Budget 2023: Amendments related to CCI, IBC and Companies Act likely to be discussed in Budget session
Budget 2023: Tarun said that the amendment draft to strengthen CCI is with the Parliamentary Standing Committee and this draft could be submitted in the next one week.
Budget 2023: During the Budget 2023-24 presentation, there will likely be discussions on three major amendments in the parliament. According to an exclusive report said by Zee Business Special Correspondent, Tarun Sharma, the amendments will be related to Companies Act, Insolvency Bankruptcy Code (IBC) and strengthening of the Competition Commission of India (CCI).
What is Capital Gains Tax? Types and Exemptions - Explained
As far as the changes in the Companies Act are concerned, the Company Law Committee which was formed to examine and recommend to the government on various issues related to implementation of the Companies Act and Limited Liability Partnership Act, has submitted a report that consists of changes in the rules related to buy back, auditors, etc. Sharma added that there will be provisions related to parallel statutory auditing as well.
Stock Market LIVE Today: Sensex, Nifty may take pause from 8-day winning momentum tracking weak global cuesGet Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.