e-returns mandatory for cos from Sept 15

Kolkata, July 30 | Updated: Jul 31 2006, 05:32am hrs
The Centre has decided to make e-filing of companies annual returns with the Registrar of Companies (RoC) mandatory from September 15, minister of company affairs Premchand Gupta said on Sunday.

Rolling out the MCA-21 for the West Bengal registry here, Gupta said the companies would have the option to file their returns through the paper mode within September 15. However, e-filing would be made online after that period, he said.

MCA-21 is a part of governments national e-governance plan by which companies would be able to file their documents through the electronic mode.

This programme was being executed by the ministry in partnership with Tata Consultancy Services (TCS) based on the public private partnership model.

West Bengal was the 19th registry where MCA-21 was launched. The next roll out would be made in Jammu but it was being delayed due to connectivity problem. The total cost incurred for implementing the programme was Rs 350 crore.

The joint secretary with the ministry of company affairs YS Malik said the programme would bring speed, transperancy and efficiency in the delivery of the services rendered by the ministry to all the stake holders.

He said the staff working in the department will be given special training so that they become computer savvy.

On other issues, Gupta said the government was trying to bring more reforms. As a first step, it had been decided to give more autonomy to the three professional institutes ICSI, ICAI AND ICWAI. He also said the limited liability partnership Bill would be introduced in the winter session of the parliament.Gupta said the ministry would also set up facilitation centres at Salt lake, Falta Sez and Siliguri in the state.