FAQs on Withdrawal of Legal Tender Character of the Old Bank Notes in the denominations of 500 and 1000 and The Specified Bank Notes (Cessation of Liabilities) Ordinance 2016

(Updated as on January 17, 2017) 1. Why was the Scheme of Withdrawal of Legal Tender Character of the old Bank Notes in the denominations of ₹ 500 and ₹ 1000 introduced? The incidence of fake Indian currency notes in higher denomination has increased. For ordinary persons, the fake notes look similar to genuine notes,… Read More

Note on Employees Enrolment Campaign, 2017 under EPF

NOTE ON EMPLOYEES ENROLLMENT CAMPAIGN, 2017 UNDER EPF 1. The Central Government has amended paragraph 82 of the Employees’ Provident Funds Scheme, 1952 and inserted paragraph “82A. Special Provision in respect of Employees’ Enrolment Campaign, 2017” vide notification No. G.S.R. 1190(E) dated 30th December, 2016 to be called as the Employees’ Provident Funds (Seventh Amendment)… Read More

Fast Track Exit under Companies Act 2013_Section 248

MCA vide notifications dated 26th December, 2016 notified Section 248 on Removal of Name of the Company from the Register of Companies and Companies (Removal of Name of the Company from the Register of Companies) Rules, 2016 collectively comprising provisions related to Fast Track Exit Scheme under Companies Act, 2013. APPLICABLE PROVISIONS As per Section… Read More



RECTIFICATION UNDER SECTION 154 OF INCOME TAX ACT Hello readers, we all understand rectification just as correction in any order passed by Income tax authority concerned so let's review every clause of section 154 in detail with relevant judgement and my significant findings to it. Now you can first read the extract of Act in… Read More

Tags: 154Income taxIncome Tax RefundsITRRECTIFICATIONTax

Revised GST Enrollment dates

GSTN releases revised schedule for enrollment of existing taxpayers under VAT, Service Tax and Central Excise laws under GST. revised enrollment schedule can be downloaded below:   Latest GST Enrollment schedule Read More

Tags: EnrollmentGSTGSTN

5 vital pieces of advice for Trademark Registration in India

5 vital pieces of advice for Trademark Registration in India

Trademark registration gives legal right to the owner of a company to use a particular symbol or logo as the identity of their business. Trademark registration is the first thing an owner should look for after the successful company name registration. To avoid future conflicts because of similarities with the mark of any other organisation… Read More

Tags: Registration ActTrademark


On 07th December, 2016, Ministry of Corporate Affairs (MCA) has vide its Commencement Notification notified various sections of Companies Act, 2013 which includes arbitration, compromise, arrangements and reconstruction and winding up companies which has come into force with effect from 15th December, 2016. The Section 66 which is the governing provision for Reduction of Share… Read More

Cable Television and Copyright Owners

Abstract: ‘TV is galloping in; the country has sixty million homes with TV, of which twenty eight million are cabled, bringing to city and hamlet alike a choice of around a hundred channels. ‘There are now more TV channels available in Mumbai than in most US cities,’ Bill Clinton noted on a trip to the… Read More

Tags: Broadcasting RightscopyrightIPRLaw

Woman directorship – preceptive or expedient

Woman directorship - preceptive or expedient  “Woman” (Whole of ‘Man’) whenever one heard this inevitable word, the image of mother, sister, friend, girl friend & wife will display in his mind. In the family scenario, especially in case of India, woman is angel of the family. One can’t imagine the life without woman. From the… Read More

Company Secretary (CS) profession

Company Secretary (CS) profession – the game changer Career means what? People opine that career means to study and get ‘good’ degree and get a well paid job or getting engaged in business / profession, which will fulfil all their financial needs. But friendly speaking, according to me and many of the reader here will… Read More

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