Don't Worry , Be Happy !
Ministry of corporate affairs has introduced new form 18 which is for location of registered office and new application for allotment of Director’s Identification Number (DIN). Apart from that, MCA has also made certain changes in DIN 4 which is for intimation for change in particulars of Directors of company. New DIN-1 Form COMPANIES DIRECTORS [...]
Ministry of Corporate Affairs (MCA) has extended the date for fling Annual Return by LLP to 31st July 2012 . In other words , the time limit of 60 days shall be read as 122 days for filing of Form 11 by LLPs in respect of the Financial Year ending on 31.03.2012 Previously , MCA [...]
RBI has issued CIRCULAR DNBS.CC.PD.NO. 250/03.10.01/2011-12, DATED 2-12-2011 by which it is stated that a new category of Non Banking Financial Company for Micro Finance sector is created.Thus, a separate category of NBFCs viz; Non Banking Financial Company-Micro Finance Institution (NBFC-MFI) is created. Now the 8 types of NBFC are i. Asset Finance Company (AFC)...
Ministry of corporate affairs is working on a provision where in small shareholders will be able to elect a director on the board of listed companies. Though a provision of a similar kind exits in the Companies Act 1956, which allows a group of 1,000 or more small shareholders to appoint their nominee on the...
A sigh of relief for the companies who are required to file their Balance sheet and Profit and Loss account in XBRL mode as the Ministry of Corporate Affairs vide its general circular No. 57/2011 dated 28/7/2011 has extended the due date of filing without any additional fees up to 30-11-2011 or within 60 days...
Disability deduction u/s. 80DD of the I.T Act for expenses on maintenance ,nursing or medical … [Read More...]
Capital gains exemption u/s 54 provides relief to a tax payer who gets gains on account of sale of … [Read More...]
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