RUN (Reserve Unique Name) is a new web based application launched by ministry of corporate affairs in order to simplify the company name approval process. The web service helps you verify whether the name you’ve chosen for your company is…
MCA has introduced a new form which replaces the existing SPICE Form which is known as SPICE+ Form. SPICe+ stands for Simplified Proforma for Incorporating Company electronically Plus. SPICe+ would offer 10 services by 3 central government ministries & departments…
Finance Minister Nirmala Sitharaman presented the Union Budget 2021-22 in Parliament on 1st Feb. 2021. Union Budget 2021 is completely paperless in the view of the ongoing COVID-19 pandemic. This will be the first time in independent India that the…
What is Authorised Capital? The authorised capital of a company is the maximum amount of share capital for which shares can be issued by a company. Authorised Capital might also be termed as a registered capital or nominal capital of the…
DIN is mandatory for all directors who hold the office of the director in any national, international, or multi-national company located in India. Director Identification Number (DIN) is a unique identification number for an existing director or a person intending…
Under the faceless Assessment, a central computer automatically selects one or more tax returns for scrutiny based on risk parameters and mismatches and then allots them randomly to a team of officers. CBDT had notified the National e-Assessment Centre (NeAC) for all communications with…
Shareholders and the Directors are an integral part that is responsible for the successful running of the company. Their relationship is a complex as both are mutually dependant on each other. Who is a Director? A director is someone who’s…
Most of the rent agreements are signed for 11 months, as signing it for 11 months can avoid stamp duty and other fees. What is a Rent Agreement? A Rent Agreement is a document which defines the legal relationship between a landlord…