Around 2.24 lakh companies have been struck-off till date for remaining inactive for a period of two (2) years or more

Around 2.24 lakh companies have been struck-off till date for remaining inactive for a period of two (2) years or more;. Around 3.09 lakh Directors disqualified who were on the Board of Companies that have failed to file Financial Statements and/or Annual Returns for a continuous period of three (3) financial years during 2013-14 to

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CBDT notifies rules in respect of Country-by-Country reporting and furnishing of Master File

CBDT notifies rules in respect of Country-by-Country reporting and furnishing of Master File In keeping with India’s commitment to implement the recommendations of 2015 Final Report on Action 13, titled “Transfer Pricing Documentation and Country-by-Country Reporting”, identified under the OECD Base Erosion and Profit Shifting (BEPS) Project, section 286 of the Income-tax Act, 1961 (‘the

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Maximum age of joining National Pension System (NPS) increased from the existing 60 years to 65 years under NPS- Private Sector.

Maximum age of joining National Pension System (NPS) increased from the existing 60 years to 65 years under NPS- Private Sector. In continuance of the several initiatives under taken by Pension Fund Regulatory and Development Authority (PFRDA) during the last few years to increase the pension coverage in the country, PFRDA has now increased the

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Follow-up action by the States on properties belonging to around 2.09 lakh companies struck-off from the Register of Companies by the Central Government

The Minister of State for Law, Justice and Corporate Affairs, Mr. P. P. Chaudhary reviews the follow-up action by the States on properties belonging to around 2.09 lakh companies struck-off from the Register of Companies by the Central Government. Mr. P. P. Chaudhary asks the States’ representatives that  process of identification and tracking of properties belonging to such

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General Provident Fund (GPF) and other similar funds shall carry interest at the rate of 7.8% w.e.f. 1st October, 2017 to 31st December, 2017.

General Provident Fund (GPF) and other similar funds shall carry interest at the rate of 7.8% w.e.f. 1st October, 2017 to 31st December, 2017. The Government of India has announced that during the Financial Year 2017-18, accumulations at the credit of subscribers to the General Provident Fund (GPF) and other similar funds shall carry interest

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EPCH hails GST notification to ease procedure for merchant exporters

EPCH hails GST notification to ease procedure for merchant exporters The Export Promotion Council for Handicrafts has welcomed the Government’s decision to ease the procedure for merchant exporters. Handicrafts merchant exporters can now purchase the goods from registered suppliers by paying 0.1% GST and amount paid as GST will be refunded within 90 days of the export

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Clarification on issues wherein the goods are moved within the State or from the State of registration to another State for supply on approval basis

Clarification on issues wherein the goods are moved within the State or from the State of registration to another State for supply on approval basis Various communications have been received particularly from the suppliers of jewellery etc. who are registered in one State but may have to visit other States (other than their State of

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Ministry of Corporate Affairs issues Notification for commencement of Section 247 of the Companies Act, 2013 relating to Valuation by Registered Valuers

Ministry of Corporate Affairs issues Notification for commencement of Section 247 of the Companies Act, 2013 relating to Valuation by Registered Valuers; The Companies (Registered Valuers and Valuation) Rules, 2017, finalized after public consultation and detailed deliberations with stakeholders, have also been issued simultaneously. The Ministry of Corporate Affairs has issued Notification for commencement of

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