NBFC is one of the most common forms of financial institutions in India which contributes an outstanding percentage of GDP rise to the country’s economy. As important as it is to obtain NBFC license for commencing a Non-Banking Financial Company, it is equally important to follow-up with the NBFC annual compliance checklist. However, in case, you don’t […]
The concept of GST has no doubt has many advantages, however apart from that there are also some disadvantages and demerits of the same. Let’s discuss some of the Demerits and Disadvantages of GST which must be considered deeply. Software in GST Registration According to the analysis, it was found that to avail the facilities […]
If you think to start your own business in the finance sector that also within a reasonable amount, then you need to know about Nidhi Company in India and the latest updates on Nidhi Company. In India, Nidhi company is recognized under the provision of section 406 of the Companies Act, 2013. Nidhi Company is […]
Before we begin with how you can apply for FFMC License, it is pretty crucial to understand the actual meaning of FFMC license. Hence, in this blog, firstly we will talk about FFMC, and then, we will move on to the procedure for obtaining the Full Fledged Money Changer license. What is FFMC License? Full […]
OPC and Private Limited Company are two completely different business structures, but both are governed by the Companies Act, 2013. The concept of One Person Company (OPC) was introduced with an objective to encourage single and enthusiastic entrepreneurs to operate own venture. However, in Private Limited Companies, you require at least two members for incorporating […]
Understanding the significance of Goods Transport Agency (GTA) under GST is vital because GTA holds an extremely invaluable role under the Goods and Services Tax as well as for businesses. As the name suggests, GTA is related to transportation of goods and has certain conditions to be known as the same, which we have discussed […]
A Business Plan refers to a written guide or description of goals of the businesses. Generally, it is used by investment-seeking entrepreneurs to communicate their vision to potential investors. It provides you an insight on how you can manage your business and can make it a success. In a nutshell, it’s a description of your […]
Compliances of Nidhi Company are regulated as per the provisions of Nidhi Companies Rules, 2014. Typically, a Nidhi company belongs to the non-banking financial sector with the principal objective of borrowing and lending money among its members. Such Companies are incorporated with the object of inculcating the habit of thrift and reserve funds amongst its […]
Partnership firm is considered to be one of the most convenient forms of business, which is seen to easier to form as they only require the involvement of people to kick-start the business. Partnership firm registration process you need to adhere less compliance if we compare to other forms of business entities in India. If […]
Sole proprietorship is the easiest and the least expensive way to start a business. Most small businesses are generally sole proprietorships. But what is a sole proprietorship? Should you start such business? In this article we will discuss about what is sole proprietorship business and should they be registered. Sole Proprietorship in India A sole […]
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