🔊 Play The Central Government in the exercise of powers have introduced the COMPANIES FRESH START SCHEME, 2020 (CFSS-2020), It shall facilitate the companies registered in India to make a fresh start. This scheme aims at providing a one-time opportunity to enable defaulting companies to complete their pending compliances by filing necessary documents in the Ministry […]
APEDA REGISTRATION: Is it mandatory for export of agricultural goods?
🔊 Play APEDA is the commonly used abbreviation for Agricultural & Processed Food Products Export Development Authority it is a government organization established through the Agricultural and Processed Food Products Export Development Authority Act passed by the parliament in the year 1985 for the development and promotion of export of scheduled products. Scheduled products are […]
WHY COMPANY COMPLIANCE IS IMPORTANT?
🔊 Play As per The Companies Act, 2013 there are some mandatory Company compliances that need to be documented by every Company. These ROC compliances are essential. Any slack will prompt heavy penalties, punishments and other lawful issues relating to the Company. There are mandatory forms that are to be recorded alongside indicated documents and […]
Types of Business Entities in India
🔊 Play Proprietorship Firm Registration Partnership Firm Registration Limited Liability Partnership Registration One Person Company Registration Private limited company Registration Lets understand the basics and important factors on all above kind of Business registration: PROPRIETORSHIP FIRM REGISTRATION IN DELHI Proprietorship firm registration is the simplest form of Business registration where the responsibility is only on […]
INCORPORATING A COMPANY IN INDIA
🔊 Play There have been major changes in the process of Company registration with the Ease of doing Business initiative which has simplified the process of incorporating a Company in India, Company Registration being a recommended form of business structure as it suits everyone’s needs. While registering a private limited Company minimum two people/ promoters […]
DIRECTOR IDENTIFICATION NUMBER
🔊 Play DIN is the abbreviation which is used for Director Identification Number. DIN is issued by Ministry of corporate affairs (MCA), Government of India. All the existing or intending Director has to obtain DIN within the prescribed time frame. Upon making an application in the DIR-3 form as mentioned under section 153/154 of the […]
SPICE PLUS COMPANY PROCEDURES
🔊 Play The Ministry of Corporate Affairs has launched a web-based form for Company registration in India known as the Spice Plus Form i.e. Spice+, the form is available on the MCA portal with effect from 23rd February, 2020. This move is aimed to further simplify the Company registration process and provide the user with […]
INDIA EMERGED AS THE 5TH LARGEST ECONOMY IN WORLD SURPASSING U.K. & FRANCE
🔊 Play SOON INDIA WILL BECOME THE WORLD LARGEST ECONOMY World Population Review: US Think-Tank According to the world population review, a United States of America (USA) think-tank openly declared that leaving behind UK & France, India has become the 5th largest economy in the world. According to the world population review, both the economies […]
Highlights of Budget 2020
🔊 Play A. Tax for individuals: A new tax regime, a person can move to a new tax slab structure which has 5 tax slabs however he cannot take any tax exemptions. The new tax slab structure has lower marginal tax rates for income up to Rs 15 lakh, when compared to the tax slab structure […]
Steps for starting a business in India?
🔊 Play The first step before starting a business in India is to choose the right business structure. A right business structure is one which compliments the business of the entrepreneur. The available business structures in India are as follows: Sole Proprietorship Partnership Registration Company Registration Limited Liability Partnership Being the most important step one […]