Extension of CFSS Scheme requested by UP Merchant Association



Quick Summary
The UP Merchant Association has formally requested an extension of the Companies Fresh Start Scheme (CFSS) until 30th June 2021. The scheme's original validity expired on 31st December 2020, and no official announcement regarding an extension has been made. Professionals are also voicing their support for the extension on social media.

The UP Merchant Association has written a representation letter to the Union and Finance Minister Smt. Nirmala Sitharaman requesting for the Ministry of Finance to extend the Companies Fresh Start Scheme to 30th June 2021. The validity for the CFSS Scheme collapsed on 31st December 2020. However, no news for the extension has come yet. Professionals have also taken it to Twitter to express their demands, as Extends_CFSS trends on the social networking site. Read the official representation letter below:

UP Merchant Association writes to FM Nirmala Sitharaman

Extension of CFSS Scheme requested by UP Merchant Association

Extension of CFSS Scheme requested by UP Merchant Association  

Extension of CFSS Scheme requested by UP Merchant Association

Extension of CFSS Scheme requested by UP Merchant Association

FAQ :

The UP Merchant Association has requested an extension for the Companies Fresh Start Scheme (CFSS).

The request was made to the Union and Finance Minister, Smt. Nirmala Sitharaman, and the Ministry of Finance.

The UP Merchant Association has requested that the CFSS Scheme be extended to 30th June 2021.

The validity for the CFSS Scheme expired on 31st December 2020.

As of the information provided, no news for the extension has come yet.

Professionals have taken to Twitter to express their demands, with '#Extends_CFSS' trending on the social networking site.




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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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