Section 8 companies are non-governmental organizations that are established to promote various activities such as sports, commerce, charitable works, science, art, and more.
Micro, small and medium enterprises, more popularly known as MSME, are an important sector globally and is considered as an engine of economic growth, promoting equitable development for all. To have more understanding about MSME, first let us understand its classification.
Government under the Ministry of MSME has introduced the "MSME Samadhaan-Delayed Payment Monitoring System" Scheme, which aims to resolve disputes related to delayed payments by launching an online platform called the MSME Delayed Payment Portal regulated by Micro Small Enterprises Facilitation Council (MSEFC).
SEBI has introduced 'Legal Entity Identifier' (LEI) system for issuers who have listed or proposed to list non-convertible securities (NCS), securitised debt instruments and security receipts.
SEBI through its circular dated 3rd May, 2023 has made Legal Entity Identifier (LEI) code mandatory for issuer who have listed and/ or propose to list non-convertible securities, securitised debt instruments and security receipts.
The Central Government had launched Employees' Provident Fund (EPF) which is a retirement benefit scheme maintained by the Employees' Provident Fund Org..
The EPFO has replaced the old rule for higher EPS pension contribution, which required an additional 1.16% of salary above the wage ceiling, with a new methodology.
As you are aware that the maxim 'ignorantia juris non-excusat,' or 'ignorance of the law is no excuse,' implies that the Court presumes that eve..
As you are aware that Insurance is a promise made by an insurance company to the insured to indemnify him from financial loss on occurrence of insured risk/s. An Insurance Policy is a contract between insured and the insurance company and based on the principle of good faith.
India has long been known as a hub for business and entrepreneurship, with a thriving startup ecosystem and a rapidly growing economy. However, in recent years, there has been a growing trend of retail traders entering the market and having a significant impact on the Indian business landscape.
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India