• 08
  • May2017

Some Lesser Known Facts about ESI and PF Deduction for Statutory Compliance

Some Lesser Known Facts about ESI and PF Deduction for Statutory Compliance
Employees form the crux of any company. The operational framework that determines the legal conditions for employers to treat their employees is called statutory compliance. Under this framework, employers must satisfy two important requirements and they are: ESI Deduction and PF Deduction. Statutory Compliance Requirement for ESI Deduction The 6.5% ESI fund that is calculated on

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  • 06
  • May2017

The Saga behind MCA’s Proposal to Remove Company Names from the Register

The Saga behind MCA’s Proposal to Remove Company Names from the Register
Earlier this year, the MCA (Ministry of Corporate Affairs) issued a public notice for the removal of names from the Companies Register. The rules contained within the notice can be called “Companies Amendment Rules 2017”. Read on to find out the important provisions of the proposal. Companies that have been identified for the removal of names

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  • 04
  • May2017

Three Myths about GST that you must know!

Three Myths about GST that you must know!
GST also referred to as Goods and Services Tax is in existence in over 150 countries across the world and India is in fact late in joining the bandwagon. GST is believed to increase the country’s GDP by a maximum of 2% and is expected to ease the task of conducting business in India. Before the

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