The MCA’s Companies Compliance Facilitation Scheme, 2026 provides major relief by reducing additional filing fees for pending annual compliances by 90%. The article explains how companies can regularize filings, avoid penalties, and reduce compliance costs.
The article explains how inflation and geopolitical tensions are affecting household budgets, savings, and investments. It highlights the importance of disciplined financial planning, emergency funds, and diversified investments.
The article explains how Audit Committee, Board, and shareholder approvals apply to related party transactions under corporate law. It highlights stricter compliance requirements for listed companies under SEBI regulations.
The article explains that GST penalties generally require existence of tax liability, contravention, or deliberate intent to evade tax. Mere technical or clerical lapses without mens rea cannot automatically trigger penal action under the GST Act.
The Income-tax Act, 2025 has officially replaced the Income-tax Act, 1961 from 1st April 2026. The new law focuses on simplified language, reduced litigation, and easier tax compliance without introducing new taxes.
The update highlights the Supreme Court’s split verdict on Section 17A of the PC Act concerning prior approval for investigation of public servants. The issue has now been referred to a larger Bench for final adjudication.
The article explains how critical illness insurance provides a fixed payout for listed illnesses while standard health plans mainly cover eligible treatment expenses. It highlights how combining both covers may help families manage recovery costs, income gaps, and household expenses.
The article explains how constitutional safeguards prevent illegal, discriminatory, and oppressive taxation by authorities. It highlights the role of Articles 14, 19(1)(g), and 265 in protecting businesses against misuse of taxing powers.
The article explains that companies need a balanced mix of Executive, Non-Executive, and Independent Directors for effective governance and better decision-making. It highlights how proper Board composition supports long-term business success.
The article clarifies that ASISSE notices derive authority from the Collection of Statistics Act and not from Section 405 of the Companies Act, 2013. It explains the legal distinction and compliance implications for companies and LLPs.
