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Archive: 29 June 2023

Posts in 29 June 2023

Increased TCS rates on Foreign Remittance to apply from 1st October 2023

June 29, 2023 15717 Views 1 comment Print

No change in rate of TCS for all purposes under LRS and for overseas travel tour packages, regardless of mode of payment, for amounts up to Rs. 7 lakh per individual per annum. Government gives more time for implementation of revised TCS rates and for inclusion of credit card payments in LRS. Increased TCS rates to apply from 1st October, 2023

EPFO Extends Deadline for Pension Option Submission on Higher Wages

June 29, 2023 3678 Views 4 comments Print

EPFO has extended the submission date for pension options on higher wages, providing employees and employers with an additional window to update their details.

Major Fraud Syndicate Involving Fake Firms Busted by DGGI in Jaipur

June 29, 2023 1737 Views 0 comment Print

DGGI Jaipur’s major crackdown on a syndicate operating 569 fake firms across 14 states, leading to fraudulent ITC claims worth Rs 1,047 crore.

NCLT approves Resolution Plan of D.S. Kulkarni Developers Limited

June 29, 2023 4131 Views 0 comment Print

NCLT Mumbai approves Ashdan Properties-led consortium’s plan for D.S. Kulkarni Developers, marking a pivotal step in IBC resolution process.

Section 180 (1)(a): Selling or Disposal of Undertaking of a Company or Shares of Subsidiaries

June 29, 2023 31629 Views 0 comment Print

Gain comprehensive understanding of Section 180 (1)(a) of Companies Act, 2013 – focusing on the selling or disposal of a company’s undertaking or shares of subsidiaries.

Form No. DIR-2 Consent to act as a director of a company – Format

June 29, 2023 25719 Views 1 comment Print

Form No. DIR-2: Complete guide on the consent form to act as a director. Learn its importance, contents, and the step-by-step process for submission. Ensure legal compliance for your directorial role.

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