Sherin Jose

The Central Good and Services Tax Act of 2017 grants powers to officers appointed under the Act to make specific enquiries, call for documents or a thing or demand the presence of any person. Section 70 of the Goods and Services Act or GST of 2017[1] lays down the law applicable to issuing summons to […]

The financial budget for 2023 has made many changes to the new income tax regime for the financial year 2023-2024, and it has been a source of great reprieve to the tax paying citizens of the country. There are a few significant changes and introductions made in the tax regime, and they shall be applicable […]

The Ministry of Corporate Affairs or the MCA, vide a notification dated 20 January 2023, amended the Companies (Appointment & Qualification of Directors) Rules of 2014 through Companies (Appointment & Qualification of Directors) Amendment Rules, 2023. The notification primarily focuses on amending Rule 14 of the 2014 Rules, which pertains to the directors’ disqualification as […]

The MCA or the Ministry of Corporate Affairs vide a notification dated 20 January 2023 named Nidhi (Amendment) Rules, 2023 amended the Nidhi Rules of 2014 in the exercise of its powers granted under Section 406 (1) read with Section 469 (1) and (2) of the Companies Act of 2013. The notification aims to amend […]

Micro, Small, and Medium Enterprises or MSMEs are the backbones of the Indian economy as they contribute significantly to the Gross Domestic Product or GDP[1] of the country and also provide employment to many people. MSMEs include manufacturing enterprises engaged in the production or manufacture of goods in relation to any industry or using a […]

The Finance Budget for 2023 (Budget Expectations 2023) shall be presented in the parliament on 1 February 2023. The budget[1] is expected to focus on improving the funding for infrastructure, creating jobs, manufacturing, rural economy, and other important sectors. It is largely expected that the government shall provide tax reprieve to senior citizens and salaried […]

Climate change is increasingly becoming a huge part of global conversations, with the focus being placed on mitigating the effects of global warming and improving waste management[1]. There are various factors which contribute to the rising negative impacts on the environment caused due to environmentally unfriendly practices being carried out by humans. There has been […]

The Employees Provident Fund or the EPF is regulated by the Employees Provident Fund Organization or EPFO, which is the most prominent security organization in the world with respect to the volume of transactions and clients. The EPF is a scheme which was introduced to benefit the employee during retirement and was brought about under […]

The benchmark for Ease of Doing Business in a country is often determined by the efficacy of commencing a business in that country. Owing to India’s aim to rise high up in the ranks of the “Ease of Doing Business Index” maintained by the World Bank, the Ministry of Corporate Affairs introduced Form INC-29 to […]

A Section 8 company cannot put its profits or income to any other use other than advancing its objectives. Section 8 companies cannot pay dividends towards members. A Section 8 organisation is established for charitable or not-for-profit purposes. As per Section 8 of the Companies Act, 2013, for an organisation to operate as a Section […]

A Section 8 company is a non-profit entity which has been formed for charitable purposes or for social welfare purposes like “promotion of commerce, art, science, sports, education, research, social welfare, religion, charity, protection of environment or any other such object”. For an entity to operate as a Section 8 company, it is required to […]

Goods and Services Tax or GST is the volume-added tax which is levied on goods which are deployed in the domestic market for consumption and on services which are used in the country. It’s a uniform track structure which is was established by the government of India in 2017 to put in place a uniform […]

A limited liability partnership or an LLP is regulated by the limited liability partnership act of 2008. It is a unique business structure which has characteristics of a partnership and a private limited company. An LLP how to separate and distinct legal entity which is separate. It has perpetual existence, which means that an LLP […]

The Code of Civil Procedure, 1908 contains a nimiety of procedures which involves filing different kinds of documents with the Court for the conduct of a civil suit. The Code also mentions the various rights available to the litigants while litigating a civil suit. The right to lodge a caveat petition is one such right […]