Tuesday 1 March 2016

Budget 2016: Companies Act to be amended for greater ease of business

A bill to amend the Companies Act will be introduced in the current session of Parliament for greater ease of doing business, including for facilitating registration of a new company in just one day, Finance Minister Arun Jaitley said on Monday.

Presenting the Union Budget for 2016-17, Jaitley said the proposed bill to amend the Companies Act 2013 will remove the difficulties and impediments to ease of doing business.

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