MCA enhanced the definition of the Small Company - Raised the limit to Rs. 4 Cr & Rs. 20 Cr
MCA has done an Amendment in definition of Small Company, Section 2(85) of the Companies Act, 2013 with effect from ...
Read More
The Blogs
MCA Crackdown on Chinese Shell Companies Operating in India: Consultant Mastermind & Chief Plotter arrested by SFIO
MCA Crackdown on Chinese Shell Companies Operating in India: Consultant Mastermind & Chief Plotter arrested by SFIO
After the simultaneous search and seizure operations conducted by the Ministry of
Corporate Affairs on 8th Sept. 2022, on the offices of Jillian Consultants India ...
Read More
An overview of the ICAI clarification on maintenance of books of accounts under Companies Rules
An overview of the ICAI clarification on maintenance of books of accounts under Companies Rules
ICAI announced clarification on 16.8.22 wrt maintenance of books of accounts under Companies Rules
MCA has stepped up the record keeping requirements of businesses in ...
Read More
Fine of Rs. 17,000/- on the company and Directors for not furnishing CIN on letter head of the company
Fine of Rs. 17,000/- on the company and Directors for not furnishing CIN on letter head of the company
Recently, the Registrar of Companies, Karnataka has imposed a fine of Rs. 17,000/- on the company and Directors for not furnishing ...
Read More
“FAQs ON DIR – 3 KYC – PART 1”
"FAQs ON DIR – 3 KYC – PART 1"
Important Questions on Filing of DIR-3 KYC
Q1.What is the due date for filing DIR-3 KYC?
Ans.: Due date for filing the KYC form is 30th September of every year.
Q2. Who is required ...
Read More
Increasing Accountability and Liability of Auditors – Know about CARO 2020
Increasing Accountability and Liability of Auditors - Know about CARO 2020
The CARO 2020 has increased the responsibility of the auditor all the more.
Now, new clause 3(xviii) is incorporated in CARO 2020 which says that if there is a resignation of ...
Read More
Whether appeal before Appellate Authority maintainable for struck off under Section 248 of the Companies Act 2013, in view of sub-sections (6) and (7) of Section 248 and Section 250 of companies Act 2013 ?
Whether appeal before Appellate Authority maintainable for struck off under Section 248 of the Companies Act 2013, in view of sub-sections (6) and (7) of Section 248 and Section 250 of companies Act 2013 ?
An interesting issue arose before the ...
Read More
Before Accepting new audit assignment of existing company, ensure compliances with the CARO 2020
Before Accepting new audit assignment of existing company, ensure compliances with the CARO 2020
The CARO 2020 has increased the responsibility of the auditor all the more.
Now, new clause 3(xviii) is incorporated in CARO 2020 which says that if there is ...
Read More
New CARO 2020 & the precaution by the Auditor before finalizing audit report
New CARO 2020 & the precaution by the Auditor before finalizing audit report
The CARO 2020 has increased the responsibility of the auditor all the more.
One may refer Para 3(ii)(b) of CARO, 2020 which now required auditor to report as ...
Read More
“Corporate Compliance Calendar for the m/o April, 2022”
"Corporate Compliance Calendar for the m/o April, 2022"
About Article / Compliance Tracker:
This article contains various Compliance requirements for the Month of April, 2022under various Statutory Laws. Compliance means “adhering to rules and regulations.” Compliance is a continuous process of ...
Read More
e-SHRAMPortal – An Overview
e-SHRAMPortal – An Overview
Shri Bhupender Yadav, Hon’ble Minister(L&E), The Ministry of Labour& Employment, has launched eSHRAM portalon 26th August 2021. Ministry is continuously working on improving life and dignity of Labour force of country by protecting & safeguarding the ...
Read More
“Introduction of ‘Digital Rupee’ – New Digital Currency”
"Introduction of ‘Digital Rupee’ – New Digital Currency"
Finance Minister, SmtNirmalaSitharaman, has announced the introduction of Digital Rupee to be issued by the Reserve Bank of India starting 2022-23 while presenting the Union Budget 2022-23 in the Parliament. The Reserve ...
Read More
“Corporate Compliance Calendar for the m/o February, 2022”
"Corporate Compliance Calendar for the m/o February, 2022"
About ARTICLE:
This article contains various Compliance requirementsfor the Month of February, 2022under various Statutory Laws. Compliance means “adhering to rules and regulations.”Compliance is a continuous process of following laws, policies, and regulations, rules ...
Read More
“Withdraw of Fund from EPF account related to Covid-19”
“Withdraw of Fund from EPF account related to Covid-19”
The government has notified the amendment in EPF scheme rules regarding withdrawal of funds from the EPF account to deal with coronavirus-related financial exigencies. The government had allowed employees to withdraw ...
Read More
“RBI notified Retail Direct Scheme – Market Making”
“RBI notified Retail Direct Scheme – Market Making”
RBI notifies market making plan to promote retail participation in G-Secs.
The Reserve Bank ofIndia (RBI) vide notification no. RBI/202122/147IDMD.PDRD.No.S1617/03.64.023/2021-22 on 04th day of January, 2022 has introduced the market making scheme to ...
Read More
“Peocedure for ESOP Issue”
“Peocedure for ESOP Issue”
ESOP: Employee Stock Ownership Plan (ESOP)
An employee stock ownership plan (ESOP) refers to an employee benefit plan which is intended to encourage employees to acquire stocks or ownership in the company.It offers employees an ownership interest ...
Read More
“Director’s / Board Report Checklist 2021”
“Director's / Board Report Checklist 2021”
for Private Limited Companies
Director’s / Board Report
As a move towards greater corporate transparency, a Directors / Board’ report is a financial document that is required to file at end of the financial year ...
Read More
“CBDT notifies e-settlement scheme, 2021- Overview”
"CBDT notifies e-settlement scheme, 2021- Overview"
The Board of Direct Taxes (Income Tax Department) videNotification No. 129/2021/ F.No. 370142/52/2021-TPL (Part IV) dated 01.11.2021, in exercise of its power under section 245D (11) & 245D (12) of the Income-tax Act, 1961 ...
Read More