Compliance chart for the Companies regarding ROC filing

Every year, Company has to file multiple forms with Ministry to comply with the mandatory statutory requirements as specified under the Act. The Compliance chart for the companies regarding ROC filing below provides a brief view of the Forms along […]

Cabinet Committee on Economic Affairs (CCEA)

Cabinet Committee on Economic Affairs (CCEA) approves Upward revision of MSME definition and modalities/ road map for implementing remaining two Packages for MSMEs (a)Rs 20000 crore package for Distressed MSMEs and (b) Rs 50,000 crore equity infusion through Fund of […]

New ITR Forms

New disclosures in the new ITR Forms 1 to 7

The Income-tax (IT) department on Sunday said in a tweet that CBDT notified ITR forms 1 to 7 for AY 2020-21. These forms will include income and investment details for FY 2019-20 through an order dated May 29. Some of […]

PM Modi Launches CHAMPIONS: Technology Platform to empower MSMEs

PM Modi Launches CHAMPIONS: Technology Platform to empower MSMEs

Today, Prime Minister Shri Narendra Modi launches CHAMPIONS: Technology platform to empower MSMEs. CHAMPIONS stands for Creation and Harmonious Application of Modern Processes for Increasing the Output and National Strength. This portal is basically for making the smaller units big by solving their grievances, encouraging, supporting, helping and handholding. […]

Covid-19: amendments to IFRS 16 Leases

Covid-19: amendments to IFRS 16 Leases

The International Accounting Standards Board (IASB) has issued an amendments to IFRS 16 Leases to make it easier for lessees to account for Covid-19-related rent concessions such as rent holidays and temporary rent reductions The amendments to IFRS 16 Leases […]