Investment Law and News
Foreign direct funding (FDI) is when an organization takes controlling possession in a commercial enterprise entity in every other country. With FDI, overseas organizations are immediately worried about daily operations in different countries. This skill they aren’t simply bringing cash with them, however additionally knowledge, competencies and technology. Generally, FDI takes region when an investor […]
On July 7, 2021, the Central Bureau of Direct Taxes (CBDT) notified new rule 8AC for computation of non-permanent capital positive aspects (STCG) and written-down fee (WDV) below Section 50 of the Income Tax Act, 1961. The new rule lays out the computation techniques of STCG and WDV relevant for these organizations which have received […]
It is necessary for a country’s financial system that its securities market have sturdy health. The extra nicely developed a country’s securities market, the higher are the possibilities of monetary increase and development. Beginning of Securities market The earliest inventory change used to be set up in Amsterdam in 1602 and it was once concerned […]
In India, any income or achievement springing up from the sale of a capital asset is deemed as capital positive factors and is charged to tax beneath the Income-tax Act, 1961. According to the Act, a capital asset is any variety of property held via an individual, such as buildings, lands, bonds, equities, debentures, and […]
The authorities have requested public zone banks to take a look at all felony components and lift out ideal due diligence earlier than shifting ahead with stake sales in their non-core assets. This comes after the Punjab National Housing Finance-Carlyle deal controversy the vicinity the PNB board had to search for crook opinion after the […]
ASK Property Investment Advisors, the actual property non-public fairness arm of the ASK Group is searching to elevate Rs 1,000 crore via its new actual estate-focused fund ASK Real Estate Special Opportunities Fund-IV. The fund additionally has an extra inexperienced shoe choice of Rs 1,500 crore and ASK PIA is searching to elevate the fund […]
In some top information for small investors, the Maharashtra Airport Development Corporation (MADC) would quickly be imparting small plots to them in Mihan. Plot development and allotment will help small buyers and investors. Various firms representing the industries from Vidarbha had raised this demand with the authorities for imparting plots in the vary of one […]
Taking a home loan to buy your dream house in West Bengal? There isgood news for all new home buyers. On 1stFebruary 2021, in Union budget 2021the Finance Minister Nirmala Sitharamanhas extendedthe deadline till 31st March 2022 for availing Income Tax deductions on payment of interest on home loans. In the previous budget, the government […]
As a property owner a person can get an array of benefits. Since the land involved with the property is a Capital Asset and the value of the land keeps increasing everyday, the land works as a mean of safety, security and as an investment avenue. A property owner can earn hugely on the sale […]
Introduction: Meaning: Chit Fund is an important topic to be discussed here. A chit fund is a type of system which is practised around the country in India. These schemes are organised by companies or financial institutions or among relatives or friends or neighbours. Chit Funds Act, 1982 defines the Following Provisions: Section 2 of […]
Introduction: Charitable Trust is a trust which if formed for the benefit of the public, as for education, foods, shelter, medical and other charitable purposes. Charitable Trust is a trust which has the aim of charitable purpose. There are different types of organizations which may be established for a charitable purpose or they may acquire […]
India is one of the fastest growing economies in the world and by 2016-17 it will be the biggest economy in the world. India’s growth rate is destined to touch 8% by 2016-17. Further, by 2050, it is believed India will overtake all countries in its Purchasing Power Parity (PPP). However, doing business in India […]
Si-Al Bioenergie vs Sbec Systems Citation: AIR 2005 Delhi 95 Facts of the Case The facts of the case were that the decree holder (Si-Al Bioenergie) sought to enforce an arbitral award under Sections 48 and 34 of the Arbitration & Conciliation Act, 1996. However, the judgment debtor (Sbec Systems) applied to set aside and […]
To understand Capital Gains from selling Co-operative Housing Society flat/plot in West Bengal it is important to understand the specific provisions of the Income Tax Act as provided under: a) Section 54: In case the asset transferred is a long term capital asset being a residential house, and if out of the capital gains, a […]
The complexities surrounding arbitration in India and the clouded arbitration legislation as an oft-judicially-interpreted Act in India is nothing new. To the ones initiated, the Arbitration and Conciliation Act (the Act) in India has undergone modifications since pre-Independence days. However, till date, the prevalent Act can still be regarded as one of the most highly […]
Abstract The rapid expansion of commercial transactions and globalization has given rise to spiraling growth in arbitration at the national as well as international stages. Arbitration is one of the modern techniques of alternative dispute resolution (ADR) that has gained a lot of prominence due to the freedom it offers to the disputants. Online Arbitration […]
Tax Clarifications For Your Multiple House Property Investments
Coal Controller’s Organisation is a subordinate office under the administrative control of Department of Coal, Ministry of Coal, having its headquarters at Kolkata and five field offices located at Dhanbad, Ranchi, Bilaspur, Nagpur and Kothagudem with their jurisdiction as follows: Field Offices Jurisdiction Dhanbad Collieries under BCCL, TISCO (Jharia), IISCO, BECML, ICML, CML & PSEB […]