MCA to Strike Off 400 Chinese Companies Over Fraud Concerns

Last updated: 06 August 2024


The Ministry of Corporate Affairs (MCA) is set to strike off up to 400 Chinese companies across 17 states in the next three months due to incorporation and financial frauds, according to a government official. Currently, over 700 Chinese companies are under MCA investigation. Extensive Investigatio
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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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