Business Management
An Overview of Blocked Input Tax Credit (ITC) under GST
Introduction In the GST regime, Input Tax Credit (ITC) is an important mechanism, by which a business will claim a credit on account of tax paid on purchases or inputs so that the said credit is utilized to offset the tax liability arising from outputs. Though blocked ITC does not allow businesses under the GST […]
#goods and services#GST#ITC
Shabana A
December 19, 2024 at 08:54 AM
No-Objection Certificate for Domestic Water Boring Tube well: A Complete Guide
Introduction A No-Objection Certificate, or NOC, is a significant document for any activity. It ranges from drilling a domestic water borewell. It is said that the concerned authorities have no objection to the proposed activity and have granted permission to it. Why an NOC for a Domestic Water Borewell? • Groundwater Regulation: To ensure sustainable […]
#Business#NOC#NOC for domestic
Shabana A
December 19, 2024 at 08:43 AM
How to Obtain BIS Certification in India?
If you are planning to manufacture or sell products in India, obtaining BIS Certification is a crucial step to ensure compliance with Indian quality and safety standards. The BIS certification process is regulated by the Bureau of Indian Standards (BIS), a government body responsible for standardization, quality, and consumer protection. BIS certification plays a great […]
#BIS#BIS certification India#Certification
Shabana A
December 18, 2024 at 08:51 AM
The Rise of Virtual Kitchens in India: A Shift in the Food Industry
Introduction The Indian food industry has experienced a profound change in the last couple of years, and one of the most revolutionary that has surfaced is virtual kitchens or, as they say, cloud kitchens or ghost kitchens. They have found a niche for themselves by catering to growing demand for online food delivery. Although the […]
#Business#Cloud Kitchen#Virtual Kitchen
Shabana A
December 11, 2024 at 08:49 AM
Who Are Ineligible To Apply For PSARA Licence?
Introduction In India, security service providing agencies need to possess a valid licence granted under the Private Security Agencies Regulation Act (PSARA). However, the application for this licence may be submitted by qualified persons only. The PSARA Act of 2005 sets clear limits on who can apply for the licence and gives comprehensive qualification requirements […]
#Business#License#PSARA License
Shabana A
December 10, 2024 at 12:22 PM
Unlocking Financial Potential: Best Accounting Packages
Introduction In the finance and accounting sector, online solutions are becoming more and more crucial for financial monitoring, employee training, and labour management. Managers, accountants, and company owners commonly utilise accounting software to streamline their operations.For certified public accountants (CPAs), who assess data, statistics, and transactions to ensure the accuracy and correctness of their work, […]
#Accounting#Accounting Packages#Business
Shabana A
December 09, 2024 at 09:48 AM
Unveiling the Sweet Spot: Chocolate Business Opportunities in India
This article discusses the overall plan for growing India’s chocolate food product market. It is said that good chocolate may take you to various places. It might elevate your mood and elicit a particular feeling. The world’s most renowned and growing chocolate industry is in India. The chocolate firm has to register with the FSSAI […]
Priyanka
December 06, 2024 at 08:15 PM
Compliance Corner: Document Checklist for Microfinance Registration
Introduction The Indian government took the initiative to establish microfinance institutions to provide the people with simple access to loans. These firms provide lending services to small and medium-sized enterprises (SMEs) and other organizations who find it difficult to get bank and other large financial institution loans. As a result, this kind of company is […]
##MOA#Microfinance Registration#section 8 company registration
Shabana A
December 06, 2024 at 01:26 PM
Demystifying Indian Taxes for Limited Liability Companies
Introduction In India, corporate alliances are still getting acquainted with the taxing features and workings of limited liability companies. It is a prevalent misperception that LLCs and private limited companies or partnership organizations have the same tax features. It has been stated that after the Finance Act 2009 change, an LLC will be taxed similarly […]
#Business#llc#llp
Shabana A
December 06, 2024 at 09:19 AM
Ownership Structure Deep Dive: Trust and Individual Holdings
Introduction Settlors relinquish primary control of trust property to beneficiaries, which also results in a transfer of ownership. The destiny of the resolute owners is quiet and passive, much like that of the Trust’s property and other finances. This article addresses the legal analysis of the trust property by showing how ownership of the trust […]
#legal#Property held#trust
Shabana A
December 06, 2024 at 09:08 AM