MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 26th May, 2020 G.S.R. 313(E). - In exercise of the powers conferred by sub-section (1) of section 467 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following further amendment to Schedule VII of the said Act, namely: In Schedule VII, item (viii), after the words "Prime Minister's National Relief Fund", the words "or Prime Minister's Citizen Assistance and Relief in Emergenc..
Introduction: The Government of India specified Corporate Tax Rates in Income Tax Act, 1961 and Finance Act through schedules thereto. Income Tax Act, 1961 cover section i.e. Section 115BA, 115BAA & 115BAB though which corporate tax rate has been specified and further tax rates also specified in finance act through first schedules thereto. Section 115BA has been inserted to provide for a reduced tax rate of 25% in case of all domestic manufacturing companies incorporated on or after Ma..
The Institute of Company Secretaries of India has committed to extend its unstinted support to the Initiative of the Government of India, to battle the biggest pandemic of modern times. In furtherance to the first tranche of collective beneficence of twenty five lakh rupees, from it's employees and members, the Institute made another humble contribution of Five Crore Rupees from the Corpus of ICSI to the PM Cares Fund on 9th April 2020. As a proponent of "Together we can, Together we..
Honourable Prime Minister took to Twitter to thank the CA fraternity, for their contribution to the PM CARES Fund. The PM tweeted, "Our hardworking CA fraternity helps keep the world of business healthy and they are also contributing to make the nation healthy, making the fight against COVID-19 stronger by the contribution to PM-CARES." The tweet came after the ICAI pledged to contribute Rs 21 crores to the PM Cares Fund to help people affected by COVID-19. ..
ICAI Stands with Government to fight against COVID 19 Pledges to contribute Rs 21 crores to PM Cares Fund & PMNRF The Institute of Chartered Accountants of India (ICAI) since its establishment in 1949 through a Legislative Fiat is working assiduously over 70 years, continuously supporting various initiatives of Government. In the current times the world is facing COVID-19 outbreak which has been recognized as a global pandemic. To support our nation to fight against this pandemic, ICA..
The Prime Minister's Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund), was created on 28th March 2020. This was created following the COVID - 19 pandemic in India and will be utilized for aiding people affected by COVID - 19 and other pandemics that may occur in the future. The fund is different from PM National Relief Fund, which is utilized for aid to people affected by natural calamities like earthquakes, floods, etc. Donation to PM CARES Fund- Eligible Deduct..
Officers & staff of Ministry of Finance , Financial Institutions and Public Sector Banks/Enterprises Contributes Rs 430 crore towards PM CARES Fund to combat COVID-19 outbreak The Officers & staff of Ministry of Financeincluding the officials of financial institutions and Public Sector Banks/Enterprises under the Ministry have come forward to donate a day’s salary including under Corporate Social Responsibility (CSR) with anamount ofRs 430.13 crore to PM-CARES Fund for providing..