News: Government further relaxes norms for companies

#National

Government further relaxes norms for companies

In a raft of changes to make it easier for businesses to operate in the country, the government has relaxed norms for private companies including those pertaining to related party transactions, acceptance of deposits and auditor appointments. Compliance requirements under the Companies Act, 2013, have also been made for government, nidhi and not-for-profit or Section 8 companies. 

In a raft of changes to make it easier for businesses to operate in the country, the government has relaxed norms for private companies including those pertaining to related party transactions, acceptance of deposits and auditor appointments. Compliance requirements under the Companies Act, 2013, have also been made for government, nidhi and not-for-profit or Section 8 companies. 

Read Economic Times full report here.

Topics: #National, #Updates

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