Companies (Prospectus and Allotment of Securities) Amendment Rules, 2022

Companies (Prospectus and Allotment of Securities) Amendment Rules, 2022 The Ministry of Corporate Affairs (MCA) vide notification dated 5th May 2022 has issued the Companies (Prospectus and Allotment of Securities) Amendment Rules, 2022 to further amend the Companies (Prospectus and…

Nidhi (Amendment) Rules, 2022

Nidhi (Amendment) Rules, 2022 The Ministry of Corporate Affairs, vide notification dated 19th April 2022, amended the Nidhi Rules, 2014. Notably, the Nidhi (Amendment) Rules, 2022 make prior declaration from the Central Government mandatory, before accepting the deposits for public…

Employee Payroll Management Process

Employee Payroll Management Process¬†¬† Payroll is an important document that organizations and businesses use to manage their employees on a daily basis. It is a document that contains a list of all of a company's employees who are paid for…

Companies (Registration Offices and Fees) Amendment Rules, 2022

Companies (Registration Offices and Fees) Amendment Rules, 2022 Recently, vide notification dated 11th January 2022, the Ministry of Corporate Affairs notified the Companies (Registration Offices and Fees) Amendment Rules, 2022. It is important to note that the amendment rules are…

Digitally Sign Documents: Benefits, Requirement, and How to use?

Digitally Sign Documents; Benefits, Requirement, and How to use? Digital Signature Certificate is issued by the certifying authorities for validating and certifying the identity for validating and certifying the identity of the person. The DSC establishes the digital identity of…

Difference between One Person Company and Sole Proprietorship

Difference between One Person Company and Sole Proprietorship One Person Company and Sole Proprietorship do sound similar but function separately. So if you are opening a business and are confused with which firm to go for here is a complete…

Sole Proprietorship to a Private Limited Company Conversion

Convert a Sole Proprietorship to a Private Limited Company Sole Proprietorship is a business entity that is wholly owned and controlled by an individual, individuals who want to start a business can register Sole proprietorship. As the business grows it…

MCA Relaxes Additional Fees for Annual Financial Statement and Annual Return Filings

MCA Relaxes Additional Fees for Annual Financial Statement and Annual Return Filings Keeping because of various requests received from stakeholders, the Ministry of Corporate Affairs has decided to grant additional time Upto 31st December 2021 for companies to file an…

Definition of a Small Company

Definition of a Small Company¬† The Finance Minister of India proposed revision of the definition of a small company, as covered under section 2(85) of the Companies Act, 2013 while presenting the Union Budget 2021. The basic purpose behind the…

Equity shares and Tax planning

Equity shares and Tax planning Traditionally people used to invest in FDs, Post offices, Bonds, etc but due to the increasing inflation and decreased interest rates people are now turning towards Equity shares and Equity Oriented funds. According to the…