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Glossary / Also known as

Late filing penalty

Another name for Penalty for Non-Compliance.

Other names
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What does late filing penalty mean?

Late filing penalty is another name for Penalty for Non-Compliance. Penalties for non-compliance in India include financial fines, interest charges, director disqualification, prosecution, and company strike-off imposed by regulatory authorities for failing to meet statutory obligations.

The two names mean the same thing. You will see "late filing penalty" in some ledgers, reports and contracts and "Penalty for Non-Compliance" in others. The full entry covers how it works, with examples.

Read the full definition of Penalty for Non-Compliance

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Related terms.

Statutory compliance Penalty for Non-Compliance Penalties for non-compliance in India include financial fines, interest charges, director disqualification, prosecution, and company strike-off imposed by regulatory authorities for failing to meet statutory obligations. Also called non-compliance penalty, late filing penalty, late fee Statutory compliance Business Compliance The process of adhering to all applicable laws, regulations, and industry standards that govern business operations in India. Also called corporate compliance, regulatory compliance Due dates and calendars Compliance Calendar A structured schedule of all regulatory filing deadlines and statutory obligations a business must fulfill throughout the year. Also called statutory due date calendar, filing calendar, compliance tracker ROC filing RoC (Registrar of Companies) The government authority responsible for registering, regulating, and administering companies and LLPs across India. Also called Registrar of Companies office, company registrar GST basics GST (Goods and Services Tax) India's unified indirect tax that replaced multiple central and state levies, creating a single national market for goods and services. Also called Goods & Services Tax TDS TDS (Tax Deducted at Source) A system where the payer deducts income tax at prescribed rates before paying the payee, and deposits it with the government on the payee's behalf. Also called withholding tax, tax deduction at source, tax withheld at source
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Compliance Compliance Calendar FY 2026-27 for Private Limited Companies The FY 2026-27 compliance calendar lists every GST, TDS, advance tax, PF, ESI, income tax and ROC due date a private limited company must meet, month by month. OneFinOps Editorial 4 min Compliance Statutory Compliance Checklist for Companies in India A statutory compliance checklist lists every filing Indian law requires of a company, with due dates: Companies Act, GST, TDS, PF, ESI and professional tax. OneFinOps Editorial 3 min GST GSTR-9 and GSTR-9C: Applicability, Due Date and Late Fees GSTR-9 is mandatory above ₹2 crore turnover and GSTR-9C above ₹5 crore. Both are due 31 December 2026 for FY 2025-26. OneFinOps Editorial 3 min
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