Business Management
Difference Between Partnership and Company: A Complete Guide
When starting a business, one of the most critical decisions entrepreneurs face is selecting the right legal structure. The difference between partnership and company plays a crucial role in determining taxation, liability, ownership, and operational control. Whether you choose to establish a company vs partnership firm, each structure comes with its own set of advantages, […]
#Business Entity Comparison#Company vs Partnership Firm#Legal Structure for Business#Partnership vs Corporation#Pros and Cons of Partnership
Manikuntala
February 20, 2025 at 10:06 AM
How to Register for an Import Export License
Introduction In today’s interconnected world, international trade has become a cornerstone for economic growth. For businesses planning to import or export goods and services from India, obtaining an Import Export License is crucial. This license is formally known as the Import Export Code (IEC), a unique 10-digit code issued by the Directorate General of Foreign […]
Varnika Gupta
February 15, 2025 at 10:17 AM
LLP Winding Up Process: Step-by-Step Process
At some point, partners of a Limited Liability Partnership (LLP) may decide to shut down operations due to financial constraints, inactivity, or strategic changes. Winding up an LLP is a legal process that ensures the proper dissolution of the business, settling liabilities and complying with regulatory requirements. If an LLP is inactive but not officially […]
Manikuntala
February 15, 2025 at 08:19 AM
How to Convert a Private Limited Company into an LLP?
For many small businesses in India, managing a Private Limited Company (Pvt Ltd) can feel like juggling too many things at once. From endless board meetings to complicated tax returns, compliance can often feel like a heavy burden. According to a 2023 survey by the Ministry of Corporate Affairs (MCA), over 68% of small businesses […]
Shabana A
February 15, 2025 at 06:31 AM
TCS in Income Tax: Basic Concepts and List of Goods Covered
Tax Collected at Source (TCS) is a vital mechanism in India’s tax system, under the Income Tax Act.TCS mandates that the seller of certain goods or services collect tax from the buyer at the time of sale, which is subsequently deposited with the government. This ensures an upfront collection of taxes and helps reduce tax […]
Riddhima Singh
February 10, 2025 at 07:51 AM
The Hierarchy of Designations in a Private Company
Understanding the designation hierarchy in a private company is crucial for structuring management roles and responsibilities effectively.
Vanshika
February 10, 2025 at 07:16 AM
How to Differentiate Between Business and Profession: A Detailed Guide
Understand the distinctions between business and profession in terms of income, taxation, and operations.
#Difference between business and profession in income Tax#Difference between business and profession with examples#Difference between employment and profession
Varnika Gupta
February 07, 2025 at 05:21 AM
What is Form 60? Everything You Need to Know About Its Purpose and Filing
Form 60 is a crucial document for taxpayers in India. Learn everything you need to know about Form 60, its purpose, and when to use it for income tax filings. Understand the importance of this form and how it impacts your tax compliance.
#what is form 60
Rashmi Jeena
February 07, 2025 at 05:14 AM
25 Highly Profitable Ideas To Make Best Franchise Business in India
India’s entrepreneurial ecosystem has witnessed remarkable growth in recent years, driven by the surge in consumer demand and the increasing popularity of franchise-based businesses. As the market matures, more people are seeking proven business models that provide a pathway to success. In this blog, we will explore the top 25 highly profitable franchise business ideas […]
#best franchise business in India
Shabana A
February 04, 2025 at 01:06 PM
How to Write a Canceled Cheque: A Step-By-Step Guide
A simple guide on how to write a canceled cheque and its uses in banking and financial transactions.
#Canceled Cheque#Write a Canceled Cheque
Subhodeep
February 03, 2025 at 01:32 PM