New rate of administrative charges payable by the employer under Employees’ Provident Funds Scheme, 1952 and Employees Deposit-Linked Insurance Scheme, 1976 are notified by Ministry of Labour and Employment through Notification No. S.O. 827(E) and S.O. 828(E) dated 15.03.2017 in supersession of the notification no. S.O. 323(E) and S.O. 324(E) dated the 2nd February, 2015. […]
Read More →Now, your debtor can’t mess up with you , thanks to The Insolvency And Bankruptcy Code,2016 With the amendment in the Companies Act 2013 the provision for winding up of the company for the reasons due to unable to pay the debt has been omitted. Now, if their case is genuine, the only remedy available […]
Read More →India is a developing country and it is focusing on strengthening the corporate sector. People of India are contributing to the development of corporate sector. Not only men but also women are contributing towards the development of Indian economy. Women are no longer limited to household chores; they are serving corporates, institutions, organizations and every […]
Read More →Fast Track Exit (FTE) is one of the quick ways to shut down a company, when it is non-operational over a period of time. It gives an option to Defunct Companies to get their names struck off from the Register of Companies. In its place, under the Companies Act, 2013 has brought in a process […]
Read More →The Law and Judiciary Department, Government of Maharashtra vide its notification published in the Maharashtra Government Gazette on 5 January 2017 has made significant amendments in Contract Labour (Regulation and Abolition) Act for the state of Maharashtra. Now the said act will be applicable: To every establishment in which 50 (fifty) or more workmen are […]
Read More →The Contract Labour (Regulation and Abolition) Act, 1970 is a Central Act. However mostly all States are having their own rules. Likewise Delhi is also having its own rules namely Delhi Contract Labour (Regulation and Abolition) Rules, 1970. In the said act there are two types of approvals, one is on the part of contractor, […]
Read More →As we know that every dealer is required to get himself registered under DVAT, if his turnover exceeds taxable quantum i.e. Rs. 20 lakh in current year; or to pay tax, or is registered or required to be registered under Central Sales Tax Act, 1956. Department has been focusing on “Easy of Doing Business” and […]
Read More →List of matters which are to be passed only at a duly convened Board Meeting and not by Circulation To issue securities, including debentures, whether in or outside India To make political contributions to authorise buyback of securities under section 68; Allotment of shares and debentures To borrow monies; Appointment of a Managing Director […]
Read More →Insolvency and Bankruptcy Board of India (Insolvency Professionals) Regulations, 2016 The Insolvency and Bankruptcy Board of India has issued the Notification on Insolvency and Bankruptcy Board of India. These Regulations shall come into force on 29th November, 2016. The purpose of the Act is to build up a strong legal system related to the Bankruptcy […]
Read More →Employers liable to pay contribution under provisions of Employees Provident Fund & Miscellaneous Provisions Act, 1952 shall within fifteen days of the close of every month must pay the contribution to the fund through internet banking of the State Bank of India or any other Nationalised Bank authorized for collection on account of contributions and […]
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