Author: svendus2021
ROC COMLIANCE CHECKLIST
Anuj Bansal & Associates-www.anujraibansal.com
Corporate Laws Amendment Bill introduced in Lok Sabha
Finance Minister Nirmala Sitharaman is set to introduce the Corporate Laws (Amendment) Bill, 2026, aiming to reform India’s corporate laws. The bill proposes changes to the Companies Act, 2013, and LLP Act, 2008, focusing on ease of doing business and addressing gaps highlighted by the Company Law Committee
Important Update: Companies Compliance Facilitation Scheme, 2026 (CCFS-2026)
The Ministry of Corporate Affairs (MCA) has introduced a one-time opportunity for companies to regularize their pending filings and reduce financial burdens associated with compliance delays. This scheme is particularly beneficial for MSMEs and private companies facing significant additional fees. Key Highlights of the Scheme Eligibility & Exclusions The scheme applies to all companies except… Continue reading Important Update: Companies Compliance Facilitation Scheme, 2026 (CCFS-2026)
Recent ROC Penalty Orders
Recent ROC Penalty Orders compiled in Chartered Secretary Journal for ready references.
Prohibition to obtain more than one DIN
Above is the penalty imposed by ROC recent penalty order dated 15.07.2025 a mountain to ₹3,86,000. Now a days, ROC issuing heavy penalty on having two Having two DINs. Now having two Having two DINs is risky. The ROC is not accepting surrender of duplicate DINs via DIR-5 without adjudication and penalty payment. As a… Continue reading Prohibition to obtain more than one DIN
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Ten New Income tax Rules w.e.f 1st April 2023 for Taxpayers
1) New income tax regime to be default regime Starting, 1 April 2023, the new income tax regime will act as the default tax regime. Tax assessors will still be able to choose from the prior regime. The government in Budget 2020-21 brought in an optional income tax regime, under which individuals and Hindu Undivided… Continue reading Ten New Income tax Rules w.e.f 1st April 2023 for Taxpayers
UPI is Free for Users and you don’t have to pay any charge or fees for Personal (P2P) & Merchant (P2M) Transactions
No need to Panic UPI Payments will remain free, nothing changes for you, there won’t be any charge on UPI Bank TransfersThe new proposal is only applicable for Wallets/PPI Where UPI transactions made via Prepaid Payments Instruments (Such as Wallets, Credit Cards) will have an Interchange Fees It will carry an Interchange Fee of 1.1%… Continue reading UPI is Free for Users and you don’t have to pay any charge or fees for Personal (P2P) & Merchant (P2M) Transactions
Software for Audit Trail mandatorily to be installed by the companies w.e.f. 01.04.2023
According to The Ministry of Company Affairs (MCA) notification dated March 24, 2021 (Companies (Accounts) Amendment Rules, 2021), every company that uses accounting software to maintain its books of account shall use only Accounting Software that has a feature of recording an – Audit Trail of each and every transaction, Creating an edit log of… Continue reading Software for Audit Trail mandatorily to be installed by the companies w.e.f. 01.04.2023