The State of Andhra Pradesh is pioneer in offering the best incentives and facilitations for the growth of the ICT sector, with business friendly policies and proactive approach of the Government. The Government has announced first Information Technology (IT) Policy for promoting the IT Industry and IT Enabled Services in the State on 25-05-1999. The …
Information and Communication Technology Policy 2010-2015 Read More »
With the robust growth of the Economy and the Industry in the State and the attendant strengths of a dynamic industrial economy, Andhra Pradesh is the attractive destination for investments and offers a right choice for any business endeavor. Its strength lies in its fully diversified industrial base. The Andhra Pradesh “Industries Investment Promotion …
Industries Investment Promotion Policy (IIPP) 2010-2015 Read More »
The Registration Act, 1908 provides for the law regulating the registration of documents. The Act makes registration of documents required in immovable property mandatory in order to impart authenticity and to confer legal title to these documents. It enlists the documents that are required to be registered and also specifies the process involved during registration. …
Registration Act, 1908 (As applicable in Andhra Pradesh) Read More »
The purpose of enacting such an Act is to raise revenue for the local governments. Additionally, payment of stamp duty imparts legality to the document and this can be submitted as an authentic document in courts. Rates of Stamp Duty payable for different types of documents are as per Schedule IA for Andhra Pradesh. >>Go …
Every person, who is engaged in any profession, trade, calling or employment and falling under any one or more of the entries enumerated in the Schedule appended to the below mentioned Act, is liable to pay Profession Tax. Such Tax on professions, trades, callings and employments is levied and collected as per Andhra Pradesh …
In India non profit / public charitable organisations can be registered as trusts, societies, or a private limited non profit company, under section-25 of Companies Act, 1956. Non-profit organisations (a) exist independently of the state; (b) are self-governed by a board of trustees or ‘managing committee’/ governing council, comprising individuals who generally serve in …
In India, the Industrial Disputes Act, 1947 is the main legislation for investigation and settlement of all industrial disputes. The Act enumerates the contingencies when a strike or lock-out can be lawfully resorted to, when they can be declared illegal or unlawful, conditions for laying off, retrenching, discharging or dismissing a workman, circumstances under which …
[vc_row][vc_column][vc_column_text] INTRODUCTION Regulation on payment of directors’ remuneration becomes necessary for several reasons, prominent among them being, prevention of diversion of corporate funds for personal use and unduly high executive rewards. For Public Limited Companies the provisions under Companies Act, 1956 and the Corporate Governance requirements as per the Listing Agreement, would regulate the remuneration …
Remuneration of Directors in a Private Limited Company Read More »
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