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An Aadhaar card is a centralised and universal identifying number that is issued to every citizen of India. The Aadhar card is a biometric document that maintains an individual's information in a government database, and it is quickly becoming the government's primary source of information for public welfare and citizen…

Hey are you worried about compliances or you want to gain some valuable knowledge about, what are compliances under Companies Act, 2013? In this article we’ll majorly discuss about, Event based compliances as per Companies Act, 2013. So basically, the capacity to comply with commands, rules, or demands is referred…

The Board's report is a message from the company's Board of Directors to its shareholders. The Board of Directors generally communicates about the company's financial performance throughout the reporting period, as well as the influence of economic policies on the company and industry. In general, the directors convey their viewpoint…

Corporate Social responsibility (hereinafter referred as ‘CSR’) is an initiative laid down mandatory for every company that falls under the provisions prescribed by Indian law. This article discusses about the Corporate Social Responsibility (CSR) in India and mandatory requirements of CSR for companies. It gives a detailed analysis of how…

Companies and LLPs in India must comply with the yearly filing requirements stipulated in the Companies Act, 2013 and the Limited Liability Partnership Act, 2008. Filing with the ROC should be done once a year or when certain events occur. The Ministry of Corporate Affairs released a series of notifications…

When you wish to create a financial business across India without RBI clearance and capital restrictions, registration of microfinance companies under section 8 is the best alternative. Section 8 microfinance companies can be established with microfinance aims for social purposes in order to assist impoverished people in reducing poverty. Under…

Nowadays, a lot many companies are getting incorporated quite successfully with different objectives in the form of public, private, or any other thing as per the provisions of the Companies Act, 2013. After the incorporation of the company, certain compliances have to be done by the company like conducting the…

There are a lot of new-age companies that are not performing up to the mark in the market. They have no track record of having an operating profit in most of their years of working, yet routing towards IPO to raise funds. However, the Securities and Exchange Board of India…

Companies and LLPs operating throughout India are required to follow the yearly filing requirements outlined in the Companies Act, 2013 and the Limited Liability Partnership Act, 2008. Filing with the ROC should be done on an annual basis or when specific occurrences occur. In the early months of the new calendar year,…

When a taxpayer constructs a Challan, the amounts to be contributed to each Minor Head inside each Major Head are chosen by the taxpayer. The Electronic Cash Ledger is updated with the money under the Major and Minor Heads as per the Challan after the payment is received successfully and…