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Gujaratis are known to be entrepreneurs who can think out of the box, but many often land up in a situation where a good idea dies prematurely for want of an effective revenue model. This explains why scores of businesses shut shop within a short span of launching. Now Registrar of Companies, Gujarat, has received applications from as […]
Jainping Li, a Chinese woman married to a Gujarati, no longer wants to launch a company in Gujarat again. In fact, she wants to shut down the organisation she is running now. Li, who set up a not-for-profit Gujarat Chinese Enterprises Association in 2019, complains that the Registrar of Companies (RoC), Ahmedabad, is harassing her […]
The Ministry of Corporate Affairs is dealing with an Ahmedabad-based firm with Chinese funding that has allegedly violated several company laws. The Ministry of Corporate Affairs penalised HCBB Industry Pvt Ltd for violating company laws. Ahmedabad-based founder Nilesh Tarunbhai Parmar and Chinese co-founder Zhang Ling have failed to file annual returns for the financial years 2019 and 2020 of the company. […]
Even as an atmosphere of celebration pervades all over the Central University of Gujarat in Gandhinagar given that Prime Minister Narendra Modi is set to pave the way for their much-awaited permanent campus in Vadodara district on Saturday, there is a dark side that haunts the university — a serious charge of plagiarism. “Transcending dark […]
The real whistle-blowers and anonymous heroes of the Income Tax Department are its informants. It is often that the investigation officers receive veritable scoops from them. Once the tip-off is verified by the department, the I-T Department conducts raids on tax evaders. The informers, who run a personal risk while passing on tips, are given […]
The lure of the lucre of many a Gujarati entrepreneur often cares less to look at the long arm of the law. Dhandho is the bottom line here, not the mandatory legal paperwork. This explains why the Ministry of Corporate Affairs has issued a warning to as many as 1,552 companies in Gujarat for not […]
The Gujarat polls are nearly five months away, but the Election Commission has as usual roped in as many as 150 Indian Revenue Service (IRS) officers of the Income Tax Department to monitor spending by contesting candidates and political parties, other financial matters and accounting. The list will be declared soon by the Income Tax Department, Gujarat. While […]
Gujarat is a land of entrepreneurship and real estate developers. And when there is a bullish run, there’s bound to be some trampling on the way. In this instance, laws related to benami property have been conveniently trampled. According to highly placed sources in the Income Tax Department, benami property has emerged as a major tool of laundering black money in […]
It’s all in the numbers. Gujarat-based multiplexes and movie distributors are overjoyed with the kind of moolah that films from the South bring to Gujarat. And yes, Bollywood potboilers are enjoyed only for the duration of interest. That’s it. When it comes to business, films from the South win hands down. In an exclusive chat with Vibes […]
Heard of a key Central Government department that does not fill up a top post simply because there is no place for him to sit, and that too in a State Capital? Welcome to the Income Tax Department in Gujarat’s capital Gandhinagar. Not only the post of the I-T Commissioners but there are at least […]
Next time you take your food and drinks to multiplexes, think again. The Gujarat Multiplex Association has knocked on the doors of Chief Minister Bhupendra Patel to register their protest against moviegoers to stop this practice. The office-bearers of the Association on Wednesday called on the Chief Minister to represent this issue. In 2019, the Multiplex Association of India (MAI) had clarified that […]
After his party’s Punjab triumph and a glimmer of hope in the upcoming Gujarat Assembly elections, Aam Aadmi Party (AAP) supremo and Delhi Chief Minister Arvind Kejriwal has already initiated a countrywide public poll about his party vis-a-vis the ruling BJP. But party sources said his hopes could be dashed in Prime Minister Narendra Modi’s […]
Great stories of leaders often make rounds. But little known are episodes from their past which could have panned out differently, if not for a complete stranger to work out the hurdle. Hirubhai Patel, now 80, and Prime Minster Modi’s tryst started years ago in New York. A theft left Modiji without any money, documents […]
There is a method in the madness. The world’ largest democracy, India, goes through much tumult during elections, be it on the national or regional level. However, as master strategist Prashant Kishor has shown, the science of planning is a must to arrive upon the desired result. Wasting no time, after its overwhelming victory in […]
Your early 20s are a time for growth. New friends, new jobs, new towns. But with so many firsts, mistakes are only natural. Financial mistakes, however, can be costly. Chartered accountant and tax consultant Yash Shah is here to help you. 1. Start getting to know the concept of investing as soon as possible the […]
The controversial Parul University of Gujarat which is notorious for buying “best University ” rankings and ratings is a serious problem now. The income tax has put Parul University under radar for misusing documents of at least 200 college students. To save tax, the University, which naturally would collect all documents of its students during […]
Among the 5,000 foundry units in India, Gujarat alone account for about 30 percent while notching the first spot in the turnover from the same. About 90 per cent classify into small and medium scale enterprises (SMSEs). That the foundry industry is a labour-oriented enterprise makes matters worse. It provides direct employment to 5 lakh […]
Located 106 kms from Ahmedabad, Madal Bechraji is all set to become the hub of electric vehicle manufacturing not just in Gujarat but in India. Similarly, Sanand at 22 kilometres from Ahmedabad, was chosen for the Tata Nano Plant. Soon, Ford and Honda also set up shop in the same town. Why Sanand and Bechraji? […]
In blatant violation of Fundamental Rights, 17 SC/ST students were suddenly informed of their dismissal from the JMD Institute Of Nursing, Raysan. Why? “We were called individually in Madam’s cabin and informed that our admission stands cancelled because we did not meet the IQ requirements at the admission test.” The course is in its second […]
Sleep is a basic human need. Nobody can carry on with life without it. To attempt a play on this theme is obviously a challenging task. Gujarat based writer and director Harsh Shodhan’s latest Gujarati play with a catchy name ‘Shubhratri (Good Night) revolves around the theme of sleep or sleep deficiency. The play is […]
