In India, the Companies Auditors under the Companies Act, 2013 outlines a systematic process for the appointment of auditors. In the corporate world, it is crucial to ensure that the financial integrity and transparency is in the operational system of the Company. The Appointment of Auditors not only protects the interests of stakeholders but also…
Section 7 of the Companies Act is very important when it comes to starting a business because it sets the guidelines for how to start a company in India. This section defines the procedural and legal prerequisites that aspiring entrepreneurs and stakeholders must comply with in the process of establishing a new company. This blog…
In the corporate world of governance, the role of auditors holds an immense position. Auditors play a vital role in upholding the transparency, accountability, and accuracy of a company’s financial reporting. However, sometimes there is a circumstance arises, where auditors either choose to resign or need to be removed from their positions before their term…
The Place of Supply of Goods is a fundamental aspect of the Goods and Services Tax (GST) regime. This plays a crucial role in gathering GST on transactions including the movement of goods. In this article, we will provide the meaning of the Place of Supply of Goods under GST, and general and related rules…
It is essential to prepare for a smooth transition into the new financial year by addressing critical financial tasks. To follow proactive steps now one can, have a significant impact on your financial stability and success in the coming months. In this article, we will outline four tasks to complete before the end of the…
In the dynamic landscape of employee benefits and tax planning, Corporate National Pension Scheme (NPS) has emerged as a strategic tool for employers to not only offer valuable retirement provisions to their workforce but also optimize tax implications for both parties. This article delves into the concept of Corporate NPS and how it can be…
To protect public health, every entity into the food business have to make sure that the quality and safety of food products are an utmost priority. In this pursuit, the Food Safety and Standards Authority of India (FSSAI)play a crucial role in setting rules and standards for the food industry. One important aspect of FSSAI’s…
Trademarks are like a protective shield for a brand’s identity and reputation. Trademark lawyers, who are professionals in trademark law, play a vital role in getting, protecting, and defending these significant brand symbols. In a market fraught with intellectual property complexities, trademark lawyers guide trademark registration, resolution of infringement conflicts, and the strategic handling of…
In the realm of employee welfare and financial security, the term “PF” stands prominently, referring to Provident Fund. PF, managed by the Employee Provident Fund Organization (EPFO), serves as a crucial financial safety net for employees in India. It’s a savings scheme that mandates a portion of an employee’s salary to be set aside each…
Accurately calculating the Goods and Services Tax (GST) is crucial for businesses to maintain compliance and financial integrity. However, navigating the world of taxation can be quite challenging. There are common drawbacks that one must avoid. In this guide we will delve into the realm of GST calculation. Shed light on the prevalent errors that…