The MCA vide its notification dated 7 May 2018 has amended Companies (Meeting of Board and Its Powers) Rules 2014 by the Companies (Meetings of Board and Its Powers) Amendment Rules 2018. Now any director may participate through video conferencing
The MCA vide its notification dated 7 May 2018 has amended Companies (Audit and Auditors) Rules 2014 by Companies (Audit and Auditors) Amendment Rules 2018. The Explanation to Rule 3(7) of Companies (Audit and Auditors) Rules, 2014 stating that if
The Central Board of Direct Taxes (CBDT) in consultation with Ministry of Finance has notified Income Tax Return Forms for the Assessment Year ('AY') 2018-19. Few observations are as below: For AY 2017-18, a one-page simplified ITR Form-1(Sahaj) was notified.
The Commercial Courts, Commercial Division and Commercial Appellate Division of High Courts Act, 2015 also known as The Commercial Courts Act was passed in 2015 with the intent to fasten the process of resolving Commercial disputes in India. The Act
The MCA vide its notification dated 7 May 2018 has amended Companies (Appointment and Qualification of Directors) Rules 2014 by Companies (Appointment and Qualification of Directors) Second Amendment Rules 2018 expanding the scope of qualifications of independent directors. Rule 5
The Department of Industrial Policy and Promotion (DIPP) vide its notification dated 11 April 2018 has amended its previous notification dated 23 May 2017 on the eligibility guidelines for ‘start-ups’. This notification is in suppression of the earlier notification dated
The Department of Industrial Policy and Promotion (DIPP) vide its notification dated 11 April 2018 has amended its previous notification dated 23 May 2017 on the eligibility guidelines for ‘start-ups’. This notification is in supersession of the earlier notification dated
The Ministry of Finance vide its press release dated 6 January 2018 has informed that representations are received from the companies against whom an application for corporate insolvency resolution has been admitted by the adjudicating authority under section 7, 9
The Union Cabinet has accorded its consent for the protocol amending the Agreement between India and China for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to taxes on income. The key aim is to
The Income Tax Act, 1961 (the IT Act) mandates the taxation of premium received on issue of shares to resident Indians in excess of Fair Market Value ('FMV') by a company, as income u/s 56(vii) (b) of the Income Tax
DRUG & CLINICAL TRIAL RULE 2018 The Ministry of Health and Family Welfare of Government of India has released draft Clinical Trial (CT) Rules 2018, which will come in force after its final publication in the Official Gazette. The new
SEBI vide its circular dated 22 February 2018 has provided the following methods for complying with the Minimum Public Shareholding (MPS) requirement: Open market sale of shares held by the promoters/promoters group up to 2% of the paid-up equity share
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