MCA Data Shows 30% Rise in Section 8 Registrations In a strong indicator of growing interest in the non-profit sector, the Ministry of Corporate Affairs (MCA) has reported a 30% year-on-year increase in the registration of Section 8 companies across India. The surge...
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Government Approves Bulk Incorporation for Section 8 Clusters
Government Approves Bulk Incorporation for Section 8 Clusters In a transformative policy update aimed at accelerating the formalization of collaborative non-profit ventures, the Government of India has approved a new facility for bulk incorporation of Section 8...
CSR Implementation Allowed Only via Certified Section 8 Companies
CSR Implementation Allowed Only via Certified Section 8 Companies In a major regulatory shift to ensure greater accountability in the deployment of Corporate Social Responsibility (CSR) funds, the Ministry of Corporate Affairs (MCA) has announced that CSR...
Filing Date Extensions Announced for Section 8 Firms
Filing Date Extensions Announced for Section 8 Firms In a relief measure welcomed by the non-profit sector, the Ministry of Corporate Affairs (MCA) has officially announced extended deadlines for the statutory filings of Section 8 companies. The decision aims to ease...
Annual Budget Allocates Support for Section 8 Outreach
Annual Budget Allocates Support for Section 8 Outreach In a major boost to India’s non-profit ecosystem, the Union Government has allocated dedicated funds in the latest Annual Budget to support outreach and capacity-building programs for Section 8 companies. The...
MCA Revises Checklist for Incorporation under Section 8
MCA Revises Checklist for Incorporation under Section 8 In a move aimed at simplifying and standardizing the incorporation process for non-profit organizations, the Ministry of Corporate Affairs (MCA) has issued a revised and comprehensive checklist for registering...
Government Waives Fees for Women-led Section 8 Startups
Government Waives Fees for Women-led Section 8 Startups In a landmark move to empower women entrepreneurs in the non-profit space, the Government of India has announced a complete waiver of incorporation fees for women-led Section 8 companies. The initiative, launched...
Government Collaborates with ICAI to Educate Section 8 Companies
Government Collaborates with ICAI to Educate Section 8 Companies In a strategic initiative to strengthen governance and compliance among non-profit organizations, the Government of India has partnered with the Institute of Chartered Accountants of India (ICAI) to...
MCA Introduces Two-Tier Review for Section 8 Licenses
MCA Introduces Two-Tier Review for Section 8 Licenses In a bid to enhance scrutiny and ensure the integrity of charitable organizations, the Ministry of Corporate Affairs (MCA) has rolled out a two-tier review system for granting Section 8 licenses under the Companies...
Audit Trail Feature Introduced for Section 8 Applications
Audit Trail Feature Introduced for Section 8 Applications In a significant push toward digital transparency and regulatory integrity, the Ministry of Corporate Affairs (MCA) has introduced an audit trail feature for all Section 8 company incorporation applications....