Applicability of Service Tax on commission payable to Non-Whole Time Directors of a company under section309(4) of the companies act,1956 Circular No 24/2012 Dated 9th August 2012
The data regarding companies which have not given dividend to their shareholders is not maintained in this Ministry. Further, there is no statutory compulsion on the companies under the Companies Act 1956 to declare and pay dividends to their shar
The ROC and Serious Fraud Investigation Office (SFIO) are not engaged in similar work. ROCs primarily work as Registrar/Regulators for administration of the various provisions of the Companies Act, 1956 and SFIO is responsible for investigation of
Eligibility of a paid assistant working with a firm of chartered accountants for the purpose of engagement of articled assistants - Amendment to the Regulation 43 of the Chartered Accountants Regulations, 1988 This is to inform all concerned tha
Initiatives Taken by the Government for Unearthing and Curbing Black Money: A Fact Sheet Initiatives taken by the Investigation Division of Central Board of Direct Taxes (CBDT) for unearthing black money :
The Ministry of Corporate Affairs has implemented MCA21 project- a major e-Governance Initiative covering all aspects of incorporation and regulation of companies as defined under the Companies Act, through its e-Governance portal namely www.mca.g
The Ministry of Corporate Affairs is working on the Multi- State Societies Registration Bill, 2012. The Ministry has constituted an Expert Group on 11-05-2011 to study the legislative and regulatory architecture of the Societies Registration Act
The Reserve Bank of India (RBI) has, revised its guideline on Priority Sector Lending (PSL) on 20.07.2012. The details of important changes in the activities included in the revised Priority Sector Lending guidelines are as under: •
Government has set up an Investment Tracking System Projects with an investment of Rs. 1000 crore and above. The purpose of this mechanism is to periodically monitor implementation of projects and identify systemic issues and attempt to have been
The Directorate of Enforcement has issued Show Cause Notice for alleged contravention of Foreign Exchange Management Act, 1999 (FEMA) and the cases of prima-facie, offence of money laundering registered under Prevention of Money Laundering Act, 20
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