Once the company is incorporated,thereare initial compliancesthat are applicable to the company and some of these compliances are specified below: FIRST BOARD MEETING WITHIN 30 DAYS FROM THE DATE OF INCORPORATION The Company has to conduct its first Board Meeting within 30 days of incorporation in accordance with the provision of the Companies Act, 2013….
In the wake of COVID-19 the Ministry of Corporate Affairs has pursuant to a circular dated 08th April 2020 allowed conducting of Extra-Ordinary General Meetings through Video Conferencing or other Audio-Visual means earlier not allowed in the companies. The Companies can use the framework provided in the circular to conduct Extra-Ordinary General meetings on or…
In the wake of COVID-19, the Ministry of Corporate Affairs has pursuant to circular dated 08th April 2020 allowed conducting of Extraordinary General Meetings through Video Conferencing or other Audio-Visual means earlier not allowed in the companies. The Companies can use the framework provided in the circular to conduct Extra-Ordinary General Meeting on or before…
As per Section 149 (1) read Rule 3 of Companies (Appointment and Qualification of Directors) Rules, 2014 below mentioned are the companies which must have at least one director as women director: – All Listed Companies All Public companies having Paid-up share capital of Rs. 100 crore or more or with a turnover of Rs….
Section 150 of the Companies Act, 2013 has provided for the maintenance of Databank of Independent Directors and for the selection of Independent Directors. The Ministry of Corporate Affairs has thusvid its notification dated 22nd October 2019 set forth Companies (Creation and Maintenance of databank of Independent Directors) Rules, 2019 as substituted on 01st December…
The Ministry of Corporate Affairs has vide its notification dated 19th March 2020 ameliorated the Companies (Meetings of Board and its Powers) Rules, 2014. The Rules are hereby called as Companies (Meetings of Board and its Powers) Amendment Rules, 2020.In addition to the existing amendment the Ministry of corporate affairs has again amended the Rule…
The small company concept was introduced by the government to provide various benefits to the people of India, the small company will not specifically be registered with a specific name but will be registered under a private company with a smaller amount of investment and turnover. In this blog, we will have an overview of…
Taxability on salary paid to ex-pat has always been a matter of dispute in service tax, as taxation authorities wanted to consider this transaction as supply and levy tax on the same. On the other hand, assesses did not want to discharge any tax liability on it as they believed the service provided to the…
Every taxpayer making payment of taxes to the Government on their purchases is knocked off while making the outward supply. A taxpayer must bear the tax liability on the value addition made by him, at each stage. But sometimes supply is made to some special persons for authorized operations only, which is considered as Zero-rated…
You have probably wondered the same thing as your competitors: Should you do in-house hire or recruitment process outsourcing (RPO)? But, before we get to that, let us discuss what exactly RPO is and how it works. Recruitment Process Outsourcing- it is a model by which an employer or a company transfers all or a…
