UDYAM (MSME) REGISTRATION PROCESS : Step-wise and Other important related information

UDYAM (MSME) REGISTRATION PROCESS: Step-wise and Other important related information CONTENT Introduction and Salient features of registration process New Registration Process: Point-wise information required Registration of existing registered enterprises Udyam Registration Certificate Updation of information Change in Classification Penalty for false information 1.  INTRODUCTION Section 8(1) of the Act cast responsibility on […]

Quick Summary of Compliance Relaxation Measures announced by Finance Minister

Quick Summary of Compliance Relaxation Measures announced by Finance Minister Union Finance Minister Nirmala Sitharaman today announced various statutory and regulatory compliance relief measures amid a complete shutdown almost all over the country to control the spread of the coronavirus. FM has extended compliance deadlines and provided various relief measures in Income […]

Covid 19: Work from Home

COVID-19 : How can ‘Work from Home’ be implemented? SAFETY FIRST : Measures should be taken to prevent spreading COVID-19 : Work from Home policy should be adopted as Safety of Staff, Articles and family members is our Prime Responsibility. Few things that can be done: Communication to Clients: Make clear […]

Practical Issues on UDIN generation for Statutory Audit of Companies and important UDIN FAQs

Generation of Unique Document Identification Number (UDIN) is made mandatory for all other audit, assurance and attestation functions by ICAI w.e.f. 1st July, 2019. Therefore this is first year where the statutory auditor of companies (including private limited company) has to ensure generation of UDIN and to mention after every signature […]