Limited Liability Partnership (LLP) is a body corporate formed and incorporated under the LLP Act, 2008[1] . LLP is a legal entity which has a separate identity from its partner. LLP is a newly introduced corporate entity which aimed at small and medium-sized business. Benefits of LLP LLP is a partnership where one get the […]
Succeeding in attaining a loan in India is no more a tough task if one meets the eligibility criteria but the key concern among many is to decide whether to choose a bank or NBFC for shopping of loans in India. Banks vs NBFCs Non-Banking Financial Companies (NBFCs) are both financial intermediaries playing somewhat similar […]
As we know every Food Business Operator (FBO) has to take FSSAI license Renewal as mandated by the Act. It is necessary to take license by all the FBO i.e. Manufacturer, Distributor, Transporter, Retailer etc. Food Business Operator carrying on food business or wants to commence business will have to register or take a license […]
The GST API application shall enable the business enterprises or software vendors to integrate their software with GSTN through GST portal. This will enable the taxpayer to access the GSTR information into the ERP system and perform various functions such as reconciliation, purchase register, sales register. GST API (Application Program Interface) connectors are those connectors […]
It is beneficial to GST Online Registration if you are a service provider or a freelancer as there is an increase in the threshold limit under GST which will enable them to carry on the business smoothly. In this article, we will discuss GST for Freelancers and new Startups? GST has four different slab rates of 5%, […]
The enforcement of FSSAI act has been started from 1st year of enactment of the law, but enforcement was bit slow in initial years and but after 2010 the FSSAI Department has encouraged public to provide inputs about the FBO, who are evolved in violation of FSSAI act. In this article, we discuss the what […]
FSSAI License for Food Supplements is intended to provide nutrients to provide all the necessary nutrients and also non-nutrient chemicals which are biologically beneficial to the human body. Supplements include proteins, vitamins, minerals, amino acids, and many other substances. At present, there are more than 50,000 dietary supplements available in the market. India is growing the […]
Food plays an essential role in our lives. It gives us the required energy and nutrients that facilitate healthy development and helps one to stay active. However, one must ensure that the food consumed is safe. Food Safety and Standards Authority of India certifies that the food is acceptable for human consumption. It provides an […]
A Supply chain is the network of all the organization’s, individuals, resources, activities & technology involved in the creation and sale of product starting from the delivery of raw material from the supplier to the manufacturer, though eventually its delivery to the end consumer. In this article, we will discuss the GST Impact on Supply Chain […]
The good thing about GST on retail sector is going to be huge. Indian Retail sector is one the quickest growing trade within the world. It’s expected to grow to1.3 trillion USD by 2020, registering a CAGR (Compound Annual Growth Rate) of sixteen.7% over the five years starting from 2015-2020. India is ranked as the […]