Community & General News


No separate application for PAN needed in MCA

   03 November 2017 at 10:45

As part of its continuous efforts for simplifying Incorporation related process for providing Ease of Doing Business to stakeholders, MCA will be dispensing with the requirement of separately uploading Forms 49 A& 49B after filing SPICe e-forms.A

Posted in Community & General |   3573 Views


Approval of framework for consolidation of Public Sector Banks

   02 November 2017 at 10:44

An Alternative Mechanism for consolidation of the Public Sector Banks (PSBs) has been constituted under the Chairmanship of the Union Minister of Finance and Corporate Affairs, Shri Arun Jaitley. The composition of the Alternative Mechanism will be a

Posted in Community & General |   2280 Views


Provident fund to carry interest of 7.8% says Govt

   25 October 2017 at 16:55

General Provident Fund (GPF) and other similar funds shall carry interest at the rate of 7.8% w.e.f. 1st October, 2017 to 31st December, 2017. The Government of India has announced that during the Financial Year 2017-18, accumulations at the credit o

Posted in Community & General |   3906 Views


MCA issues Notification and rules for Valuation by Registered Valuers

   23 October 2017 at 11:08

Ministry of Corporate Affairs issues Notification for commencement of Section 247 of the Companies Act, 2013 relating to Valuation by Registered Valuers ;. The Companies (Registered Valuers and Valuation) Rules, 2017, finalized after public consultat

Posted in Community & General |   3588 Views


Bank data reveals 5800 companies with 13140 suspicious accounts

   07 October 2017 at 10:50

Government of India receives vital information from 13 Banks regarding the bank account operations and post-demonetization transactions of some of the 2,09,032 suspicious companies that had been struck off the Register of Companies earlier this year;

Posted in Community & General |   3666 Views


Rates of Interest on Small Savings Schemes to remain unchanged

   02 October 2017 at 14:38

Rates of Interest on the various Small Savings Schemes for the Third Quarter of the Current Financial Year 2017-18 starting from 1st October, 2017 to remain unchanged. The Government of India has decided that the rates of interest on the various Smal

Posted in Community & General |   2409 Views


India's external debt stood at 471.9 billion dollars

   18 September 2017 at 10:51

Ministry of Finance releases India's 'External Debt: A Status Report 2016-17';India's External Debt stock stood at US$ 471.9 billion at end-March 2017, decreasing by US$ 13.1 billion (2.7 per cent) over the level at end-March 2016. The 23rdIssue

Posted in Community & General |   2952 Views


MOU between MCA and CBDT for automatic exchange of information

   15 September 2017 at 11:02

MOU between the Ministry of Corporate Affairs and Central Board of Direct Taxes (CBDT) for Automatic and Regular Exchange of Information Taking forward the initiative launched by the Government of India to curb the menace of shell companies, money la

Posted in Community & General |   3177 Views


Cabinet approves additional 1% DA to Central Govt employees

   13 September 2017 at 10:43

Cabinet approves release of additional 1% Dearness Allowance to Central Government employees and Dearness Relief to pensioners w.e.f. 01.07.2017 The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval for release of

Posted in Community & General |   3090 Views


Ministry of Finance tweets against CAs involved in illegal activities

   07 September 2017 at 10:46

Ministry of Finance tweets against CAs involved in illegal activities

Posted in Community & General  4 comments |   34461 Views



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