Dashmeet Kaur

Dashmeet Kaur is an experienced content writer, having proficiency in writing Legitimate content with comprehensive research. She also has a keen eye to detail and incorporating accurate facts.

Union Budget 2020 introduces significant changes for Charitable Trusts

Union Budget 2020 has set some new compliance for Charitable Trust, NGO and religious institutions to claim tax exemptions. The revised provision will bring a pivotal change for such organizations. The existing Charitable Trusts and Institutions registered under Section 12A (before 1996), Section 12AA (after 1996), 10(23C) and Section 80G shall be required to re-apply […]

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How to Get Business Funding for NBFCs?

Every business venture requires an adequate amount of funds to run its day to day operations. Insufficiency in finances can hinder the progress and compels one to shut down the business. Fund requirement gets double in case of financial entities like NBFC’s. Non-Banking Financial Companies renders credit services after attaining NBFC License but without a […]

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Procedure of Conversion of Private Limited Company to OPC

A Private Limited Company tends to collapse when a Promoter or Co-founder withdraws from his position and resign the Company. In such a scenario, the best option is to convert the Private Limited Company into a One Person Company (OPC). Companies Act, 2013 enables the incorporation of OPC with a single shareholder; thereby, it provides […]

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How to Get BIS Registration Certificate in India?

Nowadays, people are considerate while purchasing any goods from the market. High quality has become the foremost priority for any customer. A Mark or Logo that certifies the safety, reliability and quality of a product is BIS. The Government of India has mandate BIS certification for 92 products to safeguard the public interest. An individual […]

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Process to obtain NSIC Certificate Registration online

National Small Industries Corporation (NSIC) is a Mini Ratna PSU that was formed in 1955. Government of India has created NSIC to underpin the Small Scale Industries (SSI). NSIC acts as an intermediary to bridge the needs of Small, Micro and Medium Enterprises through various development schemes. It aims to promote aid and foster MSME […]

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IRDA modifies the definition of pre-existing diseases

Recently, Insurance Regulator and Development Authority of India have released a circular which omits the additional/modified clause in its existing definition of pre-existing diseases. IRDA modifies the definition of pre-existing diseases to reduce the claim rejection rates in Health Insurance Policies and provide a customer-friendly experience. Previously in September, IRDA had amended the definition of […]

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What are the Advantages of Trademark Registration?

Stepping into the corporate industry is just the tip of the iceberg; one has to put enormous efforts to create a unique brand in the competitive market. The biggest challenge that often strikes entrepreneurs is to compete in the same business line amidst the existing renowned brands. Read out the top Benefits of Trademark Registration. […]

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Complete guide to winding up a Private Limited Company

Businesses can collapse like a house of cards, so it is better to close down the Company under critical conditions. The procedure for closing a Company is a complex yet indispensable task. It is even more difficult to wind up a Private Limited Company. Section 270 of Companies Act, 2013 lay out the provisions to […]

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What is the procedure of Income Tax Return Filing for Trust?

In India, Non-Profit Organizations (NPOs) can be registered as a Society, Trust or Section 8 Companies. The sole purpose of such organizations is to undertake public welfare activities for a charitable object. A Trust is an entity that aims to develop and propagate religious and charitable purposes. Such establishments do not engage in any commercial […]

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Penalty of INR 10,000 or surrender multiple PAN cards. Choice is yours!

Section 139A of Income Tax Act, 1961 mandates a person to possess only one Permanent Account Number or PAN. If any individual has two or more PAN cards, then Income Tax Officer shall levy a penalty of INR 10,000, as prescribed under Section 272B. Several reasons lead to the generation of multiple PAN Cards. However, […]

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