Any Investment plan has its own advantages, be it for a short term or long term. Investors are usually keen on investing in Mutual Funds because of the risk management. However, needless to say, these investments also come with some disadvantages. This article talks about the advantages & benefits of mutual funds. Table of Content…
Microfinance companies are financial institutions that provide finance to low-income groups where the financial burden is less than in other sectors of society. Such sectors do not have access to traditional financial institutions which include banks and other financial institutions. In this article, we will discuss Microfinance Company Registration in India Table of Contents What…
E-payments have been launched by the IT department for the online payment of direct taxes by taxpayers. As a result, taxpayers can now choose between two modes of payment for direct taxes: (I) the physical mode, i.e., payment made by presenting a hard copy of the challan at an authorised bank, and (ii) the electronic…
Handling the obligations of reporting for Micro, Small, and Medium Enterprises (MSMEs) can be a challenging undertaking. It is crucial to have a clear understanding of the complexities involved. In this complete article, our objective is to simplify the complexities and offer you clear, sequential instructions. We have gathered a list of commonly asked questions…
The Ministry of Home Affairs issued a notification on 01 June 2022 seeking to amend the Companies (Appointment and Qualification of Directors) Rules, 2014. According to the amendment, it will be mandatory to obtain security clearance for persons from countries sharing a land border with India before being appointed as directors on the boards of…
Introduction Embarking on company formation in Kolkata, the dynamic capital of West Bengal .Company Registration in Kolkata offers a compelling opportunity for rising entrepreneurs. The metropolis’s mix of a strong economy and rich culture makes it a perfect place to start a business. The way Kolkata’s history and its growing economy come together makes it…
Wondering if you have to charge and collect Goods and Services Tax (GST) on the rent you receive? GST treatment differs between residential and commercial tenancies. On the other hand, if you are running a business, then paying rent is one of those prominent expenses and you may want to know your eligibility for input…
Typically, taxes are collected by business owners on behalf of customers, who then pay the government. A reverse charge is when the buyer pays the tax directly to the government. The responsibility for the transfer of tax liability may rest either entirely with the buyer or, in certain special cases, it may be partially/jointly borne…
Gold loans have seen a quantum shift in India. This significant increase in the interest rate on gold loans is further fuelled by the COVID-19 epidemic. The low-interest atmosphere is primarily the reason for its overall vogue among Indians. Unlike unsecured loans like private loans, the interest rate on a gold loan is incredibly lower….
The Company’s name is its identity throughout its lifetime should be well thought out and constructed to be sustainable with the future growth of the company. The Companies Act governs the process of naming a company from its selection to any changes made thereafter. Let us discuss the procedure for the change of name of…