The Ministry of Corporate Affairs (MCA) vide its Notification dated 18th August 2022, has amended Companies (Incorporation) Rules, 2014 by notifying Companies (Incorporation) Third Amendment Rules, 2022 and after Rule 25A, a new Rule 25B – Physical Verification of the registered office of the Company is inserted to facilitate the physical verification of the Registered office of the Company by the Registrar.

The government has clarified on the new GST or goods and services tax rules on rent, which came into effect from 18th July. In a tweet, PIB said that “renting of residential unit taxable only when it is rented to business entity️." It further clarified that “no GST when it is rented to private person for personal use; no GST even if proprietor or partner of firm rents residence for personal use."

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Wizkid Consultancy & Financial Services Pvt Ltd is a growing financial, Management and Engineering Consultancy service provider based in Srinagar Kashmir. The company has grown into a premier Brand in industrial and services Sector and has had the privilege of working with leading industrial units including PSUs. Wizkid team is bestowed with a vastly experienced and diverse set of professionals which includes renowned Cost Accountants, Former Bankers, Economists and highly experienced Engineers. These individuals are trained to provide quality solutions with greater stress on handling sensitive and confidential information in an efficient manner.

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Income-tax Rule

CBDT amends Rule 128 of the Income-tax Rules, 1962, providing major relief to taxpayers in the matter of claiming Foreign Tax Credit (FTC). The Statement in Form No. 67 can now be furnished on or before the end of the relevant Asstt Year. Notification No. 100/2022 issued. (1/2)

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It is my Endeavour to present Wizkid Consultancy and Financial Services Private Limited as my dream child, a multi-disciplinary and multi locational professional service provider in the field of Finance, Engineering, Law & IT.

Incorporated with the objective to provide all professional business consultancy services which an organization might need at different stages and varying business needs under a single roof. The idea is to work towards growth & yet maintain high levels of sustainability. Wizkid intends to provide quality business solutions with greater stress on handling sensitive & confidential information in an efficient manner.

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