Government benefits to MSME
MSME refers to Micro Small and Medium Enterprises, which is a branch of the Government of India, Ministry of MSME is the apex body for the formulation and administration of rules, regulations and laws relating to micro, small and medium enterprises in India. It is referred as the pillar of economic growth in many developed, […]
Different stage of funding in a Start-up
What is Startups? A startup company is a business project which is typically a newly emerged business that aims to meet a marketplace need by developing a viable business model around a product, service, process or a platform. A startup is usually a company designed to effectively develop and validate a scalable business model. How […]
Condonation for delay under the Companies Act, 2013
Why condonation for delay is required? 2. Cases where condonation is required Section 460 of Companies Act, 2013 elaborates about the matters related to Condonation of delay in certain cases, it states that notwithstanding anything contained in this Act,— B. Where any document required to be filed with the Registrar under any provision of this […]
Winding-Up of LLP
Winding up of LLP – Brief Winding up of LLP – Brief Winding up of a LLP may either be voluntary or by the Tribunal and so wound up LLP shall be dissolved. A LLP may be wound up by the Tribunal under following cases: LLP Winding up Procedure (Voluntary Winding Up) If a LLP […]
Cheque Bouncing
Talk about the Crimes and what’s in the Highlights “The Banks”, besides the Bank Frauds and Scams, one of the popular Criminal Offense related to the Banks all over the world is BOUNCING OF CHEQUE. Bouncing of a ball is a fun, but bouncing of a cheque is a criminal offence! As specified under section 138 […]
Claiming the Benefits of the DTAA Between India and Dubai: A Streamlined Approach
Claiming the Benefits of the DTAA Between India and Dubai: A Streamlined Approach To prevent income from being taxed twice, India and other nations have established international tax agreements known as Double Taxation Avoidance Agreements (DTAAs). These agreements outline procedures for taxpayers to lessen or eliminate their tax obligations in both their home country and […]
WOMEN RESERVATION BILL: WELCOMING THE NEW
“A Women of today is the most efficient Asset of Tomorrow” INTRODUCTION: In a revolutionary step towards gender equality, The President of India gave her assent to the Women Reservation Bill, on September 29, 2023, described as the “Nari Shakti Vandan Adhiniyam” by the Prime Minister. The Women’s Reservation Bill’s history trace back to 1996 […]
Liberalized Remittance Scheme (LRS)
Many people reside in foreign countries for purposes like education, jobs, etc., and often need funding from friends and family who are living in India. Earlier in 2004, transferring funds from India to another country came with grievous limitations under the Foreign Exchange Management Act, 1999 (FEMA). Consequent to which, Reserve Bank of India (RBI) […]
Concept of Due Diligence
Introduction Due Diligenceis an important process conducted by individuals, companies, or organizations to investigate and assess the financial, legal, operational, and strategic aspects of a business, before engaging into a transaction or entering into a partnership. It is a comprehensive examination aimed at gathering relevant information and evaluating the risks and opportunities associated with a […]
Gaming and their Different Accounts
Electronic game playing is referred to as Gaming, whether played on a console, computer, smartphone, or any other device. The word “Gaming” implies frequent gameplay, possibly as a hobby. Although traditionally a solitary form of relaxation, online multiplayer video games have made Gaming a popular group activity which include but not limited to e-sports, electronic […]