Companies Act 2013 for Merger Amalgamation

In relation to merger and acquisitions (M&A), Companies Act, 2013 has replaced the 1956 Act. The new Act enhanced disclosure norms and providing protection to investors and minorities thereby making M&A smooth and efficient. It helps in the overall process of acquisitions, mergers and restructuring, facilitate domestic and cross-border mergers and acquisitions. Under the Companies

Rules & Regulations for an Income Tax Raid

Rules and regulations related to income tax raid or search and seizure was first framed in the Income Tax Act, 1956 by the Income Tax Department. Now we will discuss the concept of search and seizure according to the Income Tax Act, 1961. Officers Authorized to Issue Order for Search & Seizure Here are the

India for its Payroll Services

Payroll services refer to company’s list of employees. The term is mainly concerned with the total amount that company pays to its employees and it also includes records of employee’s salary/wages/bonus and withheld taxes. It plays a very important role in a company in terms of money paid to employees. From the another perspective payroll

GST – Composition Scheme Threshold Limit Changes

After the 16th GST Council meeting held on Sunday, 11th June 2017 Finance Minister Mr. Arun Jaitly announced a further reduction in tax rates for 66 items, as well as an increase in the threshold limit for the composition scheme, which was earlier 50 lakh and is now increased to 75 lakh rupees. It means