There are 10,98,780 number of active Private Limited Companies registered till 31.12.2019 which are eligible/due to file Financial Statement(FS) for the year ended 31.03.2020.
The Ministry of Corporate Affairs has notified 5th March as the date on which certain provisions of the Companies Act shall come into force.
The Ministry of Corporate Affairs has further amended the Companies (Incorporation) Rules, 2014 and have released the Companies (Incorporation) Third Amendment Rules, 2021.
The Ministry of Corporate Affairs has further amended the Companies (Management and Administration) Rules, 2014 and have released the Companies (Management and Administration) Amendment Rules, 2021.
EPFO has extended its provident fund, pension and insurance benefits to all employees of existing establishments covered under the erstwhile JK PF Act as well as the employees of newly covered establishments.
The Central Board recommended 8.50% annual rate of interest to be credited on EPF accumulations in members' accounts for the financial year 2020-21.
The Cost Auditing and Assurance Standards Board (CAASB), the standard-setting body of the Institute, in its 39th meeting finalised the Exposure Draft of Standard on Quality Control (ED SQC) and approved its release seeking views of all stakeholders.
MCA has issued an announcement regarding the planning of extension of a few of the provisions of the Companies Act, 2013 with some modifications and adaptations, to the LLP Act, 2008 vide its power drawn from Section 67(1) of the LLP Act, 2008.
MCA is pleased to invite research proposals under the scheme "Funding Research and Studies, Workshops and Conferences etc." The proposals can be submitted latest by 5th March 2021.
Investors are advised to verify the antecedents / status of a Nidhi Company especially their declaration of their status as Nidhi Company by the Central Government before becoming its member and investing their hard earned money in such companies.
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