Guidelines on selecting/reservation of name for your company
The Ministry of Corporate Affairs (MCA) established a Central Registration Centre (CRC) to process Applications for Reservation of Companies Names across India [25 Jan 2016]. The CRC process the application for reservation of name received by it in e-form INC-1 with the prescribed fee as provided in the companies (registration of offices and fees) Rules,2014.…
Read articleDigital Signature Certificates (DSC) of different types
(This article elucidates on what is digital signature, different types of digital signature, digital signature certificate, who issues digital signature certificate and what is USB token) What is the digital signature? Digital signature is a digital code generated (electronic signature) to validate the authenticity and sender’s identity of an electronically transmitted document. Like physical documents are…
Read articleGuidelines on how to get DIN (Director Identity Number)
The Director Identity Number (DIN) is the number through which the Registrar of Companies (ROC), Ministry of Corporate Affairs (MCA), Government of India, identifies directors of companies. A director of a company is thus required to register his/her DIN to deal with the MCA. Process of obtaining DIN: The e-form DIR 3 for the purpose…
Read articleDo you know how PAN card is issued?
The word PAN stands for Permanent Account Number (PAN) for tax payment purposes. It is compulsory that a person who makes tax payment on his income must quote PAN under the Income Tax Act, 1961. The applicant for PAN may be Individual, HUF, Company, Firm, Association, Trust, Local authority etc. The Central Board of Direct…
Read articleDo you know how TAN card is issued?
The word TAN stands for Tax Deduction Account Number (TAN) for depositing tax deducted at source(TDS). It is also known as Tax collection Account Number. Section 272 BB (1) IT Act imposes the penalty of Rs.10000/-, for not having obtained TAN, to a person who is responsible for deduction tax at source. Further, as per section…
Sovereign Gold Bonds 2016 – Series III open for subscription
The Government of India has vide its Notification F.No. 4(16)-W&M/2016 dated October 20, 2016, announced that the Sovereign Gold Bonds 2016 – Series III (“the Bonds”) will be open for subscription from October 24, 2016, to November 2, 2016. The Government of India may, with prior notice, close the Scheme before the specified period. The date…
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