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Every corporate entity has to file returns as per the corporate ministry of India and has to follow proper company law. Get a detailed guide on Company law rules and regulations with news & articles.
This portal consists of various articles about the company laws, rules, regulations, and guidelines generated by the ministry of corporate affairs MCA. the information regarding the registration of the companies, permission about running the company, or a product of the company and the due dates of furnishing Forms regarding the company law will be notified in the articles.
This portal is majorly important for those who are involved in the businesses and runs the company. Also, the portal has articles that signify the latest official updates by the ministry of corporate law of MCA.
These articles are written by the CA and tax professional so that no mistakes will be there in the articles. Also, MCA articles are the most searched articles on Google, and therefore for the sake of the people, all the articles are accumulated on the portal of SAG infotech.
The blog specifies the major aspects of LLP audits more efficiently and furnishes the answers to common questions. It is important for professionals and entrepreneurs to understand the audit needs of a Limited Liability Partnership (LLP) to ensure compliance with the law. LLPs are separate lawful entities directed to distinct compliance norms, auditing, and taxation. […]
The Companies (Accounts) Rules, 2014 has been revised by the Ministry of Corporate Affairs (MCA) via the Companies (Accounts) Amendment Rules, 2024. Such revisions obligate that for the FY 2023-2024, Form CSR-2 is to be filed separately by companies on or before December 31, 2024. The filing of Form CSR-2 is to pursue the submission […]
According to a government official, in the next three months, the Ministry of Corporate Affairs (MCA) is set to strike off up to 400 Chinese companies across 17 states due to incorporation and financial frauds. Presently, over 700 Chinese companies are under MCA investigation. Prolonged Investigations and Company Termination Process As per the officials, the […]
On July 23, the Union Budget for 2024-25 was addressed in the Lok Sabha by Finance Minister Nirmala Sitharaman. Here are major announcements for the assistance of MSMEs for the promotion of MSMEs. This budget furnishes special watches to Micro, Small, and Medium Enterprise (MSME) and manufacturing, particularly labour-intensive manufacturing. The Finance Minister has developed […]
Micro, Small, and Medium Enterprises (MSMEs) in recent years have attained significant importance in driving economic growth and development. Such businesses secures an important role in creating jobs, fostering innovation, and contributing to the overall Gross Domestic Product (GDP) of a country. The MSMEs importance is been discussed in this blog and also why they […]
The Centre wishes to reconsider the 45-day payment rule for micro, small, and medium enterprises if the industry wants it, Finance Minister Nirmala Sitharaman cited. The Finance Minister cited that when MSMEs need an extended payment duration then they could provide the representations for the acknowledgement in the forthcoming budget in July. The minister in […]
The Supreme Court has denied looking into the petition that the Micro and Small Enterprises (MSEs) submitted contesting a 45-day payment rule stated in Section 43B(h) of the Income Tax Act. SC replying to the petition recommended the MSEs ask for recourse via the HC when they want to pursue any relief pertinent to the […]
U/s 134(4) of the Companies Act following an investigation and proceedings, a verdict has been reached against an audit firm and its key personnel. After due process, the Audit Firm M/s Dhiraj & Dheeraj, along with CA Piyush Patni (EP) and CA Pawan Kumar Gupta (EQCR), have been found guilty of professional misconduct. The verdict […]
The government of India in a measure to support the financial health of micro, small, and medium enterprises (MSMEs) in India, announced the enactment of a strict rule requiring payments to MSMEs to be settled within 45 days. Tax penalties on the due amount shall be levied if companies fail to follow the said rule. […]