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Topic of the week :  Essentials for Corporate law     Go to Topic
Discuss on the areas which focuses on the entities involved in corporate...
The government has introduced a new central civil services cadre called the Indian Corporate Law Services (ICLS) to create an army of experts who would be involved in corporate law making and its enforcement in the country. This gives a new service option to those who qualify the toughest entrance test to get into government service. The government would train the officers at the newly-set up Indian Institute of Corporate Affairs (IICA), a policy think tank, before placing them in various offic
Ques 1) What is the rate of corporate taxation? Are there any other taxes on profits? For the current year (Fiscal Year 2006-07), rate of corporate tax is 30 percent for domestic companies plus a surcharge of 10 per cent. Foreign companies are chargeable to tax at 40 percent plus a surcharge of 2.5 percent. In addition, Education Cess of 2 per cent over and above tax so arrived would also be levied. India has entered into *Double Tax Avoidance Agreements with various countries, which provide fa
Debates in "Total Law"
Argument added by Anagha Thakur, Corporate Lawyer  | 2 years ago
You are right Abhishekh. We should make laws to stop corruption..........
Referred by Aarti Gupta, Legal Consultant  | 2 years ago
The legal fraternity is often looked down upon, due to their procrastination (delay). Some clients think they do it on purpose to earn more. Other clients think it is due to their incapability to win the case. But there are instances where lawyers use...
Idea Contests in "Total Law"
Argument added by Aarti Gupta, Legal Consultant  | 2 years ago
What I think is, as Aanga has suggested, many of the cases is pending from many years. Indian judicial laws should concentrate on them first. Though "Gramin nyayalaya" has been introduced, to reduce the burden which is true upto a certain extent, it...
Referred by Anagha Thakur, Corporate Lawyer  | 2 years ago
As for now individual lawyers have been kept out of the purview of service tax, But legal firms will have to shell out service tax.The lawyers in the Capital have already been bearing the brunt of the reduction in their clientèle due to opening of the...
Q & A in "Total Law"
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Answered by Aarti Gupta, Legal Consultant  | Topic:  Essentials for Corporate law  | 2 years ago
  Section 12 - MODE OF FORMING INCORPORATED COMPANY. Memorandum of association (1) Any seven or more persons, or where the company to be formed will be a private company, any two or more persons, associated for any lawful purpose may, by subscribing...
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