Govt sets up 10-member panel to review penal provisions under companies law
India | July 15, 2018 12:59 ISTThe high-level panel, chaired by Corporate Affairs Secretary Injeti Srinivas, would submit its report in 30 days to the government.
The high-level panel, chaired by Corporate Affairs Secretary Injeti Srinivas, would submit its report in 30 days to the government.
The GST Council, chaired by Union Finance Minister Arun Jaitley and comprising his state counterparts, had last week lowered tax rates on over 200 items.
Cash deposits worth over Rs 17,000 crore were made and later withdrawn post demonetisation by as many as 35,000 companies, which are now deregistered.
The government is said to be planning to invoke Section 447 of the Companies Act which provides for imprisonment of up to 10 years and penalty that could extend to three times the amount of fraud involved.
Names of prominent political and business leaders feature on the list of disqualified directors made public by the government
About the directors and signatories of the over 2.09 lakh firms, the government said they would not be able to operate bank accounts of such companies till these entities are legally restored
The government, with its anti-profiteering rules under the GST regime, does not intend to use the “hammer” immediately to pull down prices, leaving it to market forces to guide companies to pass on the benefits of GST to consumers
The revelation possibly provides for its most significant mainstreaming – one that could well spring up new business opportunities while ensuring the protection as well as upkeep of cows
The government will soon make quoting of Aadhaar number compulsory for key managerial personnel and directors in regulatory filings under the Companies Act.
Amid the government’s crackdown on shell companies, around four lakh of the total 11 lakh active Indian companies are likely to face deregistration for failing to file their returns for three financial years.
Weeks after Prime Minister Narendra Modi ordered a crackdown on shell companies used to launder money, the Enforcement Directorate on Saturday carried out raids at over 100 locations targeting 500 shell companies across 17 states in the country.
In a major crackdown on domestic shell companies, the government today decided to take "harsh punitive" action, including freezing of their bank accounts used to launder money or evade taxes. Following a review by the
Buoyed by the positive response from over 1,000 companies that are currently using Workplace (formerly known as Facebook at Work), the company has announced to make the app available to all. This means you can
As India celebrated Army’s surgical strikes on terrorist camps in Pakistan Occupied Kashmir (POK), companies like Mobiwiki, Burger Singh today announced special offers and discounts for their customers. Mobikwik, an online mobile recharge platform, o
Twi-thirds of the Nifty companies reported a total of 525 cases of sexual harassment in the year ended March 2016, registering a steep rise of 26 per cent compared to the previous year.
India's first ever female silver medallist PV Sindhu has been given a hero’s welcome on her return home, besides huge doles of cash and other rewards. With the Olympic medal have given a major boost
New Delhi: Vedanta Limited, India’s premier diversified natural resources company, has signed two memoranda of understanding (MoUs) with South African companies for supply of equipment, and transfer of technology in order to enhance productivity and
Hong Kong/ London: India has the most transparent companies while Chinese firms are the most opaque, a Transparency International survey report released on Monday has found. The survey by the Berlin-based watchdog evaluates efforts by
New Delhi:A total of 1,375 BSE-listed and 191 NSE-listed companies have been fined for failing to appoint women directors on their boards. Out of these, two are public sector banks and 22 other public sector
Government is working on a proposal to make PAN a unique identity for business entities with a view to improving ease of doing business and ensuring a company is incorporated in a day using an integrated e-biz portal.
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