In the Editorial piece of the previous month, I had made some observations on the decision of the Reserve Bank of India to withdraw the Rs 2000 notes. This was focused more on the ethical standpoint of both the government and the currency in question. Now we have data to discuss the real impact of …
One of the hot issue which is faced by Industry across the country is GST impact on sale of leasehold land. New companies have their units set up on the leasehold land provided by the State Industrial Development Corporation (SIDC) for 99 years or above. In case, such companies do not want to continue their …
Article on ‘GST Impact on Sale of Leasehold Land’ by CA Abhishek Malpani (July 2023) Read More »
It was a historic landmark day 1st July 2017 when GST was introduced with much fanfare at midnight by Prime Minister Modi & then President Mr. Pranav Mukharjee meant to realize the “One Nation-One Market-One Tax, Simplifying Tax & Driving Growth” plan. GST has subsumed 17 Taxes and 13 cesses levied by the central and …
Mr. Venkatramanan Anantha Nageswaran is the Chief Economic Advisor (CEA) to the Government of India. Though his name is a mouthful, Nageswaran is generally known as a man of few words. However, he has the ears of all those who matter in the government, being an expert in the voodoo science in the country, if …
Importer has to pay IGST compensation cess
MSME Samadhan For MSME, Small Businesses, Startups
‘An Important Order Passed by High Court on ITC’
Focus to build Maharashtra as a “Magnetic Maharashtra” for IT and ITeS sectors… The State cabinet of Maharashtra has approved a new IT and ITeS Policy for a period of 5 years. The current policy issued in the year 2015 was lapsed in 2020. It took almost 3 years to formulate a new IT policy. …
The Indian currency notes are in the news once again. The government has decided to withdraw the circulation of the two-thousand-rupee notes from circulation. That is no news worth writing about. This step, having come about after the much-maligned demonetisation of high value notes of ₹1000 and ₹500, has the trappings of a political issue …
The “Economist” in its latest issue carried an interesting article chronicling the identity crisis of men and their manhood. That, in a way, is the immediate provocation for writing this article. Simply put, masculinity is in crisis. Worry no further. This phenomenon is happening in the Western world which is far removed from our shores. …
On 14th of April, just a few days back we celebrated the birthday of Babasaheb Ambedkar. That was an occasion for all of us Indians to look back on his life and times. Ramachandra Guha, the contemporary historian had revisited the book Annihilation of Caste written by Ambedkar. The primary source for doing this exercise …
“The first rumbling against the growing influence of AI could be heard from none other than the modern-day patron saint of technology Elon Musk.”. Yuval Noah Harari is famous as a historian and as a modern-day philosopher. That is only a small part of his bio data. For those who have had a chance …
Update on Foreign Trade Policy
GST Amnesty Scheme
Users of Plastic – Obtain Registration !!
Highlights of the Maharashtra State Budget 2023 Amnesty Scheme, 2023 for Goods and Services Tax Department announced This Amnesty Scheme will be called as ‘Maharashtra Settlement of Arrears of Tax, Interest, Penalty or Late Fee Act, 2023’. This Scheme is applicable on various taxes levied by GST Department before introduction of GST Act and duration …
Highlights of Maharashtra State Budget 2023 (April 2023) Read More »
Analysis of Foreign Trade Policy 2023 The new Foreign Trade Policy effective from 01st April 2023 is announced on 31st March 2023 with the focus of achieving the dream of meeting export target 2 trillion-dollar exports by 2030 out of which 1 trillion dollars through merchandise trade. Despite covid pandemic and volatile geopolitical situation in …
THE END GAME OF A MARQUEE BANK FOR STARTUPS THE COLLAPSE OF THE SILICONE VALLEY BANK – CAUSES & CONSEQUENCES In the startup ecosystem one of the most critical components is the support needed in the form of finance, however viable your projects and proposals appear to be on paper. This is a truism that …
Around the world, we find with alarming regularity, the rise of autocrats who have no concern for, nor do they feel the necessity of, following democracy. When countries are ruled by such despots it gives rise to a number of intractable problems. The primary one is how to brand one an autocrat without being subjective …
Happy New Financial Year 2023-24 !! Know the 8 things to do…
