Ministry of corporate affairs improve the process of Run and provide greater Ease to Stakeholders, and it has been decided to permit (w.e.f 24.03.2018) 2 proposed names and 1 Resubmission, while Reserving Unique Names for incorporating companies through the RUN service.

by VMKPros
22 March 2024

SC: Lifts corporate veil of Multinational Accounting Firms, raps ICAI for inaction

by VMKPros
22 March 2024

SC, in a detailed 75 pages judgment, lifts corporate veil of Multinational Accounting Firms (MAFs), holds that MAFs violate CA Act, orders further investigation by Enforcement Directorate & examination by ICAI, to probe violation of… *SC: Lifts corporate veil of Multinational Accounting Firms, raps ICAI for inaction*

Companies (Amendment) Act, 2017 has received assent of the President and the same has been published in the Official Gazette on 3rd January, 2018. The amendments shall come into force from the date notified by the MCA.

by VMKPros
22 March 2024

Lok Sabha approved a bill to hike cess on luxury vehicles from 15 per cent to 25 per cent with a view to enhance funds to compensate states for revenue loss following the rollout of GST.

by VMKPros
22 March 2024

142 LISTED COMPANIES FINED FOR NON-APPOINTMENT OF WOMEN DIRECTOR

by VMKPros
22 March 2024

As required U/s 149 of Companies Act, 2013.

GST: Unregistered persons with turnover up to 20 lacs (10 lacs for specified states) can make Inter-state supplies of SERVICES ONLY (Not Goods).

by VMKPros
22 March 2024

Issues are being faced with respect to payments through Union Bank of India (UBI) Credit Card gateway and teams are working on resolving the same. In the meantime, Stakeholders are advised not to choose UBI Payment Gateway for making the payment through Card. Stakeholders can, however, choose any of the other payment options available.

by VMKPros
22 March 2024

Issues are being faced with respect to payments through Union Bank of India (UBI) Credit Card gateway and teams are working on resolving the same. In the meantime, Stakeholders are advised not to choose UBI Payment Gateway for making the payment through Card. Stakeholders can, however, choose any of the other payment options available.

by VMKPros
22 March 2024

Yesterday Government Constituted a Task Force for Drafting a New Direct Tax Law as Income tax act 1961 was drafted more than 50 Years ago.

by VMKPros
22 March 2024

Happy to Inform Our Guru Sh Girish Ahuja sir is part of the task force.

Legal phrases used in Laws –

by VMKPros
22 March 2024

Useful for Law Practitioner: 1 Suo moto: own motion 2 Deeming fiction cannot be stretched beyonyd the purpose for which it is created 3 The words used in Law are not used for nothing 4… Legal phrases used in Laws –

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