Returns Filing Schedule for NBFC Get Major Change

Reserve Bank of India has changed the schedule for filing the returns by Non Banking Financial Companies ( NBFC ) who areĀ  required to...

Delhi High Court : Service Tax on Renting of Property Valid !

Service tax on rent of immovable property now get seal of approval from Delhi High Court. Hundreds of lawyers including Sri Harish Salve and...

Service tax return compulsorily to be filed electronically from 01/10/2011 !

Rule 7 of Service Tax Rules 1994 prescribe for rules regarding filing of return for every six months. It has a proviso which makes...

Companies Bill 2011 to empower small shareholders to nominate Director

Ministry of corporate affairs is working on a provision where in small shareholders will be able to elect a director on the board of...

Class Action Suit Under New Companies Bill 2011 Possible !

Well shareholders of a company are going to have a collective tool against misdeed of the companies , it seems under new Companies Bill...

25% Additional Fee Will Save You From Prosecution ! MCA Initiates Settlement Scheme...

One after another efforts by government of India to provide opportunities to erring companies to abide by law. Why is there any penal provisions...

1,55,939 Defunct Companies Identified by MCA

The Minister of State in the Ministry of Corporate Affairs Shri R.P.N. Singh today informed the Lok Sabha that whether Government has enumerated or...

XBRL Filing date extended to 30/11/2011 !

A sigh of relief for the companies who are required to file their Balance sheet and Profit and Loss account in XBRL mode as...

Incorporate Company in India within 24 Hours From 11th August 2011

Can you imagine a company being incorporated in 24 hours? The Ministry of Corporate Affairs is taking every step to simplify the procedures and...

Online approval procedure for sanction contracts U/S 297 announced !

In yet another step to simplify the procedural steps to be taken by a corporate for various approvals, the Ministry of Corporate Affairs has...