The new filing system, developed by L&T Infotech, is now undergoing field trials.
2 min read17 Dec 2021The pact will facilitate sharing of specific information relating to suspicious transactions, know your customer related details and consolidated financial statements of companies registered in the country
1 min read15 Dec 2021Decriminalisation of various offences and a provision to permit direct overseas listing of Indian corporates are part of the legislationThere will be changes by way of 65 clauses, including amendments to 61 sections of the Companies Act, 2013
1 min read29 Sep 2020To identify non-compliant corporate entities, the government is planning to use data analytics and artificial intelligence for corporate profiling, behaviour analysis as well as fraud analysis and alerts, MoS for Corporate Affairs Anurag Singh Thakur said
1 min read20 Sep 2020MCA Secretary appreciated the efforts of the committee in proposing such a robust reporting framework and said that MCA will work closely with SEBI for its implementation
1 min read11 Aug 2020The corporate affairs ministry is finalizing the plan under the IBC, and it is expected to be notified soon
1 min read13 Jul 2020Companies now get more time to meet deposit, debenture normsMCA has in the last few months taken steps that will reduce compliance burden for businesses
2 min read21 Jun 2020Companies Act mandates that businesses have to report creation of a charge on their assets within 30 days or with additional fees, within 300 days
1 min read18 Jun 2020Items deemed unavoidable by the board can be considered in the virtual AGMsMCA has allowed companies to send financial statements, board, auditor report through email
2 min read6 May 2020The clarifications from Ministry of Corporate Affairs will ensure that companies facilitate registration of email addresses of their shareholders
1 min read13 Apr 2020The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared