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Archive: 31 January 2023

Posts in 31 January 2023

Govt amends Central Interest Subsidy Scheme, 1997

January 31, 2023 939 Views 0 comment Print

For existing units undergoing substantial expansion: the quantum of interest subsidy eligible in the case of an existing industrial unit which has gone for substantial expansion will be 3% of the increase in working capital loan over and above the average of the working capital loan availed by the industrial unit during two financial years just preceding the date of commencement of commercial operation after undergoing substantial expansion

Govt amends Central Interest Subsidy Scheme, 2007

January 31, 2023 900 Views 0 comment Print

For new units: all eligible industrial units located anywhere in the North East Region shall be given an interest subsidy to the extent of 3 % on the working capital advanced to them by the Scheduled Banks or Central State financial institutions for a maximum period of 10(ten) years from the date of commencement of commercial production.

Govt amends Credit Guarantee Fund for Micro Units (CGFMU) Scheme

January 31, 2023 2136 Views 0 comment Print

Central Government hereby makes the following amendments to the Scheme known as the Credit Guarantee Fund for Micro Units (CGFMU)

DRTs & DRATs – e-filing of pleadings by applicants is mandatory

January 31, 2023 1473 Views 0 comment Print

Debts Recovery Tribunals and Debts Recovery Appellate Tribunals Electronic Filing (Amendment) Rules, 2023 – The e-filing of pleadings with Debts Recovery Tribunals (DRTs) and Debts Recovery Appellate Tribunals (DRATs) by applicants is mandatory and any other form of filing shall not be taken on record. MINISTRY OF FINANCE (Department of Financial Services) NOTIFICATION New Delhi, […]

Extension of CMA Examination Applicability for two more terms under Syllabus 2016

January 31, 2023 1179 Views 0 comment Print

Cost Accountants of India decided to extend examination applicability under Syllabus 2016 for another two terms for convenience of Students.

Non-filing of Board resolution for appointment of Internal Auditors- Rs. 3.96 Lakh Penalty Imposed

January 31, 2023 4173 Views 0 comment Print

Section 179(3)(k) of Companies Act, 2013 read with Sub-Rule 5 of Rule 8 of Companies (Meetings of Board and its Power) Rules, 2014 mandated to file Board resolution for appointment of Internal Auditors in Company.

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