All latest News and updates regarding Accounting, Compliance and Legal
Various company compliances related to company’s and LLP’s secretaries such as adding a director, change of authorized capital, DIR 3 KYC, etc.
The procedure of issuing shares of both private limited companies and public limited companies is different. A public limited company can issue shares to the general public whereas a private limited company can issue to persons and entities comprising of friends, relatives, business partners, etc. As per the Companies Act, 2013, private limited companies are […]
What is FLA Return? The term FLA stands for Foreign Liabilities and Assets. It’s a return to be submitted by all the Indian companies that have received FDI during a financial year. The return also has to be filled in case the company has made an investment in a foreign company known as Overseas Direct […]
ESOPs stands for Employee Stock Option Plan. Issuing of ESOPs helps in attracting and retaining top talent. Nowadays, companies and startups have found ESOPs to be an attractive means of joining a company. ESOPs act as an insentive for employees, especially if the company can’t afford very high compensation packages immediately but they also encourage […]
Companies have a lot of operations, and those operations can’t be performed without a director. The director’s work starts from the incorporation process and continues as long as the company goes. In this article, I’ll cover all the details of being a director. Definition of Directors: The directors are referred to as the persons […]
Due to various reasons, many companies across the world wind up their business, at the time of closure they need to follow certain rules and regulations defined by the government, one of the important processes that they need to go through while closing a company is Liquidation of the company. What is Liquidation? When a […]
DIN stands for Directors Identification Number is a unique identification number given to a person who wants to become a director or partner in a company/LLP or is an existing director/partner in a company/LLP. From the financial year 2019-20 onwards the Ministry of Corporate Affairs (MCA) has made it mandatory for all the DIN holders […]
It is critical for any firm, regardless of form, to adhere to statutory compliance and submit all essential files by the due dates. With massive compliance dropping in the year for businesses and entrepreneurs, it is critical to be compliant. Here is a compliance calendar for the month of September 2021. To assist stakeholders and […]
The third wave of covid has already begun in India, and it may be worse than the previous two waves. However, it is critical for firms to maintain compliance with numerous regulations. Here is the entire August 2021 compliance calendar. The entire compliance calendar for the month of August 2021, will serve as a […]
We all hear the 3rd wave of covid is already started in India, and this could be worse than the first 2 waves. However, it is important for businesses to stay compliant with various compliances. Here is the complete compliance calendar for the month of July 2021. The total compliance calendar for the month of […]
Ministry of Finance in a recent circular no-12 dated 25th June 2021 gave the extension of time limits of certain compliances to provide relief to taxpayers in view of the ongoing pandemic: Below are the due dates of compliances extended: The TDS return for the last quarter of the FY 2020-21 is further extended to […]
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