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Non- Appointment of CS: MCA Reduces Penalty by 85% to Rs. 2.25 Lakh

February 2, 2024 507 Views 0 comment Print

Vishnupriya Hotels and Resorts Private Limited failed to appoint a Company Secretary despite the stipulated requirements under Section 203 of the Companies Act, 2013, since November 2, 2018. The Registrar of Companies, Andhra Pradesh, imposed a penalty of Rs. 5,00,000/- each on the company and its two directors, totaling Rs. 15,00,000/-.

Interim Union Budget 2024-25: A Vision for India’s Development

February 2, 2024 3069 Views 0 comment Print

Explore the key highlights of the Interim Union Budget 2024-25, focusing on economic growth, social initiatives, and fiscal policies for a developed India by 2047.

DRAFT IRDAI (Corporate Governance) Regulations, 2024

February 2, 2024 1104 Views 0 comment Print

Explore the Exposure Draft by IRDAI on Corporate Governance Regulations 2024. Share your insights before 23rd Feb to shape insurance industry governance. Learn more.

Non-appointment of CS: MCA Reduces Penalty from ₹31.62 Lakh to ₹4.47 Lakh

February 2, 2024 627 Views 0 comment Print

Significant reduction in penalties for Aerostructures Assemblies India by MCA over compliance issues, highlighting efforts during COVID-19. Read more.

Direct Tax Collections Tripled, Return Filers Surge 2.4 Times in Past Decade

February 1, 2024 543 Views 0 comment Print

Explore the Interim Budget 2024-25 highlights as Union Finance Minister Nirmala Sitharaman reveals a remarkable threefold increase in direct tax collections and a surge in return filers. Discover tax rate reductions, improved services, and the swift processing of returns.

Summary of Interim Union Budget 2024-25

February 1, 2024 1710 Views 0 comment Print

Explore the highlights of India’s Interim Union Budget 2024-25 presented by Finance Minister Nirmala Sitharaman. Learn about GDP projections, fiscal policies, and strategic initiatives.

Customs Circular 01/2024: Authorization of Booking Post Offices

February 1, 2024 1833 Views 0 comment Print

Read Circular 01/2024 from the Ministry of Finance, India, authorizing Booking Post Offices for export consignments. Get the latest updates on customs regulations.

Finance Bill, 2024 for Interim Budget 2024-2025

February 1, 2024 15381 Views 0 comment Print

The Finance Bill, 2024, also known as Bill No. 14 of 2024, is a legislative proposal introduced in the Lok Sabha, the lower house of the Parliament of India. The bill was introduced on the 1st of February, 2024. The Finance Bill is a crucial part of the Union Budget, as it lays out the government’s proposed financial […]

Non-appointment of CS: MCA reduces Penalty from ₹25 Lakh to 3.75 Lakh

February 1, 2024 1455 Views 0 comment Print

In a significant decision, the MCA reduced the penalty for Shrushti Contech Pvt Ltd’s non-appointment of a Company Secretary from ₹25 lakh to ₹3.75 lakh. Discover the details.

Non-appointment of CS- MCA Reduces Penalty from ₹25 Lakh to ₹3.75 Lakh

February 1, 2024 708 Views 0 comment Print

Explore the appeal filed by Shrushti Contech Private Limited against penalties under the Companies Act, 2013. Detailed analysis of the adjudication order and its implications.

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