Till morning @MCA21India website was not fetching DOB data to reset the password and now username and password is not matching.
What a junk website. Shut down the website for a month and improve it for once and all. Team spends time more on technical issue than actual work.
Founders neither received confirmation of company formation nor COI yet, but vendors got all the information.
Mockery of data privacy. @MCA21India are you officially selling data ?
Banks still may be ok but how private consultancy firms, service providers and businesses ?
@RBI while filing FC-GPR, portal should allow to view the documents uploaded in application or atleast should show the original name of the document uploaded to ensure that documents are attached.
Many times, due to technical issue, doc doesn't gets attached.
Have atleast 10 clients in sector 62 and sector 63 operating factories, most them being from Apparel industry.
Met few of them during last 2 days and all of them said their workers are willfully working at their premises though under closed door, and not involved in protest.
Finally, people are speaking up against the draconian powers given to GST department since 2021.
Department is synonym of Harrasment.
@FinMinIndia successfully ignored professionals plea for 5 year. Let's see what's in the future.
Don’t know the full story behind fino payments CEO, Rishi Gupta’s arrest, but overreach by tax authorities & judiciary are common. I am also fighting baseless FIRs right up to Supreme Court. @FinMinIndia@nsitharamanoffc We must get rid of these onerous provisions and create an enabling environment if we want world-beating companies coming out of 🇮🇳
@viraj_sheth In any sane country, total compensation to the deceased would have been into 100s of crores.
In India, after public anger, Govt may announce 10L compensation, a small penalty on contractor, 1-2 scapegoat transfer of bureaucrats, Politician and Govt will keep this going again!
First, Govt stopped belated filing for 2 years then brought Updated Return with additional liability.
First, Govt reduced revised return time limit and now increased again with SOME FEE.
Miracle. All road leads to 💰.
#Budget2026
Budget speech says Buyback taxation has been SIMPLIFIED.
True that the loophole has been plugged to some extent but SIMPLIFIED?, don't think so!
#Budget2026
Penalty for delayed filing of Tax Audit Report has been converted into fee and FM announced as if it is a great achievement 😅
Penalties were not automatic earlier but now fees will probably be auto calculated.
Every reform takes a step toward more money for Govt.
#Budget2026
@R_N_Vaghani 1. Personal Expense not allowed as business exp.
2. Salaried gets HRA, Conveyance and other allowance while the others don't.
3. Revenue ≠ Profit
4. Business ≠ Always Profit
MCA extended the AR due date for 24-25 till 31.01.2026 w/o additional fees.
GST Annual Return also deserves extension considering Audit and ITR due date was extended which left little time for GSTR 9 and 9C.
Similarly. Belated and Revised ITR.
@nsitharaman@FinMinIndia
@IncomeTaxIndia Isn't this horrendous that you are sending out this messages just before the end of deadline which aligns with long vacations ?
Also, no emails.
It's no more only about compliance!
Almost all audited ITRs are pending to be processed.
@MCA21India Now It's time to remove the exclusion of subsidiaries, holding and Section 8 companies from the definition of Small Companies.
A 100 crore company now a small company but not a holding with 1 Crore revenue ? Need a thought!
@supreetkashyap 💯 True.
We have some startup clients who have cracked digital marketing themselves and are doing phenomenally good.
Rest all who uses third party agencies are in the shoe, as mentioned in your post.
Startups losing money, while Advertisement co.s flourishing.
@priteshlakhani Not an endorsement but basis my experience none matches IDFC. Atleast till now, they are doing really good.
In PSU segment, BOB is doing good.