Charity-run tree plantation and maintenance for environmental preservation qualifies as "charitable activity", making supplies GST-exempt under Notifi...
Drawings/designs supply and erection supervision fees from German contractor: designs non-taxable; supervision taxed as FTS/PE depending on six-month ...
Notification issued by the Ministry of Corporate Affairs amends the Companies (Specification of definition details) Rules, 2014, with effect from the date of its publication in the Official Gazette. The amendment substitutes clause (t) in rule 2(1) to revise the financial thresholds for a "small company" under section 2(85) of the Companies Act, 2013. Henceforth, for the relevant sub-clauses, a small company's paid-up capital shall not exceed INR 10 crores and its turnover shall not exceed INR 100 crores. The notification is signed by a Joint Secretary.
Notification issued by the Ministry of Corporate Affairs amends the Companies (Specification of definition details) Rules, 2014, with effect from the date of its publication in the Official Gazette. The amendment substitutes clause (t) in rule 2(1) to revise the financial thresholds for a "small company" under section 2(85) of the Companies Act, 2013. Henceforth, for the relevant sub-clauses, a small company's paid-up capital shall not exceed INR 10 crores and its turnover shall not exceed INR 100 crores. The notification is signed by a Joint Secretary.
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