Latest Updates
Content Introduction Section 12A Amendment in section 12AA New section 12AB Amendment in section 80G Amendment in section 80GGA Introduction As on February 01, 2020 Finance Minister of India, Ms. Nirmala Sitaraman presented the Union Budget 2020 wherein she proposed substantial amendments for granting exemptions to the charitable/ religious trusts, institutions, etc. She proposed to…
Content What is NIDHI Company? Features of NIDHI Company What are the restrictions on NIDHI Company? What are the key points regarding branches? What are the limits against the deposit made for permitting the loans? What are the various returns required to be filed by NIDHI with ROC? NDH-1 (Return of Statutory Compliances) NDH-2 (Application…
REGISTRATION OF SECTION 8 COMPANIES A non-profit organization registered under section 8 of companies Act, 2013 as a company corresponding of section 25 of companies’ Act,1956. Section 8 companies are incorporated with the objective for the promotion of commerce, art, science, sports, education, research, social welfare or any such other objective. The profits earned by…