#Company Law

17 articles

Does Your Client's Investment Company Need RBI Registration? The 50-50 Test, the New Unregistered Type I Exemption, and the 31 December Window

Jasmila Jawale
The RBI updated its NBFC FAQs on 15 September 2026 with a new section on companies that use no public funds and have no customers. For the family holding company that was technically an unregistered NBFC all along, it is the most useful thing the RBI has published in years.

Tax Audit vs Statutory Audit vs GST Audit: Three Laws, Three Triggers, and Which Ones Apply to You

Sachin Mohite
Sachin Mohite · Sep 11
Tax audit (Section 44AB, turnover and cash tests, 30 September), statutory audit (Companies Act for every company; LLP Rules exempt an LLP within Rs 40 lakh turnover or Rs 25 lakh contribution) and GST audit (no CA certification since 1 August 2021; self-certified GSTR-9C above Rs 5 crore, plus departmental audit under Section 65 and special audit under Section 66). Who needs which, and where one report serves two.

MCA Proposes Major Overhaul of Companies (Incorporation) Rules 2014 — 15 Key Changes You Must Know

TaxSocial Editorial Team
MCA has proposed a comprehensive overhaul of the Companies (Incorporation) Rules, 2014 via a draft notification dated 8th April 2026. Key changes include consolidation of forms into E-CHNG and E-CON, simplified OPC conversion, expanded DIN cap to 5 directors, optional EPFO/ESIC via AGILE-PRO-S

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