The net effect of the amendments carried out is that the existing licenses/registration would have a lifetime validity and also allowed a licensee/registration holder to voluntarily come forward to surrender the same.
A CS plays a highly critical role in the company. The role of a CS in company law determines the smoothness of the administrative process in the company's business environment.
Parents don't think of tax benefits while spending money on their children, however, much of their spending on the children are also eligible for tax deductions.
With the spate of bank failures in independent India putting the depositors' money at risk, India passed DICGC Act in 1961 through which the Deposit Insurance & Credit Guarantee Corporation of India came into existence.
SEBI vide a Notification dated 20th July 2021, has introduced 'Relaxation in timelines for compliance with regulatory requirements by Debenture Trustees due to Covid-19'.
Discussing upcoming GST functionalities with regard to Registration in Form GST REG-21, Return under Form GSTR-10, GSTR-11, GSTR-1 and GSTR-5 deployed on the GST Portal in July 2021.
A beneficial interest is the right to receive benefits on shares held by another party. Beneficial interest is often referred to in matters concerning trusts, whereby one has a vested interest in the trust's assets.
Via an amendment in Rule 11 of the Companies (Management and Administration) Amendment Rules, 2021, MCA has introduced e-form MGT-7A as an annual return for Small Companies and OPC w.e.f. FY 2020-21.
Discussing the Mandatory yearly Compliances of a Private Limited Company, List of Annual Compliances and Details of Annual Filing of the Compliances of a Private Limited Company.
Every company shall file its annual return in Form No. MGT-7 except for a One Person Company and a Small Company who shall file their annual return from FY 2020-2021 onwards in Form No. MGT-7A.
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