UDYAM (MSME) REGISTRATION PROCESS : Step-wise and Other important related information

UDYAM (MSME) REGISTRATION PROCESS: Step-wise and Other important related information CONTENT Introduction and Salient features of registration process New Registration Process: Point-wise information required Registration of existing registered enterprises Udyam Registration Certificate Updation of information Change in Classification Penalty for false information 1.  INTRODUCTION Section 8(1) of the Act cast responsibility on […]

Understanding Winding Up of Franklin’s 6 Debt Funds, its Impact and How to invest/ Redeem in Debt and Equity Mutual Fund

On April 23, late evening, Franklin India Mutual Fund shut down 6 debt mutual fund schemes. No financial transaction – Purchase, SIP, STP, SWP, or Redemption would be allowed after April 23, 2020 1:00 pm cut off time. These schemes are: Franklin India Ultra Short Bond Fund, Franklin India Short Term […]

Understanding Winding Up of Franklin's 6 Debt Funds, its Impact and How to invest/ Redeem in Debt and Equity Mutual Fund

On April 23, late evening, Franklin India Mutual Fund shut down 6 debt mutual fund schemes. No financial transaction – Purchase, SIP, STP, SWP, or Redemption would be allowed after April 23, 2020 1:00 pm cut off time. These schemes are: Franklin India Ultra Short Bond Fund, Franklin India Short Term […]

Making sense of RBI Measures, analyze their effect and how to Plan Investments

On March 27, 2020, RBI introduced very important measures to combat adverse effect of covid-19 on the Indian economy. These measures are summarized, explained in simple terms and analyzed for its effect below. Overall effect of these measures on various asset classes and how to invest in current turbulent is also […]

Quick Summary of Compliance Relaxation Measures announced by Finance Minister

Quick Summary of Compliance Relaxation Measures announced by Finance Minister Union Finance Minister Nirmala Sitharaman today announced various statutory and regulatory compliance relief measures amid a complete shutdown almost all over the country to control the spread of the coronavirus. FM has extended compliance deadlines and provided various relief measures in Income […]

Covid 19: Work from Home

COVID-19 : How can ‘Work from Home’ be implemented? SAFETY FIRST : Measures should be taken to prevent spreading COVID-19 : Work from Home policy should be adopted as Safety of Staff, Articles and family members is our Prime Responsibility. Few things that can be done: Communication to Clients: Make clear […]

Leveraged FD MAY be coming for NRIs – RBI Announces USD/INR Swaps

Extreme Risk Aversion due to Corona virus (COVID-19) has impacted all financial assets drastically with global market indices losing 30%+ in less than a month, gold touching Rs. 45,000 and emerging market currencies experiencing extreme pressure. Also in India, FIIs are selling big time and taking money (USD) out of India […]

Sale Old Real Estate or Immovable Property before March 31, 2020 and Save Capital Gains Tax

If you are planning to sell an immovable property originally acquired before April 1, 2001, you may be better off if you sell the property on or before March 31, 2020. Budget 2020 introduced a new provision restricting fair market value as on 1/4/2001 to the stamp duty value for calculating […]