https://www.taxtmi.com/news?id=17114 The Ministry of Corporate Affairs reported rising numbers of active companies through 2016 and stated the impact on employment has not been assessed. To promote growth and improve ease of doing business, the Ministry removed the minimum paid up capital requirement at incorporation, made the common seal optional, established a Central Registration Centre, deployed the SPICe electronic incorporation form, and granted conditional exemptions or relaxations under the Companies Act, 2013 including for startups. en-us Sat, 17 Dec 2016 13:20:05 +0530 Sat, 17 Dec 2016 13:20:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=17114 The Ministry of Corporate Affairs reported rising numbers of active companies through 2016 and stated the impact on employment has not been assessed. To promote growth and improve ease of doing business, the Ministry removed the minimum paid up capital requirement at incorporation, made the common seal optional, established a Central Registration Centre, deployed the SPICe electronic incorporation form, and granted conditional exemptions or relaxations under the Companies Act, 2013 including for startups. News - Sat, 17 Dec 2016 13:20:05 +0530 https://www.taxtmi.com/news?id=17114