Section 185 of Companies Act 2013- Loan to Directors

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By  Online Legal India

Published on  23 Mar 2026

Category  Company Registration

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Section 185 Of Companies Act 2013 covers the loan to directors or related entities. This restricts companies from giving loans, guarantees, or security to them. It allows loans to MDs or WTDs under specific schemes and to subsidiaries in India.

E Invoicing Applicability under GST in India

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By  Online Legal India

Published on  21 Mar 2026

Updated On  23 Mar 2026

Category  GST

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E invoicing applicability generally depends on the aggregate annual turnover of a business. It has an turnover of Rs. 5 crore in any financial year. If it has an more than Rs. 10 crore, they must report invoices within 30 days to the IRP. Read more.

Section 50 of CGST Act- Interest on delayed payment of tax

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By  Online Legal India

Published on  20 Mar 2026

Category  GST

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Section 50 of CGST Act outlines the interest on delayed GST payments. This is usually 18% per year on the tax paid in cash. The 24% per year is charged for wrongly claimed Input Tax Credit (ITC). Keep reading to stay informed.

Explore Section 73 of CGST Act under GST

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By  Online Legal India

Published on  19 Mar 2026

Category  GST

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Section 73 of CGST Act manages tax recovery in the purpose of non-fraudulent errors, short payment, or Wrong Input Tax Credit or refunds (Non-fraud cases). This allows paying tax and interest within 30 days to avoid penalties for business purposes.

Managerial Remuneration under Companies Act, 2013

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By  Online Legal India

Published on  18 Mar 2026

Category  Other

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Managerial remuneration refers to the total compensation paid to directors and key management. It can include salary, perks, and bonuses. It is generally capped at 11% of net profits for corporate fairness as per the Companies Act, 2013. Read more.