Business

India has continuously been experimenting with various measures to curb the effects of rising inflation in the country. Food is the commodity that gets hit the most, and this often has a direct impact on the economy itself. Therefore, Dearness Allowance/ DA comes in to play a vital role in protecting the everyday lives of […]

India’s Gross Domestic Product (GDP) benefits significantly from the substantial contributions of micro, small, and medium-sized enterprises (MSMEs). These enterprises employ over 110 million people. However, MSMEs encounter challenges and obstacles in their journey of growth and expansion. To address and support these MSMEs, the Indian government initiated a significant step on May 13, 2020, by

Employees Provident Fund (EPF) is a social security scheme for employees in India. Employers are required to comply with Employee Provident Fund (EPF) regulations and obtain PF registration on engaging 20 or more employees. To improve ease of doing business, all services relating to provident fund like PF registration, PF return filing and payment of PF contribution

Authorised Money Changers/ AMCs are entities who are authorised by the Reserve Bank of India as per Section 10 of the Foreign Exchange Management Act of 1999. Accordingly, an AMC may either be a Restricted Money Changer (RMC) or a Full Fledged Money Changer (FFMC). As defined by the Act, an Authorised Person essentially means

Rules Particulars     RULE 1 of the Companies (Incorporation) Rules, 2014 Short Title and Commencement RULE 2 of the Companies (Incorporation) Rules, 2014 Definitions RULE 3 of the Companies (Incorporation) Rules, 2014 One Person Company RULE 4 of the Companies (Incorporation) Rules, 2014 Nomination by the Subscriber or Member of One Person Company RULE

In India, E-invoice is a process of generating and exchanging invoices electronically between businesses and the government. The government has introduced the e-invoicing system as part of its Digital India initiative to reduce paperwork and improve the ease of doing business in the country. As per the latest guidelines by the GSTN, businesses with an annual turnover of more

Computers, laptops and printers have become vital tools for companies and individuals in today’s fast-paced technological environment. Such devices, like any other asset, have a finite lifespan and depreciate over time. Understanding computer, laptop, and printer depreciation rates is critical for proper financial reporting and tax purposes.  you should be awareof thedepreciationrate on Computer Accessories

In business, financial management is the practice of handling a company’s finances in a way that allows it to be successful and compliant with regulations. That takes both a high-level plan and boots-on-the-ground execution.When most people think of financial management, they often think of managing their own bank accounts: paying the rent or mortgage, paying

The TransUnion CIBIL Limited came into existence in August of 2000. Started as the Credit Information Bureau (India) in the financial capital of India, Mumbai, CIBIL was the country’s first Credit Bureau. CIBIL began with consumer operations in 2004 and stepped into commercial credit operations in 2006. By 2011, CIBIL Score was accessible to individual consumers as

Cost management is the process of planning and controlling the costs associated with running a business. It includes collecting, analyzing and reporting cost information to more effectively budget, forecast and monitor costs. Cost management practices can be applied to specific projects or to the company’s overall operating model. Cost management typically focuses on generating savings