, 4 year tenure, 12m moratorium on principal repayment INR 20,000 crore debt subordination for stressed MSMEs MSMEs classified as NPAs or stressed,...
In view of addressing the disruptions caused by the outbreak of COVID-19, the Ministry of Corporate Affairs (MCA), on March 24, 2020 has notified certain relaxations to combat the burden on the Companies and Limited Liability Partnerships (LLPs) registered in India....
INTRODUCTION Corporate Social Responsibility (CSR) is responsibility conferred on the Corporates towards the society, the environment and the community within which it operates. CSR is not merely a charity in the present era but helps a lot a Corporate to increase the...
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