MCA UPDATE
Companies (Significant Beneficial Ownership) Rules, 2018: Every Individual holding 10% or more beneficial interest in the share capital of the company shall file a declaration in Form No. BEN-1 to the company within 90 days… MCA UPDATE
CBDT clarifies that the Rumors Spreading Across in Social Media regarding Extension in Due Date for Non-Tax Audit Cases is fake. The Income Tax Dept further clarified that there are no such plans to extend this deadline beyond 31st July, 2018.
2. The GST Council decided to reduce the biggest niggle for businesses by allowing Quarterly Filing of returns by those with Annual Turnover of up to Rs 5 crore, a move that will benefit nearly… CBDT clarifies that the Rumors Spreading Across in Social Media regarding Extension in Due Date for Non-Tax Audit Cases is fake. The Income Tax Dept further clarified that there are no such plans to extend this deadline beyond 31st July, 2018.
GST Updates:
1. Quarterly Returns approved for taxpayers with turnover less than Rs 5cr (tax payments to continue on monthly basis) 2. Sanitary Napkins exempted from GST going forward 3. No decision on 1% sugar cess 4.… GST Updates:
GST Rates Revised:
HINDUSTANTIMES.COM GST slashed on more than 50 items, top rate slab pruned Sanitary napkins that were taxed at 12% earlier, has been put under t
Applicability of CARO- Check before Report finalization:
All Companies except: 1. Banking Companies. 2. Insurance Companies. 3. NPO Companies (Section 8 Company). 4. One Person Company. 5. Small Company (Paid Up Capital upto INR 50 lakhs AND Turnover upto INR 200 lakhs).… Applicability of CARO- Check before Report finalization:
The Ministry of Corporate Affaires has constituted a ten member committee to review the offences under the Indian Companies Act 2013.
http://pib.nic.in/newsite/PrintRelease.aspx?relid=180590 PIB.NIC.IN MCA has constituted a 10-Member Committee to review the offences under the Companies Act, 2013