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Starting a partnership firm is a popular choice for entrepreneurs in India due to its flexibility, ease of establishment, and straightforward management structure. However, legal registration under the Indian Partnership Act, 1932, is not mandatorily needed in India. This means partners can come together to form a firm without registering with the Registrar of Firms […]
Get a detailed understanding of deemed public companies, including industry trends, benefits, challenges, and their future scope in the corporate world.
To make a Bharatkosh payment, visit bharatkosh.gov.in, select the ministry or department and payment purpose, enter the required details, choose a payment method, and complete the transaction. You can then download the digital receipt from the portal. Bharatkosh is the Government of India’s Non-Tax Receipt Portal (NTRP), managed by the Controller General of Accounts. It […]
The borrowing powers of a company refer to its authority to raise funds through loans, debentures, and other forms of debt to support its operations and growth. Under the Companies Act, 2013, this power is not unlimited; it operates within clearly defined legal provisions, approvals, and restrictions. A company’s Memorandum of Association (MOA) and Articles […]
To complete Punjab Pharmacy Council registration, you must register with the Punjab Pharmacy Council under the Pharmacy Act, 1948. This registration allows eligible pharmacists to legally practise in Punjab. Applicants need a recognised D.Pharm or B.Pharm qualification and must submit their documents and prescribed fee through the council’s registration system. Fresh registration costs ₹3,000, while […]
A Will is one of the most important legal documents a person can create, since it decides how their assets pass to their family after their lifetime. Will registration adds legal strength to that document by recording it with the government, which reduces the risk of disputes, forgery, and tampering. Registration is not compulsory in […]
To register with UTDB, select your business category on Uttarakhand’s official tourism portal and submit the application with the required documents and fee. UTDB registration provides official recognition to tourism businesses in Uttarakhand. It also helps ensure that tourism establishments meet the requirements applicable to their category. UTDB registration is mandatory under the Uttarakhand Tourism […]
A common seal of a company is a metal stamp used to authenticate documents and show formal Board approval for transactions. The Companies (Amendment) Act, 2015, made it optional and introduced alternative methods for executing documents. Companies can use authorized signatories or electronic signatures to execute documents. Even so, some companies still use the common […]
A business PAN card is essential for every company in India. Startups, partnerships, and corporations all need it. It is a unique 10-character alphanumeric ID (e.g., AACCR3065K) issued by the Income Tax Department. It serves as your company’s official tax ID and ensures compliance with tax laws. For LLPs and companies incorporating, a PAN card […]
Drone use has grown across aerial photography, logistics, construction, and agriculture. As their use increases, proper drone registration and compliance with Directorate General of Civil Aviation (DGCA) drone rules have become more important. The process may involve obtaining a Unique Identification Number (UIN) and securing a Remote Pilot License (RPL) where required. The DGCA classifies […]
To cancel an MSME registration, access the Udyam Registration portal, verify your enterprise using the available authentication method, and select the applicable cancellation or closure option. After that, provide the reason and supporting details, and submit the request. Udyam registration cancellation is free, and the process is handled online. Before cancelling, confirm that deregistration is […]
The doctrine of ultra vires in company law is a fundamental principle that plays a critical role in regulating corporate activities. It ensures that companies only engage in transactions and business activities within the scope of their legal authority as specified in their Memorandum of Association (MoA). This doctrine prevents companies from operating beyond their […]
Introduction Legal Metrology plays a pivotal role in ensuring transparency, fairness, and accuracy in trade by regulating weights and measures. The Legal Metrology Act was established to protect consumers and businesses alike by standardizing commercial measurements. Compliance with the Legal Metrology Act helps avoid penalties, ensures proper consumer protection, and builds a reputable business. Whether […]
To apply for NBFC DSA registration, choose an NBFC or bank, submit its DSA application with your KYC and business documents, complete verification, and sign the DSA agreement. Once approved, the lender assigns a DSA code, allowing you to refer eligible loan customers and earn commissions on successful disbursals. A DSA does not require separate […]
ESIC compliance requires covered employers to register with ESIC, deduct the employee’s 0.75% contribution, add the employer’s 3.25% share, and deposit the combined 4% contribution by the 15th of each month. Employers must also maintain prescribed wage and attendance records and complete the applicable half-yearly return requirements. Beyond contributions, ESIC compliance covers the entire contribution […]
The difference between a partnership and a company lies in their legal status, liability, ownership, management, and compliance requirements. A partnership offers a simpler and more flexible structure, while a company provides a separate legal identity, limited liability, and a more formal governance framework. The partnership and company difference affects how owners manage the business […]
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 of 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 […]
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 highly profitable franchise business ideas in India. […]
The garment tailoring industry in India is thriving in 2025, thanks to the growing demand for customized, well-fitted, and stylish clothing. A Garment Tailor Business in India is a lucrative venture, whether you’re offering ethnic wear, corporate attire, bridal outfits, or contemporary fashion. With the right setup and strategy, tailoring businesses can cater to a […]
With the increasing demand for quality education, starting a Coaching Institute in India has become a highly popular and profitable venture. To start a coaching institute, you must decide on the business structure, premises, staffing, and fee model. The legal part also comes into the picture with applying for registrations or licences as needed. The […]
Mobile phones are an important part of everyday life in India, and demand for smartphones and accessories continues to create opportunities for local retailers. The Indian mobile market reached $48.2 billion last year, in 2025, reflecting the scale of the market and the opportunity for mobile retailers. Starting a mobile shop requires more than stocking […]
With India’s push towards a greener and more sustainable future, Electric Vehicle (EV) Startups are at the forefront of revolutionizing transportation. As third-largest emitters of CO2 globally (3.15 to 3.2 billion tonnes), India has recognized the urgent need to tackle vehicular pollution, which contributes substantially to climate change. The government’s emphasis on EVs, through incentives, […]
Coir is made from coconut husks. It is used to manufacture products such as mats, ropes, yarn, brushes, cocopeat, and other eco-friendly goods. India has a well-established coir sector, supported by the Coir Board under the Ministry of Micro, Small and Medium Enterprises (MSME). The Coir Industry (Registration) Rules, 2008 provide the registration framework for […]
To start an HR consultancy in India, choose a suitable business structure, complete the required registrations, and set up the systems needed to deliver HR services. You can operate as a sole proprietorship, LLP, or private limited company, depending on your scale, ownership, and growth plans. For domestic HR consulting, the entry requirements remain relatively […]