Business

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Anyone with a very small capital base and good business acumen can become franchisee, Amul said. One can take up Amul’s franchisee for earning a decent amount every month.   Do you want to own a business? What about a business...
EPFO allows employers to register digital signatures via e-mail. EPFO is of the view that due to lockdown, many employers are facing difficulties to send the one time registration requests to the regional offices in the existing scenario   To check...
The Ministry of Corporate Affairs (MCA) prolonged until September 30, the time during which new independent directors have to register with their independent directors web portal.   MCA has extended the registration deadline of independent directors in its online databank. Initially,...
The FSSAI has decided to provide additional time to FBOs (Food Business Operators) to renew their registrations and licenses, due to the COVID-19 situation. FBO licenses expiring from March 22nd -May 31st can now be renewed by 30th June,...
Startups, VCs in India request ‘relief package’ from the government to fight coronavirus disruption   India is growing and has already become the third largest start-up supporting economy. It is developing day by day and will soon become the most prominent...
It is true that you cannot continue with your business partnership for a long time. So you would look for ways to break the partnership in a proper manner. It is not easy to part ways with your business...
If you don’t live in the USA, but want to start a business there, you will need to register the company, have it incorporated and then obtain an EIN. While this might seem like a lot of work, with...
Bankruptcy is not a harassment move. It is "another opportunity" to restore your funds utilizing the assurance of bankruptcy laws. See if bankruptcy is the correct debt support choice for you. Bankruptcy is an opportunity you...
NRI or not, every individual must file a tax return if their income exceeds the defined limit. But note that NRIs are only taxed for income earned/collected in India. So, Rahul will pay taxes on income earned while in...
The Foreign Exchange Management Act (FEMA) is an act which is passed in the winter session of the Parliament in the year of 1999, replacing the Foreign Exchange Regulation Act (FERA). This act seeks to take care...
On 27th March, President Trump signed the CARES (Coronavirus Aid, Relief and Economic Security) Act to provide relief to LLCs, C-Corps, and S-Corps, among others. It has expanded the existing SBA 7(a) Loan Program to support sustained business operations. Business...
India has become a favourite destination for startups and also for globe investor across a wide array of businesses, ranging from technology to fashion and often an amalgamation of both. In modern day India, women still face...
IFRS-9 And Its Impact In India The Institute of Chartered Accountants of India (ICAI) has recently unveiled the Exposure Draft on Interest Rate Benchmark Reform-Phase 2 (Proposed amendments to IFRS 9, IAS 39, IFRS 7, IFRS 4, and IFRS 16)....
Sitharaman recently said that if the disruption caused by coronavirus extends then it would suspend the use of the corporate insolvency resolution process for sometime. The finance minister had also increased the minimum amount of the default required to...
Introduction There was a time when registering a company required a lot of effort. Thankfully, the process has become much simpler in recent years as the entire documentation process takes places on the web. Today, we take a look at...
It was announced on 3 June 2020 that Prepaid Payment Instruments (PPIs) will be subject to enhanced regulatory supervision. Supervision processes will include central banks' off-site surveillance, tracking scams, data localization and enhanced reporting standards for data breaches. This...
Agents and distributors of direct selling companies like Herbalife and Amway will no longer need to have storage facility or premises for registering with the Food Safety and Standards Authority of India (FSSAI).   Agents and distributors of direct selling companies...
The Ministry of Corporate Affairs is unveiling Spice+, the latest company incorporation form, with at least five additional formalities-EPFO, ESIC & registration of professional tax, bank account opening and GST registration-as part of a holistic plan to make it...
There is no limit on the sum a company can contribute to any political party as funding.   Why are we discussing this topic? As per the Association for Democratic Reforms, the total declared income of all the national parties for the...
A lot of legal formalities are involved while you look to establish a business. You need to follow the Govt. norms and comply with a plethora of regulations. By hiring a registered agent service provider, you can save yourself...


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