GST Composition Scheme and Concession Tax Scheme

GST Composition scheme and Concessional Tax Scheme

Composition Scheme is a simple and easy scheme under GST for taxpayers. In which small taxpayer pay tax a concessional rate instead on normal tax rate and they are also not eligible to take input tax credit. Who is eligible to opt GST composition Scheme Following Person is eligible for composition Scheme and Concession Tax Scheme Basis Composition SchemeU/s 10(1) & 10(2) Concessional Levy SchemeU/s 10(2A) 1 Optional Scheme   It is an Optional Scheme It is an Optional Scheme 2. Eligible Person   >Manufactures [Other than notified Goods]-Ice cream,…

Read More

HDFC Manufacturing Fund

HDFC Manufacturing Fund

In the world of investments, mutual funds have emerged as a popular choice for both seasoned investors and newcomers alike. Among the myriad options available, HDFC Manufacturing Fund stands out as a beacon for those looking to capitalize on the burgeoning industrial sector. In this blog post, we delve into the intricacies of HDFC Manufacturing Fund, exploring its features, benefits, and potential for investors seeking exposure to the manufacturing landscape. Understanding HDFC Manufacturing Fund HDFC Manufacturing Fund is an open-ended equity scheme primarily investing in stocks of companies engaged in…

Read More

JNK India Limited IPO

JNK India Limited IPO

JNK India Limited was incorporated in 2010 and is engaged in the design, manufacture, supply, installation, and commissioning of process-fired heaters, reformers and cracking furnaces. The company has completed projects in Andhra Pradesh, Assam, Bihar, Karnataka, Kerala, Maharashtra, Tamil Nadu and West Bengal and has implemented projects globally, including in Nigeria and Mexico. As of March 31, 2023, the company has served over 17 clients in India and seven clients overseas. The domestic clients include Indian Oil Corporation Limited, Tata Projects Limited, Rashtriya Chemicals & Fertilizers Limited and Numaligarh Refinery…

Read More

Vodafone Idea Limited FPO

Vodafone Idea Limited FPO

Vodafone Idea Limited was formed in August 2018 as a result of the merger between Vodafone India and Idea Cellular. It is one of the leading telecommunications companies in India, offering a wide range of services including mobile telephony, wireless broadband, and digital services. Here are some key points about Vodafone Idea: Merger: The merger of Vodafone India and Idea Cellular was aimed at creating a stronger entity to compete more effectively in the highly competitive Indian telecom market, which was undergoing significant disruption due to the entry of Reliance…

Read More

AMC list for Kfintech & Cams

CAMS KFINTECH

RTA expands to Registrar and Transfer agents. RTAs help mutual fund companies with record maintenance. RTAs give investors a single-window reference for all their mutual fund investment-related information. They are private firms and are registered with the Securities and Exchange Board of India (SEBI) Registrar and Transfer Agents (RTAs) play a crucial role in the functioning of mutual funds. They are intermediaries responsible for maintaining investor records, processing transactions, and providing various support services to mutual fund investors. Here are two major well-known RTAs in India: CAMS (Computer Age Management…

Read More

Bharti Hexacom Limited IPO

Bharti Hexacom Limited IPO

Bharti Hexacom Limited is a subsidiary of Bharti Airtel Limited, one of India’s largest and leading telecommunications companies. Bharti Hexacom primarily operates in the northeastern states of India, including Assam, Meghalaya, Mizoram, Tripura, Nagaland, Manipur, Arunachal Pradesh, and parts of Rajasthan. The company was established to cater to the telecom needs of these regions. Here are some key points about Bharti Hexacom Limited: Foundation: Bharti Hexacom was established in 1995 as a joint venture between Bharti Airtel Limited and the Rajasthan government. It was created to provide telecom services in…

Read More