Government is assisting MSMEs in all possible ways and providing them various benefits for the development of country’s economy. Government is providing additional benefits to them through NSIC (National Small Industries Corporation) registration. To avail more financial, marketing, technological and PCR benefits, NSIC registration is mandatory and it also assures that you are serving best […]
EPF, an acronym stands for Employees Provident Fund states that welfare of the employees is the welfare of the company. It is absolutely true that your company will definitely grow if your employees are happy. For the welfare of the employees, government introduces various schemes and EPF in India is one of them. It provides […]
In India, several fire accidents took the lives of people. Like, The cracker factory accident in Telangana took the lives of 10 workers, The Viraat Hotel, Lucknow, gas leakage accident, Bawana Accident and several other terrifying accidents happened last year in our country. To prevent these kinds of fire contingencies, the government ensures that the […]
The food business is definitely preferable by every foodie entrepreneur. They always want to show their love and passion for food through their delicious food and creative presentation. Thus, they prefer to open eating houses like restaurants, cafes, stalls, etc. To open an eating house, they should acquire an eating house license for their business. […]
In this era of Private Limited Companies, every existing business entity or start-up wants to register as a Private Limited Company. The reason for the same is the basic eligibility criteria and documentation. It is totally a delusion that registration under Private Limited demands huge investment. In this article, we will discuss the minimum paid-up […]
Nowadays, societal welfare is a major concern for all of us. There are only a few companies who are operating with a motive of society’s welfare. The government is providing certain privileges under Section 8 of Companies Act, 2013 (earlier it was Section 25 of Companies Act, 1956) to all those companies who are working […]
FFMC, an acronym used for Full-Fledge Money Changer, is the third category of Authorized Dealer (AD) of AMCs (Authorized Money Changers) apart from AD- Category 1 (Banks) & AD- Category 2. This license is issued to those business entities whose main purpose is to undertake all money changing activities and foreign exchanges. This is issued […]
Finally, the most awaited Union Budget 2019 of Second Modi Government is out. Finance Minister Nirmala Sitharam has presented the budget 2019 in the Lok Sabha on July 5, 2019. You can find the highlights and a detailed overview of the budget here. So continue reading until the end so that you don’t miss any […]
In India, there are two companies that are limited by shares; Private Limited and Public Limited Company. Public Limited Company is a company whose securities are traded in the stock market and could be sold to anyone. It is also called Publicly Held Company. In this company, the members have to follow strict rules and […]
In India, all the petty retailers, traders, small scale entrepreneurs, etc. register themselves as Sole Proprietor of their firm as they solely want to own their firm without distributing profits among their partners. A sole proprietorship is also called “One Person Company” where there is a single owner who manages all the assets, debts, financial […]