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Fixed Asset Management Tool with Depreciation Calculator for Companies
Fixed Asset Management Tool with Depreciation Calculator as per Schedule II of Companies Act 2013 Key Features of Fixed Asset Management Tool with Depreciation Calculator for Companies ♦ Line wise SLM...
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Companies to disclose Crypto Currency transactions in Financial Statements
Ministry of Corporate Affairs MCA amends Schedule III of Companies Act on disclosure norms in financial statements Posted On: 10 AUG 2021 In order to bring in greater transparency in reporting of fina...
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MCA exempts foreign & companies incorporated outside India from provisions of sections 387 to 392
Exemption from Chapter XXII: Companies Incorporated Outside India Central Government hereby exempts (a) foreign companies; (b) companies incorporated or to be incorporated outside India, whether the c...
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Companies (Registration of Foreign Companies) Amendment Rules, 2021
MCA notifies Companies (Registration of Foreign Companies) Amendment Rules, 2021 vide Notification No. G.S.R. 538(E) dated 5th August, 2021. In Rule 2(1)(c) of the Companies (Registration of Foreign C...
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Companies (Specification of definitions details) Third Amendment Rules, 2021
MCA notifies Companies (Specification of definitions details) Third Amendment Rules, 2021 vide Notification No. G.S.R. 539(E) dated 5th August, 2021. In Rule 2(1)(h) of the Companies (Specification of...
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Clarification on spending of CSR funds for COVID-19 vaccination
Spending of CSR funds for COVID-19 vaccination for persons other than the employees and their families, Is an eligible CSR activity under item no. (i) of Schedule VII of the Companies Act, 2013 relati...
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12,889 shell companies struck off in FY 2020-21
There is no definition of the term ‘Shell Company’ in the Companies Act. It normally refers to a company without active business operation or significant assets, which in some cases are used for illeg...
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Key features of SPICe+ & Ministry initiative for Ease of Doing Business
As part of Government of India’s Ease of Doing Business (EODB) initiatives, the Ministry of Corporate Affairs has deployed a new Web Form christened ‘SPICe+’ (pronounced ‘SPICe Plus’) replacing the ea...
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Government identified 2,38,223 companies as shell companies
Ministry of Corporate Affairs Government identified 2,38,223 companies as shell companies between 2018-2021 Posted On: 27 JUL 2021 There is no definition of the term “Shell Company” in the Companies A...
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320 foreign companies registered in India between 2018 and 2021
Ministry of Corporate Affairs Posted On: 27 JUL 2021 A total of 320 foreign companies registered in the country during the last three years. This was stated by Union Minister of State for Corporate Af...
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23 measures taken by MCA to fight COVID-19 pandemic
Ministry of Corporate Affairs Various measures taken by Ministry of Corporate Affairs (MCA) to fight COVID-19 pandemic Posted On: 20 JUL 2021 The Ministry of Corporate Affairs (MCA) primarily administ...
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36191 new companies incorporated from April to June 2021
Ministry of Corporate Affairs 36,191 new companies incorporated from April to June 2021; an increase of 17,223 new Companies Several steps taken by Ministry of Corporate Affairs during COVID-19 Pandem...
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23 measures taken by MCA to fight COVID-19 pandemic
Ministry of Corporate Affairs Various measures taken by Ministry of Corporate Affairs (MCA) to fight COVID-19 pandemic Posted On: 20 JUL 2021 The Ministry of Corporate Affairs (MCA) primarily administ...
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Rs 21,231 crore spent by 21,349 companies on CSR funds in 2019-20
Ministry of Corporate Affairs Posted On: 19 JUL 2021 Corporate houses spend a huge sum on Corporate Social Responsibility (CSR) for the welfare of workers and local people in the country. This was sta...
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Shri Rao Inderjit Singh takes charge as Union Minister of State in Ministry of Corporate Affairs
Ministry of Corporate Affairs Posted On: 12 JUL 2021 Shri Rao Inderjit Singh took charge as Union Minister of State in the Ministry Corporate Affairs (MCA), here today. Before taking charge as Union M...
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MCA Relaxes time for filing forms for creation or modification of charges
Vide General Circular No. 12/2021 dated 30th June, 2021 MCA has decided that In case of CHG – 1 & CHG – 9 the period from 01.04.2021 till 31.07.2021 shall not be reckoned for the purpose of counting t...
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MCA extends time for filing of certain forms to 31st August, 2021
Vide General Circular No. 11/2021 dated 30th June, 2021 MCA has decided to grant additional time up to 31st August, 2021 for filling of forms of Companies & LLPs due for filling during 1st April, 2021...
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Additional time to Companies/LLPs to file forms without additional fees
vide its General Circular No. 11/2021 dated June 30, 2021,, has permitted additional time up to August 31, 2021 for Companies/LLPs to file forms (other than CHG-1, CHG-4 and CHG-9) which were/ are due...
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Delta and Delta Plus Variants: FAQs
Vaccines and COVID Appropriate Behaviour can help us fight the pandemic. Secretary, Department of Biotechnology; Director General, Indian Council of Medical Research; and Director, National Centre for...
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Companies (Accounting Standards) Rules, 2021
MCA has notified Companies (Accounting Standards) Rules, 2021 on 23rd June, 2021. vide this notification has amended definition of Small and Medium Sized Company for applicability of Accounting Standa...