The state government will move a bill in the winter session of the state legislature to prohibit fishing without obtaining licences.

The Cabinet on Monday approved the draft of the Food Safety Bill, 2013 keeping provision of maximum five years imprisonment or Tk 500,000 fine for adulteration of food, reports UNB.

Under the new Companies Act, 2013, all profitable companies with a sizeable business will have to spend every year at least 2% of 3 year average profit on CSR works

Expecting an annual CSR spending of Rs 15,000-20,000 crore by India Inc, Corporate Affairs Minister Sachin Pilot has asked companies to see the new law as an investment opportunity to create a better work environment, rather than a forced expenditure.

Cos Asked To Set Aside 2% Of Avg Net Profits Of Last 3 Yrs As Seed Capital

Companies which were hoping to fulfill their corporate social responsibility (CSR) obligations, introduced by the recently enacted Companies Act, 2013, through the easy route of donations or activities that would exclusively benefit their employees and families are in for a rude shock.

Corporate social responsibility or simply CSR, as the “beyond business” initiatives of companies have come to be globally known, is a complex, evolving subject.

All public companies whose paid-up share capital exceeds Rs 100 crore or which have in aggregate outstanding loans or deposits exceeding Rs 200 crore may soon be required to have one-third independ

New Companies Act draft hits small auditors more

The new rules say auditors will have to take highly costly indemnity insurance against third-party liabilities, feasible only for large firms

This is the first set of draft rules for various clauses of the new Companies Act 2013 released by the government.

The historic Land Acquisition Bill on Wednesday moved another step closer to becoming a law with Rajya Sabha approving the legislation which seeks to provide fair and just compensation to farmers a

To ensure food security law is rolled out smoothly in most states before the next general elections, the Centre has called a meeting of state food ministers and secretaries later this month.

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