Directors can comply with KYC norms by paying reduced fee of Rs. 500 till Oct 5, 2018
The Ministry of Corporate Affairs has amended the Companies (Registration Offices and Fees) Rules, 2014 wherein extra time has been provided to DIN holders who failed to file KYC with the MCA. Now directors can comply with KYC norms by paying reduced fee of Rs. 500 instead of Rs. 5000 from Sep 21, 2018 to Oct 05, 2018. From Oct 06, 2018 onwards a fee of Rs. 5000 shall be payable for reactivation of DIN.