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Penalty Imposed for Starting Business Without Filing INC-20A

December 16, 2025 1746 Views 0 comment Print

The ROC penalised a company for commencing operations without a valid declaration of commencement. The key takeaway is that business cannot begin before complying with Section 10A requirements.

Heavy Penalty on Nidhi Company for Failure to File Annual Return with ROC

December 16, 2025 456 Views 0 comment Print

Non-filing of annual returns led to maximum penalties on the company and directors. The key takeaway is that Section 92 compliance is mandatory and strictly enforced.

Penalty Imposed for Non-Disclosure of Director Changes in Board Report

December 16, 2025 1776 Views 0 comment Print

Failure to report resignation and appointment of directors led to penalties under company law. The key takeaway is that Board Reports must fully disclose changes in management.

Penalty Imposed for Incomplete Explanatory Statement in Sweat Equity Issue

December 16, 2025 708 Views 0 comment Print

Directors were penalised for failing to provide mandatory disclosures in EOGM notices. The key takeaway is that full explanatory statements are essential for valid shareholder approval.

Anti-Dumping Duty on Faced Glass Wool Extended Till 17th June 2026

December 15, 2025 2115 Views 0 comment Print

The government extended the existing anti-dumping duty on specified glass wool imports. The key takeaway is continued trade protection during the review period.

Taxation Tariff Change On Textile Industries

December 15, 2025 1032 Views 0 comment Print

Government initiatives, including PLI schemes and export missions, support resilience and growth in textile and apparel exports despite international tariff pressures.

Impact of GST Rationalisation On Cooperatives

December 15, 2025 846 Views 0 comment Print

Reduced GST on dairy, food processing, and agricultural inputs enhances competitiveness, increases revenue, and benefits cooperative members nationwide.

Fake donations claims to political parties and trusts Under Tax Scanner

December 15, 2025 5616 Views 1 comment Print

The NUDGE campaign targets fraudulent claims under sections 80G and 80GGC, helping taxpayers voluntarily revise returns and avoid penalties.

From Policy to Prosperity: GCCs Leading India’s Growth Journey

December 15, 2025 741 Views 0 comment Print

GCCs have evolved from support units to strategic hubs, boosting revenue, employment, and digital innovation across India’s major tech clusters.

New Labour Codes Strengthen Safety for Hazardous Sector Workers

December 15, 2025 528 Views 0 comment Print

Mandatory health checks, PPE, risk assessment, and emergency response systems improve protection for workers in high-risk industries.

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