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
MCA vide its notification dated 9 February 2018 has notified the “Companies (Registered Valuer’s and Valuation) Amendment Rules, 2018“, to amend Rule 11 on “Transitional Arrangement”, i.e. persons rendering valuation services. According to the provisions of these rules, any person
The MCA vide its notification dated 16 February 2018 has amended the Companies (Authorised to Register) Rules, 2014 and notified the Companies (Authorised to Register) Amendment Rules, 2018, substituting form no. URC-1 (Application by a Company for registration under Section 366 i.e, Conversion from firm into Company and
The MCA vide its notification dated 16 February 2018 has amended the Companies (Management and Administration) Rules, 2014 and notified the Companies (Management and Administration) Amendment Rules, 2018, to substitute/ amend the prescribed forms MGT-6 (Return to the Registrar in respect of declaration under section 89 received by
The MCA vide its notification dated 16 February 2018 has notified the Companies (Audit and Auditors) Amendment Rules, 2018, to substitute/ amend the prescribed Forms ADT-1 (Notice to the Registrar by Company for appointment of Auditor) and ADT-2 (Application for removal of auditor(s) from
MCA vide its notification dated 27 February 2018 has amended the Companies (Accounts) Rules 2014 and notified the Companies (Accounts) Amendments Rules 2018. The Companies (Accounts) Amendment Rules, 2018 (“Amendment Rule”), inserts a new proviso under Rule 10 of the
MCA vide its notification dated 20 January 2018 has amended the Companies (Incorporation) Rules 2014 and the Companies (Registration Offices and Fees) Rules 2014 notified the Companies (Incorporation) Amendment Rules 2018 and the Companies (Registration Offices and Fees) Amendment Rules
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