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India: An Attractive Destination For Businesses
February 12, 2021 / Company incorporation in India

INDIA: An Attractive Destination For Businesses

Indian economy is one among the fastest-growing economies within the world with GDP growth of around 7 – 8% and a population of over 1 billion as per International Bank for Reconstruction and Development Data (2016). The statistics show that India as of now boasts of a profitable and stable economy and has already entered …

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Food License in India
January 29, 2021 / Others

Food License in India

In India, a person or an entity proposing to start with a food business must obtain a food license or a registration from the Food Safety and Standard Authority of India (FSSAI). Approximately 90% of food products have a prescribed specification by FSSAI. Only the ocean products and therefore the production involving fishermen and farmers …

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Who Offers The Best Company Registration Services In Delhi
December 5, 2020 / Company Registration in India

Who Offers The Best Company Registration Services In Delhi?

What is company registration or company incorporation? Company Formation or Company Incorporation is that the process of registering a business as per the procedures defined by the Ministry of Corporate Affairs (MCA). The owner has the freedom to make a decision the sort of company under which the business are going to be registered. Further, …

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BENEFITS OF FILING INCOME TAX RETURN
November 19, 2020 / Taxation

Benefits Of Filing Income Tax Return

The rules & regulations concerning tax return filing in India are enumerated within the tax act, 1961. These rules are to be followed by every registered taxpayer who possesses a legitimate PAN card and files ITR during a fiscal year . ITR must be filed during a prescribed format and will be submitted with the …

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October 16, 2020 / Others

Corporate Reorganization

Corporate reorganization involves restructuring the way a company works in an attempt to avoid double taxation scenarios, improve profitability, or increase the company’s efficiency. The corporate reorganization clause is a provision contained in a company’s charter. The endowment directs mergers and acquisitions, changes in assets or ownership structure, as well as changes in corporate control. …

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Annual ROC Filings
September 30, 2020 / Others

Annual ROC Filings

Companies in the corporate world are required to comply with various requirements laid down by the Companies act, 2013. One of them includes annual ROC filling which includes filling of MGT-7 & AOC-4 which are required to be filed annually. These are called Annual filling with regard to Companies Act which the company has to …

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Loans and investment by Companies
September 15, 2020 / Others

Loans and investment by Companies

The power to invest the funds of the company is the privilege of the Board of Directors. This power is resulting by the Board under Section 179 of the Companies Act, 2013. However, the Companies Act, 2013 contains provisions for boundaries on investments that a company can make and loans it can provide to others. …

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Winding Up of Companies
September 15, 2020 / Others

Winding Up of Companies

Winding up of a company is defined as a process by which the life of a company is brought to an end and its property is administered for the benefit of its members and creditors. Winding up ultimately leads to the dissolution of the company. In other words, it refers to the situation by which …

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Statutory Registers & Records to be maintained by a Company
September 15, 2020 / Others

Statutory Registers & Records to be maintained by a Company

A company incorporated in India is statutorily required to maintain certain registers and records to comply with the provisions of the Companies Act, 2013. What are statutory registers? A Company’s statutory registers contains information regarding specific records of its shareholders, directors, deposits, loan & guaranty, etc. and are kept at the registered office of the …

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Companies Fresh Start Scheme, 2020
August 25, 2020 / Starting Business in India

Companies Fresh Start Scheme, 2020

Government of India has been making tremendous efforts in clearing backlogs/disputes/appeals under direct and indirect taxes which has resulted in the launched settlement schemes under Direct Tax (Vivaad Se Vishwas Scheme) & Indirect tax (Sabka Vishwas Scheme). On the similar lines, MCA i.e Ministry has come up with the scheme called Companies Fresh Start Scheme …

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Recent Posts

  • INDIA: An Attractive Destination For Businesses
  • Food License in India
  • Who Offers The Best Company Registration Services In Delhi?
  • Benefits Of Filing Income Tax Return
  • Corporate Reorganization

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