MCA’s Companies IND AS Rules 2015 with Amendments upto 2022
MCA notifies the “Companies Indian Accounting Standards (Ind AS) Rules 2015”, i.e. the convergent Indian Accounting Standards.
Tag: MCA
MCA Extends Due Dates for e-forms AOC-4/ 4(CFS)/ 4(XBRL), 4(Non-XBRL), MGT-7/ 7A
MCA has further extended the due dates for filing of e-forms AOC-4/ 4(CFS)/ 4(XBRL), 4(Non-XBRL) upto 15/03/2022 and for filing of e-forms MGT-7/ 7A upto 31/03/2022, without payment of …
Companies (Accounts) Amendment Rules 2022 (CSR-2): MCA Notification
MCA notifies the Companies (Accounts) Amendment Rules 2022, applicable w.e.f. 11/02/2022, to insert a rule 12(1B), which provides for a new requirement from financial year (FY) 2020-21 and onwards, …
ICAI’s Revised Guidance Notes on Ind AS Compliance by Companies/ NBFCs
ICAI has issued revised/updated Guidance Notes (2022 Edition) on Ind AS Compliance by ‘Non Ind AS Companies’ (Division I), ‘Ind AS Companies’ (Division II), and ‘NBFCs’ (Division III) for …
MCA notifies Higher Additional Fee (upto 18 Times) for Late Filing
MCA has notified the Companies (Registration Offices and Fees) Amendment Rules, 2022, to effect Higher Additional Fee of upto 18 Times (as against existing 12 times) the Normal Fee …
Updated FAQs on CSR released by MCA
MCA has released an updated (2021) set of Frequently Asked Questions (FAQs) on the Corporate Social Responsibility (CSR).
Experienced CA, CS, CMA & Advocates exempted from Proficiency Test for Appointment as Independent Directors
MCA notifies the Companies (Appointment and Qualification of Directors) Amendment Rules, 2021 to exempt CA, CS, CMA & Advocates with 10 Year’s Experience from requirement of Proficiency Test to …
MCA Clarification on CSR Spending for COVID-19 Vaccination of Persons other than Employees
MCA has further clarified that spending of CSR funds for COVID-19 vaccination of persons other than the employees and their families, is an eligible CSR activity. Earlier, MCA had …
Relief Steps taken by MCA during COVID 19 pandemic
MCA has taken various steps during COVID-19 Pandemic to providing relief from certain issues under the Companies Act, 2013/ Limited Liability Partnership Act, 2008/ Insolvency and Bankruptcy Code, 2016. …
Companies (Compromises, Arrangements and Amalgamations) Amendment Rules, 2021 notified by MCA
MCA notifies the Companies (Compromises, Arrangements and Amalgamations) Amendment Rules, 2021, to facilitate fast track mergers for Starts ups and other small companies (OPCs). The fast track process for …