Govt. Proposes Geo-Tagging Of Firms

The rapid development in the field of technology and its accelerated adoption has elevated the standards of living. Incorporation of digital practices in the all major aspects of life has simplified the lifestyle and also offers safer and increased quantity of retention of essential data for a longer duration. As the Government introduces and promotes the availability of more and more services online, the citizens find themselves at ease to access such facilities. This has also helped to maintain the records of necessary information in a more organized form enabling the Government to take appropriate actions as required.

Shell Companies Menace

Shell companies are the non-trading entities incorporated under the multiple layers of subsidiary companies. Generally, such companies hold assets, recruit employees only on paper and mostly deal with holding the ownership of assets, intellectual property, etc. for the parent company and act as vehicle for various financial