Means: The Legal Entity Identifier (“LEI”) code has been conceived as a key measure to improve the quality and accuracy of financial data systems for better risk management post the Global Financial Crisis. The LEI code is a 20-character unique identity code assigned to entities who are parties to financial transactions. In respect of the applicability of LEI, the Reserve Bank of Indi......

In December 2019, a novel coronavirus called SARS- CoV-2 has resulted in the outbreak of a respiratory illness known as COVID-19. COVID-19 is a highly contagious infectious disease that the newly identified virus SARS-CoV-2 causes. SARS-CoV-2 belongs to the family of viruses known as coronaviruses. Origin with History As a specific family of viruses, coronavirus or COVID-19, which i......

Entrepreneurship is the process of designing, launching and running a new business, which is often initially a small business. The people who create these businesses are called entrepreneurs. The activity of setting up a business or businesses, taking on financial risks in the hope of profit. The best example of entrepreneurship is the starting of a new business venture. The entrepreneurs are of......

Digital Signature Certificates (DSC) are the digital equivalent (that is electronic format) of physical or paper certificates. A digital certificate can be presented electronically to prove one’s identity, to access information or services on the Internet or to sign certain documents digitally. In India, DSC are issues by authorized Certifying Authorities.The GST Portal accepts only PAN base......

In our earlier Articles all you have gone through Input Tax Credit in GST, How to adjust Credit, Rates of GST with Compliances:, hope you will be come across to know the how to get Input Tax Credit.Now further we are compiled our efforts to put all material facts about GST Comparison chart, Practitioner Forms and Opportunity for GST Practitioner, Returns and their Due Dates in next Article Given b......

In our earlier Article, we had discussed over GST and its History in India. If you have missed reading it, kindly click here.In this Article, we have compiled the GST Benefits and its important components i.e; CGST/SGST/IGSTGST Benefits for Individuals: Elimination of Multiple Taxes The biggest benefit of GST is an elimination of multiple indirect taxes. All taxes that currently exist will not b......

What is GST?The GST is a Value added Tax (VAT) proposed to be a comprehensive indirect tax levy on manufacture, sale and consumption of goods as well as services at the national level. It will replace all indirect taxes levied on goods and services by the Indian Central and state governments. Goods and services tax (GST) will subsume various indirect taxes including central excise ......

HISTORY & DEFINITION: A limited liability partnership (LLP) is a partnership in which some or all partners (depending on the jurisdiction) have limited liabilities. It therefore exhibits elements of partnerships and corporations. In an LLP, one partner is not responsible or liable for another partner's misconduct or negligence. This is an important difference from the......

Hello Friends, in this Article we are discussing the below bullet points about Company Secretary: Background of Company Secretary course How to join a Company Secretary course Work of Company Secretary Responsibilities of Company Secretary Scope of Company Secretary MOU with other organization of ICSI Being a member or a student of ICSI (company secretary course it a......