Pearl Business ServicesJun 30, 20212 min readAdvantages of One Person Company (OPC) under Companies Act, 2013:Apart from advantages available to Private Limited Company, additional privileges of forming a One-person Company (OPC) are listed below:...
Pearl Business ServicesJun 30, 20211 min readNBFCs Exempted from Registration with RBITo obviate dual registration, certain category of NBFCs which are regulated by other regulators are exempted from the requirement for...
Pearl Business ServicesJun 28, 20214 min readDynamic QR Code under Goods and Service Tax ActAbout QR Code The QR code is part of signed JSON, returned by the IRP. It is a string (not image), which the ERP/accounting/billing...
Pearl Business ServicesJun 28, 20213 min readTypes of NBFCNBFC are broadly categorised: a. In terms of the type of liabilities into Deposit and Non-Deposit accepting NBFCs, b. Non-Deposit taking...
Pearl Business ServicesJun 22, 20212 min readINELIGIBLE FOR ITC – BLOCKED CREDIT UNDER CGSTInput credit on receipt of certain goods and services are specifically made ineligible vide section 17(5) of CGST Act which is termed as...
Pearl Business ServicesJun 19, 20214 min readRESTRICTIONS ON CASH TRANSACTIONS1.1 Restrictions on Cash Payment for any Business Expenditure: Payment or aggregate of payments to any person on a single day in respect...
Pearl Business ServicesJun 17, 20211 min readHow to avoid Long Term Capital Gain - Investing in Specified BondsLong Term Capital Gain: If an asset was held for more than one year, then sold for a gain, is a Long Term Capital Gain(LTCG) includes...