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Notifications/Circulars

Aluminium and Aluminium Alloy Products (Quality Control) Order, 2023

September 25, 2023 4056 Views 0 comment Print

Explore the Aluminium and Aluminium Alloy Products Quality Control Order 2023 issued by the Ministry of Commerce and Industry. Learn about standards and enforcement.

MCA Circular: AGMs via VC/OAVM for 2024 Allowed

September 25, 2023 32073 Views 0 comment Print

MCA allows companies to conduct Annual General Meetings (AGMs) for 2024 through Video Conference (VC) or Other Audio Visual Means (OAVM). Details and implications.

NPS Tier II Default Scheme: Enhanced Options for Government Subscribers

September 22, 2023 1044 Views 0 comment Print

PFRDA introduces NPS Tier II Default Scheme exclusively for Government Sector Subscribers, offering flexibility, easy withdrawals, and seamless transfers. Learn more.

MCA imposes Rs. 10 Lakh Penalty for Violation of Section 42(2) & 42(7) of Companies Act 2013

September 22, 2023 29928 Views 0 comment Print

MCA imposes a Rs. 10 Lakh penalty on Solargridx Ventures Private Limited and its Directors for violating Sections 42(2) and 42(7) of Companies Act 2013.

CBDT notifies Interest on Loan to NBFCs under Section 43B(da) of Income Tax Act

September 22, 2023 6003 Views 0 comment Print

Central Board of Direct Taxes (CBDT) has recently issued a crucial notification concerning the payment of interest on loans to Non-Banking Financial Companies (NBFCs) under Section 43B(da) of the Income Tax Act. This notification, dated September 22, 2023, brings forth significant implications for both NBFCs and borrowers. Ministry of Finance (Department of Revenue) (Central Board […]

CBDT’s Notification No. 79/2023 on NBFC Classification for Income Tax

September 22, 2023 3162 Views 0 comment Print

Explore recent notification (No. 79/2023) from Ministry of Finance regarding classification of non-banking financial companies (NBFCs) for income tax purposes.

Atomic Minerals Concession (Amendment) Rules, 2023

September 22, 2023 225 Views 0 comment Print

Ministry of Mines introduced amendments to Atomic Minerals Concession Rules, 2016. Learn about changes, penalties for non-compliance, and their impact on mining activities.

MHA Amends Foreign Contribution Rules & Forms: NGOs Must Disclose Assets

September 22, 2023 1779 Views 0 comment Print

Ministry of Home Affairs (MHA) has updated the Foreign Contribution (Regulation) Rules. NGOs must now report details of movable and immovable assets created from foreign contributions. Learn more about these changes.

Delay in Board Meeting Due to Covid Restrictions- MCA imposes Penalty

September 22, 2023 363 Views 0 comment Print

Discover the penalty imposed by the Ministry of Corporate Affairs for violating the Companies Act, 2013 due to Covid-related delays in board meetings.

Gap Exceeded 120 days between two Board Meetings: MCA Imposes Penalty

September 22, 2023 1611 Views 0 comment Print

Taskus India Private Limited faces penalties under Section 454 for violating Section 173 of the Companies Act, 2013, due to a 177 day gap between board meetings.

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