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MCA21 Version 3.0 to be launched in Fiscal 2021-22

February 6, 2021 8331 Views 0 comment Print

MCA will launch data analytics driven MCA21 Version 3.0. This Version will have additional modules for e-Adjudication, e-Consultation and Compliance Management. MCA21 system is the first Mission Mode e-Governance project of Government of India.

Increase in FDI limit in Insurance Sector will positively impact Indian Economy

February 6, 2021 3006 Views 0 comment Print

Secretary, DPIIT, Ministry of Commerce and Industry, Dr. Guruprasad Mohapatratoday said that increase in  FDI limit from 49% to 74% in Insurance Companies announced in the Union Budget 2021-22  will have positive impact on the Indian economy.

Director of a company arrested for non deposit of GST

February 5, 2021 4266 Views 0 comment Print

 Press Release by CGST Delhi South Commissionerate regarding arrest of a Director of a company under CGST Act, 2017 for non deposit of Rs. 24.96 crores of GST collected but not paid OFFICE OF THE PRINCIPAL. COMMISSIONER OF CENTRAL GOODS & SERVICE TAX, DELHI SOUTH COMMISSIONERATE, 3rd FLOOR, EIL ANNEXEE  BUILDING, BIKAJI  KAMA PLACE, NEW […]

Budget 2021-2022 minimizes Regulatory Compliance Burden

February 5, 2021 831 Views 0 comment Print

Budget 2021-22 has proposed various measures to reduce regulatory compliance burden which will improve ease of doing business for industry and ease of living for citizens.

Union Budget 2022 to enhance Investment Ecosystem in country

February 5, 2021 453 Views 0 comment Print

Secretary (DPIIT), Dr. Guruprasad Mohapatra todaysaid that  the Union Budget 2021 is aimed at restoring growth in the aftermath of heavy economic losses suffered by the country due to Covid-19 pandemic by enhancing the investment ecosystem in the country.

Industrial parks and industries in the country

February 5, 2021 540 Views 0 comment Print

Ministry of Commerce & Industry Industrial parks and industries in the country Posted On: 05 FEB 2021 Industrial Park Scheme-2002, applicable for any undertaking which develops and operates, or, maintains and operates, an Industrial Park for the period beginning 1st day of April, 1997 and ending 31st day of March, 2006, was notified by the Department for […]

Startup India Seed Fund Scheme

February 5, 2021 936 Views 0 comment Print

Ministry of Commerce & Industry Startup India Seed Fund Scheme Posted On: 05 FEB 2021 3:07PM by PIB Delhi Startup India Seed Fund Scheme (SISFS) has been approved for the period of next four years starting from 2021-22. It will be implemented with effect from 1st April 2021. The Scheme aims to provide financial assistance to […]

Budget 2021-22 will boost Start-ups in country

February 5, 2021 873 Views 0 comment Print

Budget 2021 incentivizes the incorporation of One Person Companies (OPCs) by amending the Companies (Incorporation) Rules to allow OPCs to grow without any restrictions on paid up capital and turnover, allowing their conversion into any other type of company at any time, reducing the residency limit for an Indian citizen to set up an OPC from 182 days to 120 days and also allow Non-Resident Indians (NRIs) to incorporate OPCs in India.

Single Window Approval System for Industries

February 5, 2021 633 Views 0 comment Print

The Central Government is working on setting up a Single Window System for   clearances and approvals of industry in the country. Despite the presence of several IT platforms for investing in India such as in departments of the Government of India and State Single Window Clearances, investors need to visit multiple platforms to gather information and obtain clearances from different stakeholders.

FAQs on New Training Structure for CS Students wef 03.02.2021

February 5, 2021 18105 Views 1 comment Print

FAQs on New Training Structure as per Company  Secretaries (Amendment) Regulations, 2020 to be effective from 03rd February, 2021 Part A- Implementation of New Training Structure and its applicability Sl. No. Question Answer 1 When is the new Training structure under Company Secretaries (Amendment) Regulations, 2020 coming into force The new training structure as per […]

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