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Archive for January, 2021

Amendments to CSR provisions

January 28, 2021 ⋅

The amendments to the CSR provisions now have been notified and has revamped CSR framework for companies. MCA issued a notification and notified certain provisions of the Act, one of the provisions relating to CSR. Section 27 of the Amendment Act, 2020 amends section 135 of the Act (relating to CSR). MCA has also issued […]

Only 329 startups can claim tax holiday under Startup India

January 27, 2021 ⋅

[Source: cnbctv18.com] Exactly five years since the launch of the Startup India program in January 2016, which aimed at several benefits for startups, not even a percent of the total registered startups can avail the benefits. The government had in Budget 2020-21 announced the deferral of taxation on employee stock option plans (ESOPS) by 48 […]

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