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Seat No.: ___Enrolment No.___GUJARAT TECHNOLOGICAL UNIVERSITY BE SEMESTERIV (NEW) EXAMINATION WINTER 2021Subject Code:3140609 Date:03/01/2022 Subject Name:Civil Engineering Societal & Global Impact
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Mandatory disclosure refers to the legal requirement for certain entities or individuals to report specific information to government authorities. This often includes financial data, ownership structures, or tax information, aimed at ensuring transparency and compliance.
Typically, entities engaged in certain business activities, large corporations, partnerships, or individuals meeting specified financial thresholds are required to file mandatory disclosures with the government.
To fill out mandatory disclosure, individuals or organizations must gather required information, complete the designated government forms accurately, include all necessary supporting documents, and submit them by the specified method, usually electronically or by mail.
The purpose of mandatory disclosure is to enhance transparency in business practices, ensure compliance with tax laws, prevent fraud, and allow governmental bodies to effectively monitor activities that may have fiscal or legal implications.
The required information typically includes business identification details, financial statements, ownership information, related-party transactions, and any potential risks or obligations that may affect the entity's legal standing.
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