« Top Headlines » Open DEMAT Account in 24 hrs  Delhi HC Rules GST Registration Cannot Be Cancelled Retrospectively Without a Clear Show Cause Notice (SCN)  Belated income tax return AY 2026-27: How to file, late filing charges and what you may lose  Major Financial Changes from August 1, 2026: ITR Deadline, RBI MPC Meeting, Tatkal Ticket Rules & More  Government proposes to ease tax relief conditions for offshore funds  TallyPrime Connected Banking: Automating Banking and Accounting  ITR Filing Deadline 2026: Is July 31 the Last Date to File Your Income Tax Return? Latest Official Update  ITR filing deadline nears: How to file income tax return online on e-filing portal - quick 15-step guide  Will the ITR Filing Deadline Be Extended Beyond July 31 for FY 2025-26? Here's the Latest Update for Taxpayers  Income Tax Refund Delayed for AY 2026-27? 5 Common Reasons Your Refund May Be Stuck and How to Fix It  ITR Filing 2026: FM Nirmala Sitharaman Asks Tax Officials to Let Honest Taxpayers Correct Genuine Mistakes  Will Your FCNR Deposit Stay Tax-Free After Returning to India? Tax Rules Explained for NRIs «  Finmin issues guidelines for PPP project approval... SC refuses to stay AS-22... » Revisiting Coz Law Amendment Bill July, 31st 2007 The much-awaited Company Law Amendment Bill may have to wait till the Winter Session of Parliament as the work on draft changes in the legislation would take a few more months. The Minister for Corporate Affairs P C Gupta today informed members of the CII that the Government would like to introduce better transparency in the functioning of corporates and fixing accountability towards shareholders. The Company Law Amendment Bill is aimed at protecting the interest of investors with stiffer disclosure norms. It proposes tougher penalties for defaults by managements. "The legislative drafting of the revised company law is nearing completion and the final product will match industry's expectations," Secretary in the Ministry of Corporate Affairs Anurag Goel said at the launch of the National Foundation for Corporate Governance. The Minister assured the industry that the number of independent directors on company boards would be decided in line with industry demands. He said the Limited Liability Partnership Bill, which was introduced in December last year is pending with the Standing Committee. "We hope that Standing Committee would finish its work in the next few months and the Bill will be passed latest in the Winter Session," Goel said. He said the government is establishing an Indian Institute of Corporate Affairs for which many partnership proposals both from global and domestic institutions have been received. The Government is also overhauling the Indian Company Law Service so that officials get oriented to new business environment and corporate requirements.