Astitva Kumar

Rule 19 of the Central Goods and Services Tax Rules of 2017 contains instructions for submitting an application for making amendment in GST registration. The applicant who wishes to male amendment in GST registration are required to submit the application electronically in Form GST REG-14. Through this article the author will explain the requirements for […]

Over the past ten years, India has significantly improved its ability to achieve economic development and reduce poverty. The most significant development occurred in 1991 when Indian Government has eliminated restrictions and opened its doors to global business. Since it helps to create a more competitive business environment and fosters enterprise development, human capital formation, […]

To guarantee its purity, nearly every product today needs to have an authenticity label. Buyers are reassured of a product’s quality and standards by certification from the BIS (Bureau of Indian Standards). This certification gives consumers peace of mind that a product is secure for usage. It’s also important to remember that BIS certification for […]

In India, the healthcare and medical equipment industries have seen significant growth during the past ten years. According to reports, India has a 250-crore medical device business that accounts for just 6 per cent of the country’s overall healthcare market. The fourth-largest medical device market in Asia is found in India, where the USD 10 Billion […]

A few decades ago, the meaning of business was restricted to only a company, a partnership, or a sole proprietorship. Each type of organization had benefits and drawbacks; for example, partnerships and proprietorships were simpler to set up and run but lacked limited liability, a key component of a company. A Limited Liability Partnership (LLP) […]

With a three-tier federal structure made up of the Union Government, the State Governments, and the Urban/Rural Local Bodies, India has a well-developed tax system. For many of us, income tax is the most intimidating and difficult subject to comprehend. Understanding how taxes are calculated and the numerous phrases used in connection with them is […]

Legal services rendered by an individual attorney, a law company, or senior attorneys are subject to an 18 per cent tax under the Central Goods and Services Tax Act. Legal services refer to products and services offered by Advocates and Lawyers in regard to consultation, advice, or help in any area of law, as well […]

Every nation strives to adhere to the four taxation canons that Adam Smith established. The canons of equity and economy stand out above the rest when it comes to computing PGBP. A person must only pay tax in proportion to his or her ability, and not more, according to the Equity Canon. According to the […]

By creating an innovative and globally competitive industry in India, supported by best-in-class infrastructure, an enabling ecosystem, a streamlined regulatory framework, and qualified workforce, the medical devices sector will be put on an accelerated growth path to increase access and affordability of products and services of excellent quality to meet the evolving needs of patients. […]

One of the most important provisions of the Companies Act of 2013 relates to the compounding of offences. This is because many violations of the Act are technical in nature and result from ignorance due to the confusing complexity of the Act’s provisions. Therefore, it is essential that the Act’s provisions, especially its penalty provisions, […]

On April 21, 1895, in the United States, Woodville Latham and his sons Otway and Grey created the first movie projector. the brilliant innovation and imagination of New Yorker Gene Dolgoff, who created the LCD projector and digital projection. The projector’s primary benefit is that it may be utilised for entertainment. Manufacturers and importers of […]

A digital signature is a subscriber to the document authenticating any electronic document. According to Section 3 of The Information Technology Act of 2000[1], such authentication is done using an electronic method or procedure. In layman’s term the electronic analogues of traditional wet signatures or stamp seals are digital signatures. In comparison to stamp, seals […]

In order to protect the interests of creditors and depositors, the Central Government, in consultation with the Reserve Bank of India (RBI), notified the Companies (Acceptance of Deposits) Amendment Rules 2019 through the Companies (Acceptance of Deposits) Rules 2014. The DPT-3 form is a one-time loan return form that must be filed by a company […]

Having a registered office, which serves as the company’s proof of address, is one of the essential conditions for creating a business. Before opening a business in a rented space, it is typical for start-ups to have a registered office at the promoter’s home. Due to shifting business locations based on demand and cash outflow, […]