CAclubindia News

MCA disqualifies more than 1 lakh directors of shell companies

Ministry of Corporate Affairs (MOCA) identifies more than one lakh directors of shell companies for disqualification Pursuant to the action of the Ministry of Corporate Affairs of cancellation of registration of around 2.10 lakh (2,09,032) defaulting

Cabinet approves additional 1% DA to Central Govt employees

Cabinet approves release of additional 1% Dearness Allowance to Central Government employees and Dearness Relief to pensioners w.e.f. 01.07.2017 The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval for release of

Direct Tax Collections upto August grows by 17.5%

Direct Tax Collections up-to August, 2017 in the current Financial Year 2017-18 show Growth of 17.5% The Direct Tax collections up to August, 2017 in the current Financial Year 2017-18 continue to register a steady growth. Direct Tax collections, net

Services on which rate of GST reduced to 12%

Decisions taken on Services – 21st GST Council Meeting, 9th September, 2017The following decisions were taken by the GST Council at its 21st meeting held in Hyderabad on 9th September, 2017. The information is being uploaded immediately after t

List of Goods for change in GST rate recommended

The GST Council has recommended changes in the GST rates on the following goods: S. No. HSN Description Present GST Rate Recommended GST rate 1. 0802 Walnuts, whether or not

Increase in rate of the Compensation Cess on motor vehicles

Increase in rate of the Compensation Cess on certain specified motor vehiclesAs per discussions in the GST Council Meeting held on 9th September, 2017:Segment Heading PresentCompensation Cess rate Proposed Compensation Cess ratePassenger Vehicles of

Date for GSTR1 filing for July extended to 10th October

List of Directors associated with struck off companies u/s 248

To view the list of Directors associated with struck off companies issued in that location, click on the desired RoC as mentioned below: RoC Ahmedabad RoC Bangalore RoC Chandigarh RoC Chennai RoC Chhattisgarh RoC Coimbatore RoC Cuttack RoC Delhi RoC

Ministry of Finance tweets against CAs involved in illegal activities

Ministry of Finance tweets against CAs involved in illegal activities

Punishment for Siphoning off Money from Bank Accounts of Struck Off Companies

Stricter Norms for Corporate Governance: Punishment for Siphoning off Money from Bank Accounts of “Struck Off” Companies; Disqualifation of Directors from Being Appointed or Reappointed in Companies MoS (CA) Shri P P Chaudhary: Exercise o