With the rising number of frauds committed by Indian firms, the people have shown concern about what India’s Ministry of Corporate Affairs is doing in this regard. To help eliminate such concerns, the MCA has introduced stricter norms for designated partners and Directors of limited liability partnerships and Indian companies. MCA has come up with...
Starting a business in India and came across the terms that you never knew existed. Here is an article to explain in brief what those short forms denote and what their importance is. Permanent Account Number (PAN) Permanent Account Number (PAN) issued by Income tax department under the Income-tax Act, 1961. It is a 10-digit...
Every month your salary slip highlights a deduction towards your Provident Fund also known by the name of Employees Provident Fund (EPF). How often have you pondered whether such a deduction from your salary is valuable to you or not and if it is needed? What happens of the same if you quit or switch...
Goods and Services Tax (GST) is the newest indirect tax regime in India. It is a value-added tax levied on the supply of goods and services across the country. As GST has already affected the Indian economy since 1st July 2017, it has changed the working style of every business. GST advantages and disadvantages are...
Mayanagri or the ‘City of Dreams’ the most common name by which Mumbai is synonymous and is known to the people of India, but for many well beyond the billion strong country’s borders. Mumbai as it is claimed to be city of dreams, the claim which it states is completely true in many ways. Let us...
Our presence on Youtube
