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The administration may also raise salaries paid to H1-B visa holders, a move that could significantly increase costs for IT companies that are already facing pressure on margins. (Representational image)

Over 2.25 lakh cos may be struck off in FY'19 for not filing financial...

Over 3.09 lakh directors were disqualified for not filing financial statements or annual returns for preceding 3 years.

8 Jun 2018 1:25 PM IST

The government on Friday said it will take action against over 2.25 lakh companies as they have not filed requisite financial statement for 2015-16 and 2016-17.

Govt to take action against 2.25 lakh cos not filing annual returns

Ministry of Corporate Affairs has already struck off over 2.26 lakh companies.

3 Aug 2018 4:42 PM IST