MCA Schemes for Relaxation to Companies/ LLPs during COVID 19
Various Schemes launched by MCA during COVID 19 pandemic for providing much required relaxation to Companies/ LLPs from certain compliance requirements/ deadlines.
MEFICAI Empanelment (MEF 2020-21): Final Bank Branch Auditors Panel for ICAI Members/ CA Firms
ICAI has prepared the Final Panel of CA Firms/ Members for Bank/ Branch Audit (Financial Year 2020-21), which will be sent to RBI on 09/02/2021.
MCA21 with upgraded Version 3.0 in FY 2021-22: MCA
MCA has announced that in FY 2021-22 MCA21 project will be upgraded and data analytics driven version 3.0 will be launched, which will be equipped with additional modules, like …
Budget 2021 emphasizes on reduced Regulatory Compliance
In Budget 2021 various measures have been proposed to reduce regulatory compliance burden for improving ease of doing business for industry/ living for citizens, by emphasizing on Simplification, Rationalization, …
Key Steps by Govt. to Boost Indian Exports
Govt. has taken various steps to increase exports, including in Budget 2021, like extension of FTP/ Interest Equalization Scheme by one year, introduction of RoDTEP/ Common Digital Platform for …
Startup India Seed Fund Scheme (SISFS): Benefits for Startups
Startup India Seed Fund Scheme (SISFS) approved by Govt. will be implemented for 4 years from FY 2021-22, as part of measures announced under Atmanirbhar Bharat Package beneficial for Startups.
Single Window Approval System for Industry in India planned
Govt. has planned to set up a Single Window System for approval/ clearance to set up Industry in the country. This will facilitate ease of doing business in India …
Booster Measures in Budget 2021 for Startups in India
Measures envisaged in the Budget for 2021-22 will further boost the Start-ups and Innovators in India, like Incentivizing incorporation of One Person Companies (OPCs), permission to convert OPCs into …
Enhanced Limit for FDI in Insurance Sector, a Booster for Economy
Increase in FDI limit (Insurance Sector) from 49% to 74% announced in Budget 2021 will have positive impact on the Indian Economy in view of the fact that global …
Relaxations for Small Companies via Revised Definition
Relaxations for Small Companies have been provided via revision of definition of small companies, like fewer board meetings, exemption from preparing cash flow statement, lesser filing fee and penalties, …