Companies Act 2013 Current Affairs, GK & News
CSR funds for ‘Har Ghar Tiranga’
Recently, government announced for companies to spend CSR funds on activities related to ‘Har Ghar Tiranga’ campaign. Government is organising the “Har Ghar Tiranga Campaign” as a part of Azadi ka Amrit Mahotsav. The campaign is intended to encourage people to hoist national flag at their home to celebrate the 75th years of India’s independence. ..
Month: Current Affairs - July, 2022
Category: Economy & Banking Current Affairs - 2022
Topics: Companies Act 2013 • Corporate social responsibility (CSR) • Corporate Social Responsibility (CSR) funds • CSR funds for Har Ghar Tiranga • Har Ghar Tiranga campaign
National Financial Reporting Authority – Update (March, 2022)
The Appointments Committee of the Cabinet (ACC) has approved the appointment of former finance secretary Ajay Bhushan Pandey as the chairperson of the National Financial Reporting Authority (NFRA). About NFRA National Financial Reporting Authority (NFRA) is a statutory body, established in 2018 under the Companies Act 2013. It is an independent regulatory body, which oversees ..
Month: Current Affairs - March, 2022
Category: Economy & Banking Current Affairs - 2022
Topics: Accounting • Auditing • Companies Act 2013 • NFRA
Foreign direct investment in LIC
The Government of India recently decided to allow 20% Foreign Direct Investment (FDI) in LIC (Life Insurance Corporation). This is to be done by amending the Foreign Exchange Management Rules (FEMA). What is the plan? The DFS, DIPAM are to create a plan to amend the FDI in insurance sector after consulting DPIIT. DFS is ..
Month: Current Affairs - January, 2022
Category: Economy & Banking Current Affairs - 2022
Topics: body corporate • Companies Act 2013 • Corporate • Department for Promotion of Industry & Internal Trade (DPIIT). • Department of Investment and Public Asset Management (DIPAM) • DIPAM • DPIIT • FDI • Foreign direct investment • Foreign Exchange Management • Foreign Exchange Management Act • Insurance • LIC • LIC Act 1956 • Life Insurance Corporation (LIC)
Rules related to incorporation of companies changed
The government has amended the rules concerning to the incorporation of companies which comes under the Companies Act, 2013. From 1st September, these changes will come into effect. Highlights Companies Act, 2013, is being implemented by the corporate affairs ministry and they have amended the Companies (Incorporation) Rules, 2014. Changes have been made to ..
Month: Current Affairs - July, 2021
Category: Economy & Banking Current Affairs - 2022 • India Nation & States Current Affairs
Topics: Companies (Incorporation) Rules 2014 • Companies Act 2013 • Corporate Identity Number • incorporation of companies • Order of Regional Director Not Complied
PM CARES Fund: Oxygen Plant for 100 new hospitals
The Ministry of Health and Family Welfare recently announced that around hundred new hospitals are to have their own oxygen plant under the PM CARES Fund. PM CARES Fund is Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund. What is the plan? The Government of India has sanctioned 162 Pressure Swing Adsorption Plants ..
Month: Current Affairs - April, 2021
Category: India Nation & States Current Affairs
Topics: Companies Act 2013 • Corporate social responsibility (CSR) • COVID-19 • Oxygen • PM CARES Fund
Global Hackathon: NPCI PayAuth Challenge
The National Payments Corporation of India (NPCI) has announced to launch ‘NPCI PayAuth Challenge’. It is a global-level hackathon that will be organised to get the alternatives of the authentication of Unified Payments Interface (UPI) transactions. One such alternative options is the use of biometric while making transactions. Key Points NPCI PayAuth Challenge hackathon is ..
Month: Current Affairs - February, 2021
Category: Economy & Banking Current Affairs - 2022
Topics: Companies Act 2013 • National Payments Corporation of India (NPCI) • NPCI PayAuth Challenge • Reserve Bank of India (RBI) • Unified Payments Interface (UPI) transactions