(adsbygoogle = window.adsbygoogle || []).push({}); Section 161(3) of the Companies Act, 2013 deals with the Appointment of Nominee Director. As per the provisions of section 161 (3) states that “Subject to the articles of a company, the Board may appoint any person as a director nominated by any institution in pursuance of the provisions of … Read more
DRAFT Board Resolution for Availing of Corporate Internet Banking (adsbygoogle = window.adsbygoogle || []).push({}); The Central Board of Direct Taxes, vide notification S.O.No.493(E) dated 13.3.2008 have notified that all the companies are required to pay the taxes electronically. In the light of the above referred notification of CBDT, Board of Directors accorded their consent to … Read more
DRAFT BOARD RESOLUTION FOR OPENING CURRENT BANK ACCOUNT If a company wants to open or close a bank account, approval of the board is required for this purpose and a certified true copy of the board resolution for opening current bank account is to be provided to the concerning bank. So … Read more
Draft Agreement For The Appointment of Managing Director (adsbygoogle = window.adsbygoogle || []).push({}); This agreement is made on this …… day of ………… 20__, between ………………………., a company incorporated under the Companies Act, 2013 and having its Registered office at ………………………………, (Hereinafter called “the Company”) of the one part and Mr. …………… (DIN: ————) (Hereinafter … Read more
Income Tax Slab Rates for FY 2016-17 (Assessment Year 2017-18) (adsbygoogle = window.adsbygoogle || []).push({}); Comparison of Income Tax Rates for FY 2016-17 Vs. FY 2015-16 The income tax slabs for all category of tax payers remain unchanged for the F.Y 2016-17 (A.Y.2017-18) as compared to F.Y 2015 -16 (A.Y.2016-17). However following extra tax reliefs are given to middle … Read more