The number of business entrepreneurs in India has been considerably increasing since the last two decades. When it comes to doing business independently, the best option opted by entrepreneurs is either Sole proprietorship or One-Person company (OPC). People often get confused with these two terms and use them interchangeably. However, these two terms are different […]
Setting up a business is the most rewarding and exciting experience for every interested entrepreneur. When you decide to start a business, you should choose the right kind of business structure. Furthermore, selecting the proper business structure is also an important decision because it has enduring implications throughout the life-cycle of your business. Hence, you […]
Generally, the concept of Reverse charge mechanism under the GST regime can be considered as complicated one. Apart from that there also exists a misconception about the GST reverse charge mechanism among the taxpayers. There have been questions and queries regarding the mechanism of reverse charge under GST. The article is a critical analysis of […]
Nowadays, the first and most important things people look for in any product are its authenticities and high quality. Rest of the criteria are secondary. Hence, to ensure the product holds a certain standard and has impeccable quality, BIS certification is a must-have thing. Therefore, if you deal in Mail Processing Machines or Postage Machines […]
The central authorities of all countries follow a certain tax structure that helps the government to collect revenue. Therefore, every country has a unique Tax Slab Rate. Moreover, people, from all walks of life, fall under the tax structure whether earning NIL or in lakhs or more than that. If you are associated with a […]
Trademark registration is the process of registering a company’s logo, brand name, etc. to secure legal protection against its use by the others. But it is not necessary that the trademark that you applied for will surely get selected. There are two circumstances wherein the concerned authority will refuse to register the trademark. Firstly, it’s […]
A financial derivative is an agreement between different parties (two or more in number) and its value is calculated or derived from an underlying group of financial assets or a single asset. These underlying assets are instruments like market indexes, interest rates, currencies, bonds, stocks and commodities. A brief history about the evolvement of the […]
As per the recent reports of Business Standard, the RBI (Reserve Bank of India) is soon going to draw up a new law or regulation for Non-Banking Financial Companies (NBFCs). NBFC’s new governance envisions the following modifications: Limits on the NBFC licensing; Curbs on the businesses of Bank-Led units; Parity/Equality in the CEO remuneration package […]
Job satisfaction, equitable distribution of work, timely payroll processing, gratuity, and the pension benefits are of utmost importance to the recruits. Research has found that if these things are ensured, employees tend to remain in the organization for a longer duration of time, and help upscale the reputation and loyalty of the organization. Considering the […]
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 […]
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