The Ministry of Corporate Affairs (MCA) has constituted a committee for finalizing the Business framework of the updated NVGs. The Institute of Company Secretaries of India (ICSI) & Indian Institute of Corporate Affairs (IICA) shall render necessary secretarial...
Persons who cannot file updated return
Sebi may Make it Easier to Start up on Bourses
The Securities and Exchange Board of India (Sebi) is planning to relax rules for listing of startups in India, which include giving promoters the flexibility to categorise themselves as ordinary shareholders and exempting them from the mandatory three-year lock-in...
Govt. prescribes procedure for online registration of Budgetary Support Scheme
Government is going to rollout online filing for processing of claims under Budgetary Support Scheme. The new scheme will be effective from 15th October 2018 and new procedure for online registration has been prescribed. The scheme was essentially conceptualized and...
MCA eases process for incorporation of LLPs; specifies new forms ‘RUN-LLP’ and FiLLiP
Ministry of Corporate Affairs (MCA) has notified amendment to the Limited Liability Partnership Rules, 2009 wherein process of incorporation of LLPs and reservation of their name have been amended in order to ease of doing business. Under revised norms, a new web...
Sebi to make listing start-ups attractive
The Securities and Exchange Board of India (Sebi) may soon bring in a slew of changes to make it attractive for startups to list on the bourses. Among other things, the regulator may broaden the definition of startups to include non-tech companies and allow them to...
Govt to Vet GST, Income Tax and Transfer Pricing Filings to Find Leakage
The government is planning to compare data filed by companies with different departments to detect discrepancies and check whether there’s been any leakage in tax collected, raising the prospect of even greater scrutiny, said people with knowledge of the matter. Goods...
Highlights of 29th GST Council Meeting
The 29th GST Council meeting was held on August 04, 2018 at New Delhi. The GST Council meeting has been held to address the concerns of Micro, Small and Medium Enterprises (MSME's) and to affirm the proposal of cashback on digital transactions. The key recommendations...
Tax breather under GST for e-com on the anvil
E-commerce players will finally see scrapping of the proposed tax collected at source (TCS) under the goods and services tax (GST) regime, if proposals for the draft policy are implemented. The proposals call for revisiting TCS, which according to the players mean...
2019 in Mind, Govt Moves to Ease Taxpayer Distress
‘End of tax terrorism’ was one of the political planks that had swung urban votes in favour of BJP in 2014. After four years, the government is making sure that the catchphrase does not come back to haunt it in 2019. A few days ago, the chief of the Central Board of...









