Non-Profit organizations (NPOs) have grown by leaps and bounds with larger magnitude. In view of their growing significance, ensuring accountability and transparency for NPOs becomes important. Sound financial reporting aids in ensuring accountability and transparency for NPOs.
Centre releases endorsement guidelines for Celebs and Social Media Influencers Disclosures must be prominently and clearly displayed in the endorsement Use terms ‘advertisement’, ‘sponsored’ or ‘paid promotion’ for endorsements: Guidelines The Department of Consumer Affairs under Ministry of Consumer Affairs, Food and Public Distribution released a guide ‘Endorsements Know-hows!’ for celebrities, influencers and virtual influencers on […]
To strengthen functioning of IBC, changes to Code are being considered in relation to admission of corporate insolvency resolution process (CHIP) applications, streamlining the insolvency resolution process, recasting the liquidation process, and role of service providers under Code.
MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 20th January, 2023 G.S.R. 35(E).—In exercise of the powers conferred by sub-section (1) of section 406 read with sub-sections (1) and (2) of section 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules, further to amend the Nidhi Rules, […]
One-time relaxation from maintaining Average Export Obligation and option to avail extension in Export Obligation Period for specified EPCG authorizations is provided on account of COVID-19 pandemic, subject to fulfillment of conditions. This is in addition to EO extensions facility (upon payment of the composition fees) already provided in FTP/HBP. GOVERNMENT OF INDIA MINISTRY OF […]
Companies (Registration Offices and Fees) Amendment Rules, 2023 shall come into force with effect from 23rd January, 2023.
The timeline for declaring the net quantity of edible oils etc. without mentioning temperature is extended for six months, considering the request of the industries to exhaust the un-utilized packaging material.
These rules may be called the Companies (Authorised to Register) Amendment Rules, 2023. They shall come into force with effect from 23rd January 2023.
Notice of increase in the authorized Capital ought to have been filed by way of Form SH-7 with the office of the undersigned on or before 10.2022 i.e. within 30 days from the date of passing above Resolution dated 29.09.2022
MA Multi-Infra Development Pvt. Ltd. Vs ACIT (Bombay High Court) On a perusal of the notice dated 31st March 2021 issued u/s.148 of the Act by the Assessing Officer shows that the same has been issued after obtaining necessary satisfaction of the Range 3(2), Mumbai. As per the objections filed by the revenue, the approval […]
