One Lakh Companies lost their registration

Date 15.03.2008 One Lakh Companies lost their registration The government has cancelled the registration of over one lakh Companies for failing to file annual returns, Parliament was informed on Friday. There were about 7,43,628 Companies registered under the Companies Act till March 2007. However, only 3,22,943 Companies filed their annual returns till February this year, the minister of corporate affairs Prem Chand Gupta told the Lok Sabha in a written reply. The same trend was witness

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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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