A reduction in the statutory rate of EPF contribution from 12% to 10% came into place in order to increase the take-home pay for employees. Read the FAQs on this measure here.
Illustrations for Understanding Significant Beneficial Ownership - Part 3
This article is in continuation of our previous article on Significant Beneficial Ownership which explains this new concept.
The concept of Significant Beneficial Ownership is brought by the Ministry of Corporate Affairs ("MCA") to identify those individuals who indirectly control or exercise significant shareholding in the Company through layers of artificial entities like Companies or LLPs.
The Lok Sabha on Saturday i.e. 19th September 2020 passed a bill to further amend the Companies Act and decriminalize various compoundable offenses as well as promote ease of doing business in the country.
Pursuant to a general extension granted by respective ROCs, the time gap between 2 AGMs can exceed 15 months but cannot exceed 18 months.
ESIC Portal registration and log in for employer and employee. Services offered on the portal, online payment of ESI contribution, challan generation, e-Pehchan Card, and revised rates.
A Producer Company may be referred to as a legally recognized entity of farmers with the objective of improving the standard of living.
ESOP is governed through Section 62(1) (b) of the Companies Act, 2013 ("CA, 2013") and SEBI (ESOS and ESPS) Guidelines, 1999 as amended.
A Public Limited Company has been defined under Section 2(71) of the Companies law. Public Limited Company offers shares to the general public and has limited liability.
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