Budget 2021: Updates as on 1st February 2021
Goods and Services Tax (GST) is an indirect tax used on the supply of goods and services. GST is a value-added tax levied on goods and services sold for domestic consumption. It has subsumed several taxes including central excise duty, services tax, additional customs duty, surcharges and state-level value added tax.
Loan To Directors Under Section 185
All the Companies (Except Private Companies which fulfill the criteria of exemption notification dated 5th June, 2015) are prohibited to give loans, guarantees and securities