« Top Headlines » Open DEMAT Account in 24 hrs  Mock Test Papers Series - I & II for Students appearing in CA Foundation January 2027 Examination.  Income Tax Rules 2026: CBDT Introduces Revised Form 161 for Penalty Waiver, Clarifies Misreporting Categories and Taxpayer Relief  ITR Filing and Income Tax Audit Deadline Extended: 5 Critical Things Taxpayers Must Know  Filing Belated ITR for AY 2026-27? Know Which Losses You Can Carry Forward and Which You May Lose  CBDT Extends Tax Audit Report Deadline to October 21, ITR Filing Last Date to November 21 for AY 2026-27  CBDT Extends AY 2026-27 ITR Filing Deadline for Tax-Audit Cases: New Dates and Key Compliance Details  Foreign Assets Missing From Your ITR? Income Tax Department Opens One-Time Disclosure Window  Tax Audit Deadline September 30: Why AIS, TDS and GST Figures May Not Match Your ITR and What Taxpayers Should Do  Tax audit deadline September 30: Common mistakes taxpayers should avoid  Your ITR says ‘verified’, but the refund hasn’t arrived? 5 reasons why your money could be stuck  Missed the ITR Deadline but TDS Refund Is Due? Here’s How You Can Still Claim Your Money «  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.