In its bid to boost the ecosystem for start-ups, the Ministry of Corporate Affairs (MCA) has notified a slew of operational and compliance relaxations. Key among them is the ability to raise deposits from members, with exemption from procedural compliance for an extended period of five years. …
Tag: ministry of corporate affairs (MCA)
Ease of doing biz: Now get PAN & TAN for firms issued in a day
New Delhi: In a move aimed at improving the ease of doing business for newly incorporated corporates, the tax department tied up with ministry of corporate affairs (MCA) to issue permanent account number (PAN) and tax deduction account number (TAN) in a day. Companies submit a common application …