The Finance Minister in the Budget Speech 2016-17 had announced that a comprehensive central legislation would be brought in to deal with the menace of illicit deposit taking schemes, as in the recent past, there have been rising instances of people in various parts of the country being defrauded by illicit deposit taking schemes. The …
Ministry of Corporate Affairs issued a Notification on 21st February, 2019 to amend the Companies (Incorporation) Amendment Rules, 2014 through which it incorporated a new rule after rule 25 named as “25A. Active Company Tagging Identities and Verification (ACTIVE). MAIN CONTENT OF NOTIFICATION:‐According to aforesaid newly incorporated rule 25A of Companies (Incorporation) Amendment Rules, 2014 …
Registration Process The SME (Small and Medium Scale Enterprises) owner needs to fill a one-page form(UDHYOG ADHAAR MEMORANDUM) that he can do either online or offline. For online registration, the applicant should visit the official website: www.msme.gov.in In this form, the MSME has to self-certify its existence, details of the business activity, bank account, ownership …
Finance Minister Piyush Goyal, who was appointed on January 23rd, presented the much awaited Interim budget on February 1, 2019. It is the last budget of the Modi Government before the 2019 Lok Sabha elections. Following are the key highlights of the interim Budget 2019-20 presented by Finance Minister Piyush Goyal in the Lok Sabha …