Friday, September 17, 2021

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companies act

Fact check: Did 10,113 companies in India shut their shop amid the COVID-19 pandemic?

A total of 10,113 companies were struck off under section 248 (2) of the Companies Act, 2013 in the financial year 2020-21.

Union government amends Companies Act, PM CARES Fund now eligible to receive funds through CSR

The companies which have contributed in PMCARES till now will also be counted as a Corporate Social Responsibilty.

High Level Committee recommends CSR expenditure to be made tax deductible, non-compliance to be made civil offence with no imprisonment

High Level Committee on CSR recommends non-compliance should attract only penalty, not jail term

IT Dept freezes Cognizant’s bank accounts over Rs 2500 crore unpaid Dividend Distribution Tax

Cognizant allegedly owes the government Rs 2500 crores in Dividend Distribution Tax

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