DMPQ: What were the steps taken by government of India to regulate the Shell companies? (Economy)
Changes in the Income tax act: one of the condition for resident of India was leading to creation of shell companies i.e. during a financial year, a company shall have management of its affairs wholly in India. This provision was leading to creation of shell companies. Ministry of Corporate Affairs (MCA) and Central … Read more DMPQ: What were the steps taken by government of India to regulate the Shell companies? (Economy)