Well, if you have decided to start your cafe, then you must be aware of all the permits and licenses required to open a cafe. Generally, a cafe is a small and informal restaurant. And hence, the licensing for opening a cafe isn’t much different than the licensing required for any other restaurant. In this […]
Every business or company who wishes to start an NBFC is first required to obtain an NBFC license in India. NBFC, Non-Banking Financial Company, is a company which offers identical services as that of a Traditional Bank except issuing on cheques and Demand Drafts. Mainly, NBFCs provide financial services to both individuals and businesses. Therefore, […]
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 […]
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 […]
A bill of supply is issued by the business registered under GST. Such businesses are required to issue a tax invoice in their day-to-day business. However, there are certain instances wherein the Bill of supply is issued, although GST is not applicable to that transaction. It is also issued in cases where the Tax is […]
GST registration cancellation process is required in the cases when you’ are winding up your business due to any reason or you have received a notice from the tax officer regarding GST cancellation or in the cases described later in this blog. While searching for simple GST registration cancellation procedure, you will get myriads of […]
The food product that you purchase every day has several specific labeling on its packaging. To understand the significance of those labeling, it’s imperative to understand FSSAI packaging and labeling regulations. Hence, you are required to read this blog thoroughly to ensure you don’t miss any crucial detail regarding food packaging and labelling . But before […]
The GST with its launch impacted in both ways positive and negative. Well! This update will surely win your heart. After intense discussions, a big relief to the small taxpayers has been brought in. Usually, the tax‘s are doubled, but this time the exemption limit has been doubled. Yes! All the micro, small and medium […]
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