LOAN TO DIRECTORS – Section 185
To clear the ambiguity in the current provisions in order to strengthen the administration and code of conduct and to meet the necessities of Corporate India, the Government has come up with various new policies and amended the existing ones. The amendment to section 185 of the companies act is discussed below:- LOAN TO DIRECTORS […]
Highlights of the 32nd GST Council Meeting
GST Registration Threshold Limit – Effective from 1st April, 2019, the threshold limit for GST Registration for suppliers of goods will be increased from Rs 20 lakhs to Rs 40 lakhs. However, this limit remains Rs 20 lakhs for suppliers of services. For the special category States, this limit in case of supply of goods […]