Food contamination is growing at a rapid pace in India and that urges consumers to be more vigilant. Several cases of tainted food are reported daily; be it dairy products or green vegetables, nothing is pure in today’s world. An excessive inclusion of harmful preservatives and additives in food products can be hazardous for public […]
The corporate world is extremely dynamic and evolves in every hour of the day. New technologies engulf old and outdated schemes. Thus, they challenge business models to either incorporate the latest techniques or retreat from the industry. An efficient way to persist in the corporate sphere is by enlarging the business through Merger and Acquisition. […]
Taxation holds vital importance for anyone pursuing his profession and earning income from it. If you are a salaried employee, then you must have come across ‘Professional Tax’ mentioned on the salary slip. It is a direct tax levied by the State Governments in India on individuals earning income through practicing a profession such as […]
Do you have an urge to build a Company, but clueless which business model to choose? Often, budding entrepreneurs get perplexed while picking the right structure for their business. The root cause of confusion lies in choosing between Private Limited Company and Public Limited Company. As both Company structures enable limited liability, it further creates […]
As per a circular dated 6th April 2018, Reserve Bank of India prohibited financial institutions and banks from dealing in virtual currencies like Bitcoin. RBI ordered banks to break all ties with the individuals or Companies that trade Cryptocurrency within three months. The ban extensively plunged the trade volumes and shut down several exchange businesses. […]
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 […]
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 […]
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 […]
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. […]
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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