companies act

Vacancy At National Financial Reporting Authority (NFRA) https://www.livelaw.in/job-updates/legal-jobs-managerassistant-manager-vacancy-at-national-financial-reporting-authority-nfra-187092

Breaking: NFRA Issues Consultation Paper for Removing Compulsory Audit of Micro, Small & Medium Companies (MSMCs)

A preliminary analysis has been done by National Financial Reporting Authority (NFRA) on the key financial parameters of the companies registered in India from their MCA-21 filings and it is found that the fees paid to auditors by a large majority of Micro, Small and Medium Companies (MSMCs) are way below what an audit, when …

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CSR funds spent for creating health infrastructure for COVID care are eligible CSR activities under Companies Act

The Government has clarified that spending of Corporate Social Responsibility (CSR) funds for creating health infrastructure for COVID care are eligible CSR activities under Companies Act. The eligible CSR activities include establishment of medical Oxygen generation and storage plants, manufacturing and supply of Oxygen concentrators, ventilators, cylinders and other medical equipment for countering COVID-19 or …

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New Definition of "listed company"

Companies (Specification and definitions details ) 2nd Amendment Rules 2021

New Definition of “listed company” The private or public company which do not have equity shares listed on recognized stock exchange but have other securities listed by way of private placements are kept out of preview of listed company status The public company has equity listed in Foreign jurisdiction but do not have equity shares …

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Analysis of Proposed Amendments in Union Budget 2021-22

The Union Minister for Finance & Corporate Affairs, Smt Nirmala Sitharaman presented the Union Budget 2021-22 in Parliament today, which is the first budget of this new decade and also a digital one in the backdrop of unprecedented COVID-19 crisis. Laying a vision for Aatma Nirbhar Bharat, she said this is an expression of 130 crore Indians who have full confidence in their capabilities and skills. She said that Budget proposals will further strengthen the Sankalp of Nation First, Doubling Farmer’s Income, Strong Infrastructure, Healthy India, Good Governance, Opportunities for youth, Education for All, Women Empowerment, and Inclusive Development among others.

Tax Associations Come Together against Wrong Implementation of Tax Laws in India

Tax Associations Come Together against Wrong Implementation of Tax Laws in India

Tax Associations Come Together against Wrong Implementation of Tax Laws in India As we all know that tax implementation in our country is very poor. When portals are not working, government extend due dates but when taxpayers are not able to do compliance due to any reason/ pandemic, government is not extending due dates and …

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