Startup Registration Service A startup is a company or project initiated by an entrepreneur to seek, validate and effectively develop a scalable business model. Startups refer to the new businesses that intend to grow beyond the solo founder, have employees, and intend to grow large. Startup Business...
INCOME COMPUTATION AND DISCLOSURE STANDARDS The Ministry of Finance published 12 draft ICDS, out of which 10 ICDS were notified by the government on 31 March 2015. The government specified a deferment of one year from the date of implementation of these standards; the notified ICDS...
IND AS The institute of Chartered Accountants of India (ICAI) being the accounting standards- setting body in India, way back in 2006, initiated the process of moving towrads the International Finanacial Reporting Standards(IFRS) issued by the Interanational Accounting Standards Baord (IASB) with a view to enhance...
EQUALIZATION LEVY The provisions of Equalization Levy are contained in Chapter VIII of Finance Act,2016 and this Chapter has come into force w.e.f. 1st June, 2016. Equalization Levy shall be charged at the rate of six percent of the amount of consideration for any specified service received...
RERA and how will it impact the real estate industry and home buyers The Government of India enacted the Real Estate (Regulation and Development) Act 2016 on 26th March 2016 and all its provisions came into effect, from May 1, 2017.Developers have been given until the...
THE INSOLVENCY AND BANKRUPTCY CODE, 2016 The Act notified by the Government to consolidate and amend the laws relating to reorganization and insolvency resolution of corporate persons, partnership firms and individuals in a time bound manner for maximization of value of assets of such persons, to...