Shivani has completed her B com LLB (Hons) and has the experience of writing various research papers during her college time. Earlier she was working as an Associate in a Delhi based Law Firm, but her interest in writing made her pursue Legal Content Writing as a career. Her core area of interest is in writing about various legal enactments, tax, and finance.
In view of global food consumption, India owns a considerable food sector. Each state has its own set of laws regulating the food business, food safety, hygiene, etc. However, not only the central government but every food business operator must comply with the Food Safety and Standards Act, 2006. In this article, we will thoroughly […]
A place that serves both the delicious food and attractive ambience becomes the first choice for customers. Therefore, despite the tough competition, every young entrepreneur chooses to start a restaurant business in India. As per a report by STATISTA [1] , the Market Value of the Indian Restaurant Industry was about Rs 4 Trillion in […]
Nowadays, every restaurant business, whether new or established choose to build Cloud Kitchens. As, customers, instead of wanting to Dine in at Hotels or Restaurants, tend to prefer ordering food at home. Therefore, the ambit of Virtual Kitchen Business in India has also considerably increased. Virtual or cloud kitchens are only food delivery platforms. These […]
Goods and Service Tax or GST Act is one of the significant reforms in the Indian Financial Sector. However, the feature that became the talk of the town was the mechanism of Input Tax Credit (ITC). ITC means a person while paying tax on sales can reduce the tax already paid at the time of […]
Although a company is a legal person, it does not have any physical appearance to carry out its work and operations. Shareholders or the owners of a company need to appoint Directors, who will be responsible for running a company. These directors maintain a fiduciary relationship with the company. However, every person proposed to be […]
In the Indian Corporate Sector, Audit Committee acts as one of the main pillars of the Corporate Governance System. The main objective of an Audit Committee is to improve the integrity in the Financial Statements. It is also responsible for monitoring the internal control process and risk management systems. Further, an audit committee is governed […]
Since the COVID-19 epidemic, the inadequate supply chain for personal protective equipment (PPE) has proved to be a significant issue. India, which was earlier not producing any kit, has achieved a target of producing 2.06 lakh kits daily. In this blog, we will talk over the concept of PPE Kit Certification and the guidelines issued […]
The term “LLP Agreement” denotes a written agreement signed by the partners of an LLP. This agreement acts as a binding force for the partners of the firm. Further, the term “Binding Force” denotes the set of rights and duties mutually decided by the partners of the firm. In this learning blog, we will discuss […]
Usually, people all over the world tend to prefer to own their properties, rather than paying rent for using someone else’s property through a lease. However, leases do offer some key benefits, such as lower risk rate on resale value, tax deductions, low initial payment, and the ease of returning a property without the trouble […]
Nowadays, the dynamics of the corporate sector tends to changes swiftly. As a result, every corporate entity is relentlessly trying different way-outs to sustain in the market. One such way-out is the change of name of the company. Any limited company, whether private or public, can change its name after obtaining the consent of all […]