• GST Council working on simplifying the process of filing GST returns

    The Ministry of Finance, headed by Arun Jaitley, has decided to simplify the process of filing Goods and Services Tax (GST) returns and an announcement in this regard is likely to come soon. This will further ease the problems being faced by traders. “In the 25th GST Council meeting held in January this year, the…

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  • Difference between Authorised and Issued Shares

    Authorised Shares At the time of Incorporation, you will specify the number of authorized shares. This is the maximum number of shares that the company can issue to stockholders at a given time. However, the number of authorized shares can change at any time. You will need to submit a request for change with the registrar of…

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  • What is a Term Sheet?

    Term Sheet A term sheet is an important written document to complete a business deal. A well-drafted term sheet solves problem by having a proper framework for the final declaration. The term sheet, hence, reflects the broad consensus of the parties on the corporeal terms and conditions, so much as monetary value, quantity, valuation, due diligence and pre-emption. You need…

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