better corporate compliance. Current Affairs, GK & News

DPIIT to relax Compliance Burden of Companies

The department for Promotion of Industry and Internal Trade (DPIIT) has highlighted that, the government is planning to ease and scrap the thousands of compliance burdens for the companies. It will be done in two phases by August 15, 2021. Background In a webinar organised in the first week of March 2021, Prime Minister Modi ..

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Government promulgates Companies (Amendment) Ordinance, 2019

The government has re-promulgated the Companies (Amendment) Ordinance, 2019 to amend the Companies Act 2013. Even though the Companies (Amendment) Bill, 2018 for this effect was passed in Lok Sabha, it was pending before Rajya Sabha. The ordinance was first issued in November and would have ceased to be operational from January 21. Hence the ..

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