Transparency has been one of the main objectives of the MCA in pursuit of making compliances easier, efficient and time bound. It is essential for the Government , regulators and stakeholders to have adequate information about the people who...
Read MoreDirectors Report Shareholders being the owners of the company , have the right to know about its performance , stability, efficiency etc. Directors through directors report helps the shareholders to understand how the company & its management fared...
Read MoreAs per statistics , around 7,500 One Person Company (OPC) have been incorporated in the last 12 months. The number of OPCs is expected to increase as our Finance Minister through the recent amendment eased the restrictions imposed on...
Read MoreIBC AMENDMENT (ORDINANCE) : The Government with a view to address the issues faced by the MSMEs on insolvency resolution has come up with a pre-package insolvency resolution process for them. Click on the title to know more
Read MoreSEBI PRESS RELEASE DATED 25TH MARCH,2021. SEBI lately has introduced a few revamps in some key policies and regulations. It has brought several amendments in key regulations like SEBI (LODR) Regulations,2015 ,SEBI (Alternative Investment Funds) Regulations,2012 , SEBI (Delisting...
Read MoreICSI Auditing Standards- The ICSI Auditing Standards are going to be applicable from 1st April ,2021. Click on the title to know what should the Auditor bear in mind while undertaking the audit assignment
Read MoreMCA UPDATES MCA issued an array of notifications to broaden the scope of audit and disclosure of financials for greater transparency. Click on the title to know more
Read MoreThe Foreign Exchange Management Act, 1999 (FEMA) is an Act of the Parliament of India “to consolidate and amend the law relating to foreign exchange with the objective of facilitating external trade and payments and for promoting the orderly...
Read MoreAnnual Return on Foreign Liabilities and Assets (FLA return) under FEMA 1999 (Portal for submitting FLA : https://flair.rbi.org.in) Purpose The annual return on Foreign Liabilities and Assets (FLA) is required to be submitted directly by all the...
Read MoreFC-TRS stands for (Form Foreign Currency-Transfer of Shares) Form. This form is filed in case of transfer of shares or convertible debentures of an Indian Corporation from a resident to a Non-Resident/Non-Resident Indian and vice versa by means of...
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