Section 8 Startups Get Concessions on Government Tenders In a progressive move to support mission-driven entrepreneurship, the Government of India has extended special concessions to Section 8 startups participating in public procurement and government tenders. This...

Clarification on Section 8 Conversion into Private Companies The Ministry of Corporate Affairs (MCA) has issued a formal clarification regarding the conversion of Section 8 companies into private limited companies, addressing longstanding ambiguities faced by...

MCA Proposes Graded Penalty System for Section 8 Firms In a significant regulatory reform aimed at ensuring fairness and proportionality in enforcement, the Ministry of Corporate Affairs (MCA) has proposed a graded penalty system for Section 8 companies that fail to...

MCA Launches e-Booklet on Section 8 Registration FAQs In a move to simplify the legal landscape for aspiring non-profit founders, the Ministry of Corporate Affairs (MCA) has launched a comprehensive e-Booklet covering frequently asked questions (FAQs) related to...

Inclusion of Environmental Projects in Section 8 Scope In a significant policy development, the Government of India has officially expanded the recognized scope of Section 8 companies to explicitly include environmental conservation and climate action projects. The...

Section 8 Company Staff Now Covered under Labour Law Mandates In a landmark move to extend social and legal protections to the workforce of charitable organizations, the Government of India has brought employees of Section 8 companies under the purview of key labour...

Guidelines Released for Foreign Funding in Section 8 Firms In a move aimed at tightening oversight while facilitating legitimate international support for non-profit work, the Government of India has issued comprehensive guidelines for accepting foreign funding in...

MCA Flags Over 5,000 Dormant Section 8 Companies In a sweeping regulatory exercise, the Ministry of Corporate Affairs (MCA) has flagged over 5,000 dormant Section 8 companies across India for prolonged non-compliance and inactivity. The flagged entities, identified...

Compliance Scorecards Rolled Out for Section 8 Entities In a landmark step to promote transparency and responsible governance in the non-profit sector, the Ministry of Corporate Affairs (MCA) has officially launched Compliance Scorecards for Section 8 companies across...

Central Audit Bureau to Review Large Section 8 Accounts In a decisive move to enhance financial oversight in the non-profit sector, the Government of India has authorized the Central Audit Bureau (CAB) to conduct in-depth reviews of large Section 8 company accounts....