LLP Form 8 Due Date Extended
Ministry of Corporate Affairs (MCA) vide General Circular No. 16/2021 dated 26.10.2021 has issued notification / circular and provided Relaxations in paying additional fees in case of delay in filing...
New definition of Small Company- Applicable from FY 2021-22 onwards
The new definition of Small Company- Know whether your company falls into Small Companies The Ministry of Corporate Affairs has notified an amendment in the Companies (Specification of Definitions Details)...
Breaking- It is Not Within the Purview of NFRA to Recommend that Audit of Certain Categories of Companies is Not Required: ICAI President
In today's message to members of ICAI, ICAI President has said that as per Companies Act 2013 and NFRA Rules, it is not within the purview of NFRA to recommend...
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...
Big Breaking: ROC Mumbai Granted Extension to Company for Holding AGM
As per attached order of ROC Mumbai, the office has granted extension to a company for holding AGM. AGM Extension 2021- Key Provisions & Draft Application CS LALIT RAJPUT
MCA Issues Latest Frequently Asked Questions on Corporate Social Responsibility (CSR)
Today, MCA has issued Frequently Asked Questions on Corporate Social Responsibility (CSR). These FAQs are in suppression of clarification and FAQs as mentioned in attached picture: The Circular containing latest...
CCI imposes Rs 200 crore penalty on Maruti for voilation of the provisions of Competition Act, 2002
CCI imposes Rs 200 crore penalty on Maruti for restricting discounts by dealers The Competition Commission of India (CCI) passed a final order against Maruti Suzuki India Limited (MSIL) for...
MCA Provides Relaxation to specified practicing CA, CMA and CS w.r.t conducting online Test for Independent Director
MCA issued notification dated 19 Aug 21 providing some further relaxation from online proficiency test for appointment as ID after database registration. A person practicing as Advocate, CA, CMA, CS...
MCA news : 4,540 companies admitted into CIRP; 394 companies stand resolved with 36% realisation of claims by financial creditors under IBC
Ministry of Corporate Affairs 4,540 companies admitted into CIRP; 394 companies stand resolved with 36% realisation of...
Cabinet approves amendments to LLP Act for decriminalizing offences, know New Concept of Small Company
Cabinet approves amendments to LLP Act Limited Liability Partnership Amendment Bill, 2021 The Cabinet on 28th day of July, 2021, Wednesday, approved amendments to the Limited Liability Partnership (LLP) Act...
ICAI has brought 26 pages booklet – All about Fair Valuation
ICAI has brought 26 pages booklet on a very interesting topic: concept Paper on All about Fair Valuation. Glancing on 26 pages gives you an overall understanding of Fair...
![[BREAKING] AGM Extension By Top 100 Listed Entities By Market Capitalization](https://i1.wp.com/taxconcept.net/wp-content/uploads/2020/08/AGM-2020.jpg?fit=313%2C161&ssl=1)
[BREAKING] AGM Extension By Top 100 Listed Entities By Market Capitalization
AGM EXTENSION BY TOP 100 LISTED ENTITIES BY MARKET CAPITALIZATION Securities and Exchange Board of India (SEBI) vide notification / Circular SEBI/HO/CFD/CMD1/P/CIR/2021/602 dated 23rd July, 2021, has introduced and published “Extension of...
Important company updates -Allotment of new Name to be made effective automatically in case of ORDNC is not complied with within timeline
MCA has issued Cos (Incorporation) Fifth Amendment Rules, 2021 to be effective from 1st Sept, 2021. Allotment of new Name to be made effective automatically in case of ORDNC is...
Shri Rao Inderjit Singh appointed as Union Minister of State in Ministry of Corporate Affairs
Shri Rao Inderjit Singh took charge as Union Minister of State in the Ministry Corporate Affairs (MCA), here today. Before taking charge as Union Minister of State for MCA, Shri...
38th Weekly Corporate Affairs Newsletter
We thought it would help to give you a sense of what's available to you by subscribing to this 38th WEEKLY CORPORATE AFFAIRS Newsletter- · SEBI Updates · MCA Updates · RBI Updates · IBC Law Updates · Labour...
![MCA Updates- Companies (Independent Directors & Indian Accounting Standards) Amendment Rules, 2021 [Read Circular]](https://i1.wp.com/taxconcept.net/wp-content/uploads/2021/04/MCA.png?fit=768%2C567&ssl=1)
MCA Updates- Companies (Independent Directors & Indian Accounting Standards) Amendment Rules, 2021 [Read Circular]
The Companies (Creation and Maintenance of databank of Independent Directors) Amendment Rules, 2021 [embeddoc url="https://www.mca.gov.in/bin/dms/getdocument?mds=WKw7cnmeWvFV%252BpCpYpqgrg%253D%253D&type=open" download="all"] 2. The Companies (Creation and Maintenance of databank of Independent Directors) Amendment Rules, 2021...
Only Aadhaar, PAN Card required for MSME registration
The government has simplified the registration process for micro, small and medium enterprises (MSMEs) and they will now only need to furnish PAN and Aadhaar to register. Addressing a webinar...
MCA Update on Filings Extension – 40 forms
Please refer the attached file for the list of forms for which additional fee waiver is made available as per Circular no. 06/2021 and 07/2021. Stakeholders may please take note...
Revamped website, e.Book, e.Consultation module and new email services deployed for better stakeholders’ experience introduced :- MCA New Website
Minister of State for Finance and Corporate Affairs Shri Anurag Singh Thakur launches 1st Phase of MCA21 Version 3.0 Minister of State for Finance and Corporate Affairs Shri Anurag Singh...
Team Tax Concept’s Initiative to Help India to Overcome Second Wave of COVID-19 Pandemic
Team Tax Concept's Initiative to Help India to Overcome Second Wave of COVID-19 Pandemic: Make a donation to any organisation for COVID Relief and send us the proof of donation....
Competition Commission of India (CCI) Approves Proposed Acquisition of 100% Shareholding and Sole Control of Ingram Micro Inc. by Imola Acquisition Corporation
The Competition Commission of India (CCI) approves proposed acquisition of 100% shareholding and sole control of Ingram Micro Inc. by Imola Acquisition Corporation. The proposed combination concerns the proposed acquisition...
Protected: Business Concept’s April 2021 Edition under TC VIP Plan
This content is password protected. To view it please enter your password below: Password:
Changes by Ministry of Company Affairs wef 1st April 2021 to ensure more and more transparency
Schedule III of the Companies Act 2013 contains the general instructions for preparation of Balance Sheet and Statement of Profit and Loss of a Company. Following are the changes made...
Due Date to Use Accounting Software with Audit Trail Extended to 1st April 2022
MCA has extended the due date to use accounting software with audit trail from 1st April 2021 to 1st April 2022.
Annual Return (Sec. 92 of CA 2013) Provisions Amended w.e.f. 05.03.2021
Annual Return Provisions Amended w.e.f. 05.03.2021 Section 92 – Annual Return of Companies Act, 2013 Ministry of Corporate Affairs (MCA) vide notification no. / gazette id no. CG-DL-E-08032021-225710 and F....
Ministry of Corporate Affairs and CBIC sign MoU for exchange of data
The Ministry of Corporate Affairs and Central Board of Indirect Taxes and Customs have signed an MoU for exchange of data for enhancing ease of doing business in India and...
Tax Concept’s CA Heer Gajjar and CS Lalit Rajput Launches 23rd Edition of Weekly Taxation Newsletter. Readers Says This is Best Ever Edition
Tax Concept's CA Heer Gajjar and CS Lalit Rajput Launches 23rd Edition of Weekly Taxation Newsletter. Readers Says This is Best Ever Edition On 15th February, 2021, CA Heer Gajjar...
MCA Relaxations due to covid-19 Pandemic
MCA amended Companies Act 2013 to mitigate blow by COVID-19 pandemic https://taxconcept.net/wp-content/uploads/2021/02/wp-1613204081571.pdf
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.
Companies (Incorporation) Second Amendment Rules, 2021 | Budget 2021
MCA has notified the Amendments as announced in the Budget 2021, for OPCs. As per the Amendments introduced: 1. Thresholds of Paid-up capital exceeding Rs 50 lakhs or turnover exceeding...