Draft board resolution format for adding a new authorized bank signatory to a company’s bank account. Suitable for compliance with company and banking requirements.
Govt retains 12% GST on mango pulp; no proposal sent for reduction. Support to mango farmers continues through MIDH scheme with subsidies and assistance.
GSTAT benches face delays due to legal challenges and amendments. Interim measures include relaxed ITC limits, reduced appeal pre-deposits, and an amnesty scheme
Crypto not yet regulated in India; FIU monitors VASPs under PMLA. 1% TDS applies to VDAs. RBI issues advisories on crypto risks; no formal awareness drive.
India’s Finance Ministry details VDA/cryptocurrency tax revenue, compliance tools, and official training, addressing tax evasion concerns
Indian government outlines measures against companies not paying MSME dues, including mandatory reporting, penalties, SAMADHAAN portal, and tax provisions.
MCA updates on Draft Digital Competition Bill; extensive consultations held. Evidence-based approach for ex-ante regulation is being considered for future implementation.
MCA details company strike-off drives, compliance mechanisms, and ease of doing business initiatives, including SFIO’s role and MCA21 V3 implementation.
Three Income Tax Department officials, including an Assistant Director, were arrested by the CBI in Patna for accepting a Rs. 2 lakh bribe related to a seized amount.
ICSI advises continued MGT-8 certification on letterhead with UDIN for Form MGT-7 filing under MCA V3, pending MCAs clarification on new integration.