A joint venture is generally understood as technical and financial collaboration for the purpose of some projects fulfillment with existing companies. Companies lacking in some aspects such as technology, knowledge, assets or reach to the …

This article is meant for the ‘startups’ who wish to enter into the market after having the sound business plan and wants to raise the funds for bringing their plans into reality. But the first step in order to approach is preparing the ‘I…

Micro, Small & Medium Enterprises Development (MSMED) Act, 2006, was introduced to encourage Micro, Small and Medium enterprises and facilitate their development in the competitive markets. The government through various schemes, subsidies…

If you want to apply for GST but not aware about the concept of GST in India then let’s have a look as before applying for GST registration, one should clearly understand the new tax regime. GST was implementing on 1St July 2017 in India. …

TAX AUDIT is review of accounts of the business organization or an individual in respect of income and deductions. Section 44AB under Income tax contains the provision for conducting the TAX AUDIT which aims to ascertain the compliance of …

In order to know what is TDS return filing. Firstly, we should know …………... What is TDS? It’s an indirect tax collected by the government where individual is liable to deduct a certain percentage from the payment such as salary, commission…

For carrying the legal business, drugs shall be manufactured, sold or distributed by obtaining the drug license issued by State Drugs Standard Control Organization. Drug license is a permission granted by the authority under the Drugs and …

INDIAN MARKET ANALYSIS IN TOURISM AND HOSPITALITY INDUSTRY Hospitality industry provides accommodation & entertainment services, accounting food and beverage, event management and above all guest satisfaction.India has been recognized as a…

The real estate sector was largely unregulated in India before the introduction of RERA. With a view to organize, regulate and promote this sector Real Estate Regulatory Authority (RERA) was established as per the Real Estate (Regulation &…

But stuck with the compliances, permission and license from the government. No doubt there are various compliances for doing the same under different laws but here we will provide you with the information related to IEC Registration Code r…

Whenever you want to run any business there are various licenses issued by the Government depending on the sector it deals in. But today we are going to brief on one of the license required before setting up the premises is Trade License. …

Pharmacy business is ideal business. It is the business which is not affected by the monetary cycles.Increasing developments in the hospitals has also lead to the increasing demand for pharmacies. E-commerce companies and e-health companie…

According to section 44AB of the Income Tax Act, following are mandatorily required to get their accounts audited: An individual engaged in business with Rs.1 crore and above as the annual turnover of business. An individual engaged in any…

Basic provision is that person who fails to file the TDS return or does not file the TDS/TCS return by the prescribed due dates attracts a late filing fees as has been provided under section 234E. Also shall be liable to pay a penalty unde…

Micro, Small and Medium Enterprises (MSME) has been a backbone of the economic growth over the last few decades. MSMEs play crucial role in providing large employment opportunities on low investments thereby reducing the major employment p…

The acronym GST stands for Goods and Service Tax. It is a destination based tax. It is based on the basis of consumption of goods and services. It is levied from the first stage i.e. right from the manufacturer till the last consumer. The …

A trustee can be any individual or body corporate who is capable of holding property and competent to enter into a valid contract. It is mandatory to register the trust deed if it is a charitable or religious trust. The Trust Registration …