Regulations

Company Law Committee recommends decriminalisation of LLP Act, introduction of ‘small LLPs’

A high-level government panel recommended decriminalisation of 12 compoundable offences and the omission of one penal provision under the Limited Liability Partnership (LLP) Act. The Company Law Committee (CLC) also suggested, in a report released on Monday, the introduction of the concept of a small LLP in line with small companies under the Companies Act, … Read more

Kia planning to move from Andhra to Tamil Nadu ?

NEW DELHI: South Korea’s Kia Motors is discussing with Tamil Nadu the possibility of moving a $1.1 billion plant out of neighbouring Andhra Pradesh only months after it fully opened, due to policy changes last year, sources close to the talks told Reuters. Kia inaugurated the Andhra plant, its first in the world’s fifth-largest car … Read more

GST – why are collections lower than expected?

One of the biggest reforms in Indian history is struggling to deliver on expectations… a simplified take on the possible reasons…