Business

Remuneration to Directors of a Company in India

When it comes to the remuneration of directors in Indian companies, several factors come into play, ranging from legal requirements to market trends. As a practicing Chartered Accountant and a fellow member of the Institute of Chartered Accountants of India (membership number 540126), I aim to shed light on this critical aspect of corporate governance. […]

Deciphering the Magic of SEZs: The Untapped Potential

sez

Introduction Well, well, well! Here we are, ready to dive into the captivating universe of Special Economic Zones or SEZs, as the savvy folks love to call them. You might wonder, “What’s the big deal about SEZs?” So, buckle up because we’re about to embark on a thrilling ride, unveiling the untapped potential of these

Valid Contract

Valid Contract

Introduction Contracts are the backbone of any business transaction, serving as the foundation for agreements and ensuring parties’ rights and obligations are clearly defined. Whether you’re engaging in a simple purchase or entering into a complex partnership, understanding the concept of a valid contract is essential. In this blog post, we will unravel the mysteries

Rail Vikas Nigam Limited (RVNL) granted Navratna Status

RVNL was incorporated as PSU on 24th January, 2003, with the twin objectives of implementation of projects relating to creation and augmentation of capacities of rail infrastructure on fast track basis and raising of extra budgetary resources for SPV projects. The company began its operation in 2005 with the appointment of Board of Directors. The company

UPAJ A festival of Innovation in Arts

Startup20, Atal Innovation Mission, the Controller General of Patents, Designs, Trade Marks and the Pandit Jasraj Cultural Foundation launched “UPAJ: A festival of Innovation in Arts” On the occasion of World IP Day, Dr. Chintan Vaishnav, Chair Startup20, G20 along with Ms. Durga Jasraj founder of Pandit Jasraj Cultural Foundation launched the “UPAJ: A Festival

Government launches Vivad se Vishwas scheme for relief to MSMEs for COVID-19 period, as announced in the Union Budget 2023-24

Last date for submitting claims under the scheme is 30.06.2023 The Department of Expenditure, Ministry of Finance, has launched the scheme, “Vivad se Vishwas I – Relief to MSMEs” for providing relief to Micro, Small and Medium Enterprises (MSMEs) for COVID-19 period. The scheme was announced in the Union Budget 2023-24 by Union Finance Minister Smt.

National MSME Award 2023

Introduction Well, folks, it’s that time of year again ! The much-awaited National MSME Award 2023 is just around the corner, and every micro, small, and medium enterprise (MSME) is gearing up to grab a slice of the pie. You might be thinking, “How on Earth am I supposed to win this prestigious award?” Don’t

The Ultimate Guide to Primary Agricultural Credit Societies (PACS)

Introduction The Cabinet cleared a plan for setting up 2 lakh Primary Agricultural Credit Societies (PACS), dairy, and fisheries cooperatives in the country in the next five years. Agriculture is the backbone of the Indian economy, and farmers are the main contributors to this sector. However, farmers often face a lack of credit facilities, making it difficult for them

Fueling Up on the Go: Mobile Petrol Pumps in India

Introduction: Gone are the days of waiting in line for fuel at a petrol station, nowadays, we have the option of mobile petrol pumps! This innovative solution brings the fuel pump to you, making refueling a breeze. Whether you’re a busy professional or just looking for a more convenient option, mobile petrol pumps are the

A Treasure Trove of Government Schemes for Startups in India

Introduction India, a land of boundless opportunities, has become a hotbed for innovative startups. The Indian government, recognizing the potential of these ventures, has rolled out numerous initiatives to help nurture and grow the startup ecosystem. If you’re an aspiring entrepreneur or already own a startup, you’re in luck! This comprehensive guide will walk you