by FinGurus | Apr 29, 2021 | Update
Post-independence, when the working class sector formed the primary basis of India’s hope to grow and thrive industries, the Employees’ State Insurance Act, 1948 was notified by the Parliament. This Act was introduced to protect the laborers and the workers in terms... 
by FinGurus | Apr 23, 2021 | Update
Let’s begin with an example. In April 2019, Tata Sponge Iron Ltd., a subsidiary of the giant, Tata Steel, acquired Usha Martin’s Steel Business. The UML group made this sale because they wanted to ensure substantial debt reduction. Tata Steel, later, announced that... 
by FinGurus | Apr 8, 2021 | Update
In a release on the 1st of April, the Finance Ministry put forth that the Central Board of Direct Taxation (CBDT) has informed about the new Income Tax Return (ITR) Forms, ITR-1 to ITR-7, for the financial year 2021-22. Given the present Covid scenario in the country... 
by FinGurus | Apr 1, 2021 | Update
The Ministry of Corporate Affairs (MCA) has modified certain rules of the Schedule III of the Companies Act, 2013 with regard to aspects such as accounts, audits and auditors. The newly introduced amendments make way to increased disclosure requirements and intend to... 
by FinGurus | Mar 24, 2021 | Update
While presenting the Union Budget 2021, Finance Minister Nirmala Sitharaman has incorporated some changes in the Income Tax rules, slated to be effective from the 1st of April, 2021. Some of the new changes included in the I.T. regime ensure relief to the salaried...