Taxation  Newsletter – The Covid For Covid Series

Issue 1 of 10 |

Change in Contracts and Treatment of Advance

In a major relief to India Inc., MCA has now allowed holding of annual general meeting (AGMs) by way of video conferencing (VC)/ other audio-visual means (OVAM) means ...

Issue 2 of 10 |

Operational Challenges

The business has experienced real time challenges towards ensuring uninterrupted and smooth operations & supply chain. Aim is to deliver optimal output. It isn’t an easy task. With each passing day, and, as business ...

Issue 3 of 10 |

Viability Concerns- Compliance & Obligations

On 24th March, the Hon’ble Prime Minister, announced the lockdown. Albeit necessary, it was sudden, with virtually no time to anyone including business for...

Issue 4 of 10 |

Import - Export Conundrum

International trade is the worst victim of COVID-19. The ensuing lockdown has led to the collapse of exports andimports. The import dependent entities are grappling with continuous supplies along with spike in the procurement ...

Issue 5 of 10 |

Disputes and Damages

The COVID-19 pandemic & ensuing lockdown bought all economic activities to a halt. This disrupted the business operations resulting in defaults of business commitments. The damages arise on various counts of alleged default, but the common theme has been ...

Issue 6 of 10 |

Cash Preservation

The unending lockdown, with no respite, has had a devastating impact on the global economy. Business are amidst the existential crisis of survival. The disrupted supply chain leading to market collapse & monies stuck ...

Issue 7 of 10 |

Optimization of Cost

The disruption caused by the COVID-19 pandemic & continued lockdown has had an adverse impact on the bottom line of the business across segments. Business are forced to rationalize costs to stay afloat. The devil, as...

Issue 8 of 10 |

Vendor & Customer Focus

The ‘new normal’ of business will also resonate into transactions with vendors & customers. As crucial partners to any business, they require urgent focus. These relationships are now going through a massive...

Issue 9 of 10 |

Implementing New Normal

The Covid-19 pandemic which remains untreatable today, has,forced a global lockdown. It has disrupted the customary norms & methods of business completely. It is a dawn of a New Normal which business needs to adopt for....

Issue 10 of 10 |

Donation & Humanity

Covid-19 has left nothing untouched, whether people or business. The Government is taking various steps to fight the pandemic. Industry has whole heartedly joined the fight against Covid-19, by monetary as well as...