MINISTRY OF CORPORATE AFFAIRS ORDER

<![CDATA[New Delhi, the 25th February, 2020 S.O……………(E).—In exercise of the powers conferred by sub-section (11) of section 143 of the Companies Act, 2013 (18 of 2013 ) and in supersession of the Companies (Auditor’s Report) Order, 2016, published in the...

MINISTRY OF CORPORATE AFFAIRS ORDER

New Delhi, the 25th February, 2020 S.O……………(E).—In exercise of the powers conferred by sub-section (11) of section 143 of the Companies Act, 2013 (18 of 2013 ) and in supersession of the Companies (Auditor’s Report) Order, 2016, published in the Gazette of...

Blackstone have acquired Trident Hotel for Rs.585Cr

The National Company Law Tribunal Hyderabad bench approved the revised resolution plan of Blackstone Group Submitted through its entity BREP Asia-II Indian Holdings Co II(NQ)Pte Ltd.Tribunal on Wednesday  dismissed the petition of promoters Core Hotels. Golden Jubilee...

Major Tax proposals in “PART B” of Budget 2020

Corporate tax rate @ 15% for new companies in the manufacturing sector. Also, tax rate for existing companies is brought down to 22%. Income tax slab as per new regime: > upto 2.5L – NIL > 2.5L to 5L – 5% > 5L to 7.5L – 10% > 7.5L to 10L- 15% >...