Year: 2025

Composition Scheme in GST: Is It Still Relevant in 2025 The Goods and Services Tax (GST) Composition Scheme, introduced under Section 10 of the CGST Act, 2017, was designed to simplify tax compliance for small businesses by allowing them to pay GST at a fixed rate based on their turnover. As of 2025, the scheme […]

Top 10 GST Mistakes SMEs Must Avoid in 2025 Navigating the Goods and Services Tax (GST) regime can be challenging for small and medium-sized enterprises (SMEs) in India. While GST aims to simplify indirect taxation, its compliance requirements can be intricate. Avoiding common pitfalls is crucial to ensure smooth operations and prevent penalties. Here are […]

GST Registration in India: Who Needs It and Why It’s Mandatory The Goods and Services Tax (GST) regime, rolled out in India on July 1, 2017, unified indirect taxes across the country into a single framework. One of the most critical aspects of compliance under GST is registration—which is mandatory for several categories of individuals […]

In today’s global business environment, maintaining quality, consistency, and credibility is crucial. One of the most recognized ways to demonstrate these qualities is through ISO Certification. But what exactly does it mean, and why is it important for businesses? Let’s explore. 1. Understanding ISO and ISO Certification ISO stands for the International Organization for Standardization. […]

Section 82 – Company to report satisfaction of charge 1. Duty to report satisfaction of charge: A company is required to inform the Registrar that the debt or obligation for which a charge was created has been fully satisfied or otherwise fulfilled. 2. Time limit: This intimation must be given within 30 days from the […]

1. Mandatory Registration: Every company creating a charge (secured loan) on its assets or property (tangible or intangible, movable or immovable) or any of its undertakings, whether within or outside India, must register the charge with the Registrar within 30 days of its creation. 2. Registrar’s Role: The charge must be registered along with the […]

1. Authority to Call EGM: The Board of Directors may call an EGM whenever it deems fit. 2. Members’ Right to Requisition an EGM: In the case of a company having a share capital, members holding at least one-tenth of the paid-up share capital carrying voting rights can request an EGM. For a company without […]

In today’s fast-paced financial landscape, cheques are still widely used for transactions despite the rise of digital payments. However, when a cheque is dishonoured—commonly referred to as a cheque bounce—it can lead to legal consequences for the issuer and serious inconveniences for the receiver. In India, cheque bounce cases are governed by Section 138 of […]

The Bharatiya Nagarik Suraksha Sanhita (BNSS), 2023, marks a new chapter in India’s criminal justice system by replacing the colonial-era Code of Criminal Procedure (CrPC). Despite several reforms, the foundational principles of bail remain largely preserved, with some procedural refinements. Understanding the various types of bail under this new legislation is crucial for both legal […]

India has emerged as one of the fastest-growing startup ecosystems in the world, and much of this momentum can be credited to the Government of India’s flagship initiative — Startup India. Launched in January 2016, this program was designed to foster innovation, support new ventures, and ease the path for entrepreneurs building the future. Here […]