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Introduction to EPF (Employees’ Provident Fund) Hey there! Let’s talk about a vital savings avenue: the Employees’ Provident Fund, or EPF. It’s like a savings buddy managed by the Indian government for folks working in various sectors. This fund isn’t just a pot of gold for retirement; it’s a portion of your paycheck that’s set … Continue reading “Navigating EPF Refunds: Simplifying the Process for You”
UNLIMITED COMPANIES By virtue of Section 2(92) of the Act, an unlimited company is a company not having any limit on the liability of its members. Thus, the maximum liability of the members of such a company, in the event of its being wound up, could extend to their entire personal property to meet the … Continue reading “UNLIMITED COMPANIES”
Section 8 of Companies Act, 2013 empowers Central Government to register a special type of company as limited company having charitable objects to promote commerce, art, science, sports, education, research, social welfare, religion, charity, protection of environment, etc., without adding to its name the words ‘Limited’,‘Private Limited’. Such company intends to apply its profits or … Continue reading “Definition of non Profit org Company” Under Section 8 of Company Act 2013″
As part of updating its registry, MCA would be conducting KYC of all Directors of all companies annually through the eform DIR-3 KYC. Accordingly, every Director who has been allotted DIN on or before 31st March, 2018 and whose DIN is in ‘Approved’ status, would be mandatorily required to file form DIR-3 KYC on or … Continue reading “Form DIR-3 KYC Mandatory Required to be Filed on or Before 30th April Year Every Year”