51 absconders who left country defrauded over Rs 17900 crore; CBI probe underway: Government
The Central Bureau of Investigation has reported that as on date, 51 absconders and proclaimed offenders in 66 cases are known to have left for other countries.
10,860 cases under IBC pending before NCLT at the end of September: Govt
"As per the data provided by National Company Law Tribunal (NCLT), t...
Nearly 3 per cent of Mudra loans turn into bad loans: Government
Loans are classified as MUDRA under the PMMY. The loans are given under thre...
Registrars of Companies removes 3.39 lakh companies in last 2 fiscals
Minister of state for corporate affairs Anurag Singh Thakur said that the ministry through its RoCs files prosecutions against companies that have not filed financial statements from time to time.
No official estimate of undisclosed wealth abroad
Thakur said as part of the government’s drive against black money, undisclosed income of about Rs 8,465 crore has been brought to tax and penalty of Rs 1,294 crore levied in the HSBC cases.
Over 3.38 lakh cos deregistered in last two financial years: Govt
The Corporate Affairs Ministry has removed the names of these companies for their failure to file annual returns for two or more financial years continuously.
Govt taking all steps to strengthen NCLT, NCLAT
The government has recently appointed 28 more members in NCLT and 4 more members in NCLAT, said Union minister Anurag Singh Thakur in order to quicken the legal proceedings and reduce the pendency of cases. Additional members have been appointed and additional courts are being operationalised from time to time.
Parliament approves chit funds amendment bill
The bill seeks to increase the limits for aggregate fund collections in chit funds to thrice the current limits and allows the chit fund foreman a right to lien against the credit balance from subscribers. The Lok Sabha passed the proposed amendment on November 20.
India At 2019 Int’l Emmys: KJo, Anurag Kashyap’s Selfie Moment With D&D, Radhika Apte Stuns At Red Carpet
Bill introduced to raise cap on chit fund collections
Minister of state for finance and corporate affairs Anurag Singh Thakur said a government-constituted key advisory group (KAG) and the parliament’s standing committee on finance had both recommended changes to the legal and regulatory framework for chit funds for the orderly growth of the sector.
CBSE to introduce major changes in question paper patterns for classes 10, 12 by 2023
It is the need of the hour keeping in mind country's future, CBSE Secretary Anurag Tripathi said at the school education summit organised by the Associated Chambers of Commerce and Industry of India (ASSOCHAM).
KJO lives a fanboy moment at International Emmys, tweets proud pic with 'GoT' producers
Johar's 'Lust Stories' had earned a nomination in the TV Movie/Mini-Series category.
Gross NPAs of SCBs decline by 98K cr by June: Govt
Gross NPAs of SCBs, which stood at Rs 10,36,187 crore on March 31, 2018, declined by Rs 97, 996 crore to Rs 9,38,191 crore as on June 30, 2019, Anurag Thakur said during question hour in Lok Sabha. The gross NPAs stood at Rs 3,23,464 crore as on March 31, 2015 and increased to over Rs 10.36 lakh crore figure by the end of 2017-18 fiscal on March 31.
Education received major chunk of CSR spend by corporates: Government
The CSR activities taken up by the companies relate to various sectors including education, healthcare, sanitation, environmental sustainability, poverty alleviation and skill development.
Lok Sabha passes bill to raise chit fund amount by three times
According to the bill, it is proposed to raise the maximum chit amount from Rs 1 lakh to Rs 3 lakh for those managed by individuals or less than four partners, and from Rs 6 lakh to Rs 18 lakh for firms with four or more partners. The maximum commission for the 'foreman', who is responsible for managing the chit, is proposed to be raised from 5 per cent to 7 per cent.
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