MCA Circular: Managerial Remuneration Approval From Govt. Not Required Now !

In yet another step to simplify the procedures under the Company’s Act, 1956 and to promote the development of the corporate sector, an amendment has been made in Schedule XIII of the Companies Act, 1956. Schedule XIII lays down the conditions to be fulfilled for appointment of a managing or whole time director or a...

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DRI slaps HP(India) Rs 1,450 crore tax evasion notice

It is widely reported in media that hardware giant- Hewlette Packard (India) division has been charged by Department of Revenue Intelligence , Bengluru  of undervaluing its components . The HP(India)  is also charged for  raising duplicate invoices, primarily one for customers and another for its internal official accounts. The DRI charges relates to its entire [...]