Apply for Refund Under GST by an Unregistered Person

Decisions taken by the Council was for the government to lay down the rules for unregistered persons to file a refund application under GST. This decision was taken due to some transaction where an unregistered buyer had entered into a construction agreement or contract with a builder, but the said contract had been subsequently cancelled. Another situation could arise where long-term insurance policies are cancelled where the entire premium had been paid upfront. Who is take refund as an unregistered person -Unregistered person of construction services In this case, unregistered persons…

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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,…

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AMC list for Kfintech & Cams


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…

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Update Nomination in Mutual Fund Folios…

Update Nomination in Mutual Fund Folios

Further, to our earlier communication, request you to kindly guide your individual investors to update their nomination details in their respective folios for successful processing of their transactions and avoid any rejections at the RTA. The link shared by the RTAs wherein the investors can update the same directly are attached for your reference. Link for CAMS RTA to update the nomination in existing folios: Link for Kfintech RTA to update the nomination in existing folios:

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Most Important… Mail & Mobile Verification for your KYC…

KYC Verification

Dear Investor, With reference to the SEBI Circular “SEBI/HO/MIRSD/DoP/P/CIR/2022/46” dated April 06, 2022, where SEBI has granted an additional 15 days of timeline to the KRAs, from the original date of implementation [May 01, 2023] new guidelines are to be followed by KRAs (KYC Registration Agency) to validate the records of clients (existing as well as new) whose KYC has been completed using Aadhaar as an OVD (Officially valid document). As a part of the validation process, mobile number/email id available or registered in the KRA records for the investor(s) PAN must be validated…

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How to Invest in Equity/Stock Market

How Invest in Equity

Investing in the stock market can be a smart way to grow your wealth over time, but it’s important to approach it with careful planning and knowledge. Here are the basic steps to get started with stock market investing: Educate Yourself: Start by learning the fundamentals of stock market investing. There are many books, online courses, and resources available to help you understand how the stock market works. Set Clear Goals: Determine your financial goals and risk tolerance. Are you investing for retirement, a major purchase, or something else? Your…

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Be cautious…Your Pan Card will be invalid from 1 July 2023… LINK YOU AADHAR


The linking of PAN (Permanent Account Number) with Aadhaar (Unique Identification Number) is mandatory for individuals in India. This requirement was introduced by the Indian government to curb tax evasion and ensure transparency in financial transactions. The government introduced this requirement to ensure transparency and prevent tax evasion. Currently 30 Jun 2023 is the last day to link your PAN & AADHAR. Here are we help to check the PAN & AADHAR link status and, if the not linked, then the process to link them. STEP 1 – To Link…

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SUZLON Right Issue

Suzlon Right Issue

Suzlon Energy Limited, one of India’s top manufacturers in the wind component manufacturing segment as per capacity and are one of the top renewable O & M service providers in India, as per capacity serviced (Source: CRISIL Report), announces the opening of its Rs.1,200 crore Rights Issue, on October 11, 2022. The Company will issue up to 2,400,000,000 partly paid-up Equity Shares for cash, at a price of Rs.5 per Rights Equity Share (including a premium of Rs.3 per Rights Equity Share) aggregating up to Rs.1,200 crore* on a rights…

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Muthoottu Mini Financiers Ltd NCD

Incorporate in 1998, Muthoottu Mini is an NBFC company (non-deposit) involved in the gold loan business lending money against thepledge of household gold jewelry. The company’s Gold Loan portfolio as on March 31, 2020, comprises 4.37 lakhs loans aggregating to Rs 1645 Cr. which is 97.26% of its total loans. The company has introduced an online gold loan product wherein the customer has to come to the branch only for the initial appraisal and subsequent disbursement is done online based on the customer’s request during the maximum period of one…

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Be A Perfect Trader With Perfect Trading Tips

Do paper trading and if you get success then go for actual trading. If you don’t get success in  paper trading then do not do day trading, you will lose all your money. Initially don’t use margin amount for day trading. Once you get lots of experience then you can use margin amount. Trade only with the money available with you so that if the trade goes wrong you can take delivery of those stocks and sell later instead of bearing loss. This is only possible if you have bought…

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