The audit is associated with examining the company's accounts to determine whether the company's accounting records are correct, and its functions are legal. People often get confused about the object...

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If a person is unable to file their Income Tax Return by the due date, the last date for filing income tax returns for AY 2021-22 is March 31, 2022, according to Section 139(4). Section 139(4) states ...

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By going to your favorite restaurant, you can get a sense of how the food industry is changing. A swarm of people wearing orange or red t-shirts would be chattering and waiting at the door. This is a ...

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Debts are generally not so good in most of the cases. Some debts, however, are beneficial. These good debts are used to fund a startup's early years. A venture debt, also known as venture lending, is ...

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For a startup, an NDA (Non-Disclosure Agreement) is one of the most followed types of legal documents. It is not only for Intellectual Property Rights, but also to keep internal business models and op...

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'Time is Money,' as the saying goes, and this is especially true in today's world. With the rise of startups and the proliferation of funding options, entrepreneurs should be clear about when they wan...

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India has one of the world's third largest startup ecosystems, with the vast majority of startups emerging in the technology sector. Thriving start-ups are driven by passionate entrepreneurs who are c...

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The Startup India Scheme is a Government of India initiative aimed at encouraging the development and innovation of products and services, as well as the creation of job opportunities across the count...

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What is a Limited Liability Partnership is a common question in business studies. It is a broad concept that is an essential component of partnership norms. The LLP, or Limited Liability Partnership, ...

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This blog will explain how to convert a Private Limited Company to an LLP. To understand this, we must first understand the LLP Act's eligibility criteria. This law establishes the policies for conver...

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The implementation of GST (Goods and Services Tax) has resulted in significant changes to the Indian taxation system. It has empowered both the state and the federal government to levy taxes on goods ...

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A business-friendly environment is required for a country's economic growth. A country like India, which is one of the world's fastest developing country, has the potential to outperform the world's l...

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LLPs, or Limited Liability Partnerships, are gaining popularity due to the proposed business model, which provides long-term benefits. Because this system is a hybrid of partnership and corporate busi...

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Finding a good name for your business is critical because you want it to be iconic and simple to remember. If you choose the wrong name for your product or service, you may have difficulty attracting ...

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Smartphones are rapidly altering the way millions of people around the world conduct business. Mobile phones have the potential to improve almost every aspect of our personal and professional lives. M...

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RBI hiking India’s repo rate to 5.4% is making national headlines. However, most of us are unaware of how the repo rate functions or even its impact on our daily finances. In this article, we de...

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It is difficult to run a small business. Small businesses struggle to be GST compliant because they have fewer resources (money, time, and personnel). While the government is working to make things ea...

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Form 30B is one of the basic compliance requirement under Income Tax Law that assists non-residents when departing India. Individuals should obtain an income tax clearance certificate, also known as a...

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Startups are new, fast-growing companies founded by one or more entrepreneurs. They are still in the early stages of development, with few resources and experience. Even though the Indian government h...

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As India aspires to become a $5 trillion economy by 2025, Special Economic Zones (SEZ) become far more relevant than ever before. Imagine a large industrial area - full of the latest manufacturing eq...

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A Company is a legal body founded by an individual or a group of individuals to manage a commercial or industrial enterprise. It can be both private and public. A corporate body, such as a public corp...

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The implementation of the Goods and Services Tax (GST) after a decade-long deadlock is a welcome step for Indian small and medium-sized businesses (SMEs). India's approximately 51 million SMEs are cri...

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To maintain a company's organization in the financial market, which has such complicated operations, regulations, policies, and laws must be implemented (and followed). Banking Compliance is one of th...

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Many Industry Professionals have stated that the Globe would never be the same as it was before the Global Pandemic. Many Analysts define the phrase "New Normal" as a socially distant environment that...

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The General Data Protection Regulation, abbreviated as GDPR, is an essential component of enterprises who provide products or services to European people. To comply with the GDPR and avoid massive dat...

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The Indian economy offers unparalleled prospects. In the midst of an economic pandemic, India had a 27 percent increase in Foreign Direct Investment (FDI) in 2021, while all other G20 Nations suffered...

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Introduction Students our age have more costs than our parents did. There is no doubt about how pricey goods are nowadays. Take, for example, our online expenses or our everyday expenses. As a result...

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When it comes to expanding or inventing, some businesses prefer to bootstrap. Using revenues from internal operations allows owners to keep their company's equity while reinvesting profits in new succ...

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All businesses flourish by solving real-world problems, but most people don't know where to begin. How do you choose the items or services that will become your problem-solving businesses? Here's a c...

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The term FinTech has evolved over the last several years from a buzzword among tech-savvy company leaders to an organized sector defined by rapid growth. Digital technology, and its financial avatar, ...

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An entrepreneur is someone who develops ideas, products, or services to tackle global problems. Every individual's entrepreneurial route is unique, but all successful entrepreneurs must be prepared fo...

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Throughout history, the vast majority of humanity worked because they had no choice. Many found comfort, purpose, and significance in their efforts, but others saw work as a necessary evil to be avoid...

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Start-ups are relatively young in India, and they are attempting to survive, and sometimes succeeding, in the Indian ecosystem. The idea of start-ups has appealed to the country's youthful innovators ...

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You have a full-time job, with significant other, and two children at home. You want to make time for work, family, yourself, and your side employment so that it can grow into a full-time business. Ho...

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Nowadays, we are all connected, and technology has become critical to company efficiency. Companies today recognise the importance of incorporating technology into their overall business strategy in o...

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What do the end of December and April 1st have in common? It's that easy! It is the commencement of the New Year, either the Calendar Year or the Financial Year. So, what do we all do at the start of ...

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MSME MSMEs in India generate almost 8% of the country's GDP, approximately 45 percent of manufacturing output, and approximately 40% of exports. It would not be incorrect to call them the "backbone o...

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When you first start a business, your primary goal is to create your brand and begin growing. Regrettably, this does not happen overnight. Growth is a constant process that involves hard work, patienc...

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In today's world, when technology and competition are continuously rising, it is critical to build a brand identity for any corporation, organisation, or business. When a corporation or business produ...

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Raising startup finance is an exciting and trying period for a firm. The CEO seeks investors, loans, grants, and other types of finance to assist their company's growth. If the firm is successful, it ...

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So, what exactly is compliance and why is it so important? Compliance is one of the most important aspects of any business, yet many owners are unclear of what it is and how it may benefit them. In bu...

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Entrepreneurship is an appealing concept for many individuals, but figuring out how to start a business can be intimidating at times. What should you offer? To whom should you sell? How are you going ...

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Bravo! You managed to set up your startup and launch the product in 2021. What next? Let 2022 be about keeping the growth graph vertical instead of horizontal. Running a startup isn't easy as each day...

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CHARGE:   As per section 2(16) of the Companies Act, 2013, “charge” means an interest or lien created on the property or assets of a company or any of its undertakings or ...

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PRODUCER COMPANY FORMATION & ITS COMPLIANCES Producer Company is formed for the benefit of members of producer Company and its foundation has been laid on the mutual assistance to its members. Th...

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Introduction Intellectual Property Rights (IPR) have reached a position from where it plays an important role in the development of the global economy in the last two decades. In the 1990s, unilatera...

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Introduction   Compounding an offence is a method of settling a case in which the offender is offered the option of paying money instead of facing prosecution, thus avoiding a lawsuit. Compoun...

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Any company that wishes to change its Memorandum and Articles of Association must follow the requirements of the Companies Act, 2013 and the regulations promulgated thereunder. The Company can alter i...

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