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Big Unlisted
Companies also under e-surveillance of the
Government
The government is planning to expand its
electronic surveillance to include more listed
and big unlisted companies to detect quickly any
fraud or malafide action.
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A Major milestone in the history of MSMEs in
India
SEBI Board announces special provisions for
listing of MSMEs on SME Exchange platform
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EPFO proposal to benefit employees
EPFO proposing a salary cap rise to Rs.10000 per
from existing Rs.6500 as well as reducing the
number of members from 20 to 10
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Launch of e-Voting System for
Corporate
CDSL Ventures Ltd., a wholly owned subsidiary of
Central Depository Services (India) Limited
(CDSL), has designed an electronic voting system
as an alternative to the paper-based postal
ballot process, to facilitate voting on company
resolutions.
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Now NGOs under the ambit of money-laundering law
Charitable trusts, whether temples,
non-government organizations (NGOs), educational
institutions or societies etc., if registered as
non-profit organizations (NPOs), will not only
have to disclose the source of their funds but
also be scrutinized for large monetary
transactions.
…Read more
Profitable firms may have to earmark funds for
CSR
The Ministry of Corporate Affairs (MCA) is
working on the broad contours of a code that
will require all profit-making companies to set
aside an amount proportionate to their turnover
or profits for corporate social responsibility
(CSR) initiatives.
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Foreigner can’t claim right to a visa: High
Court
In a landmark judgment, Bombay HC has ruled that
a foreign national has no fundamental right to a
visa to stay in India.
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