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The “Standard of Weights and Measures Act, 1976” and the “Standards of Weights and Measures (Enforcement) Act, 1985” are replaced by the new statute. The Act’s provisions became operative on April 1, 2011. The Legal Metrology (Packaged) Rules, 2011 cover sold commodities and specify what information on packaged goods is intended to be made for […]
Section 29 of the Central Goods and Services Tax Act, 2017has laid down various grounds for cancellation or suspension of GST Registration. Cancellation of GST Registration indicates that the Taxpayer is no longer registered with the GST Regime, neither is he liable to claim Input Tax Credit for a valid supply of goods and services […]
The Government of India adopted the Legal Metrology Act to control weights and measures to guarantee precision and transparency in trade and business. It seeks to protect consumer interests by regulating trade activities related to weights and measures through the establishment and enforcement of measurement standards. The Registration under the Legal Metrology Act aims to […]
The implementation of the Goods and Services Tax (GST) in India has had a substantial influence on how new businesses are founded and operated in the country. GST was introduced in the country with a motto of ‘one nation, one tax’. As you plan your new entity, keep in mind that GST registration for startups […]
The senior person in top-level management in charge of overseeing the company’s financial decisions is called a CFO. Financial planning, risk forecasting and contingency planning, record-keeping, budgeting, accounting statement reporting, and other financial decision-making processes are all included in the process. A CFO is also responsible for managing the financial data from the past, present, […]
A PSARA License is issued under the Private Security Agency Regulation Act of 2005. It is an important piece of legislation that controls how private security firms operate in India. Any organization looking to offer private security services to clients including companies, municipalities, and individuals must have the license as a basic prerequisite. The PSARA […]
A copyright is a statutory right or privilege granted to the owner, maker, composer, curator, etc. of a literary, artistic, musical, dramatic, or cinematographic work that is granted by the Government. Copyright registration for bloggers is required as it signifies and ensures that no person other than the original creator shall be allowed to use […]
A copyright is a statutory right or privilege granted to the owner, maker, composer, curator, etc. of a literary, artistic, musical, dramatic, or cinematographic work that is granted by the Government. A Copyright signifies and ensures that no person other than the original creator shall be allowed to use or exploit the copyright for the […]
For organizations, managing accounts receivable presents significant issues that must be skill fully handled to preserve financial stability. Keeping track of payments, handling outstanding invoices, and guaranteeing timely collections are all part of the accounts receivable management. One significant obstacle is the problem of late payments, which can impede liquidity and cause cash flow problems. […]
A One Person Company, or OPC, is a corporate structure given under section 2(62), which can be formed with just one member and one director. The director and member can be the same person in an OPC. This type of business style was introduced to reduce the number of compliance requirements and regulatory clearances required […]
The Foreign Exchange Management Act was created by the Central Government of India to promote international payments and cross-border commerce in India. In 1999, the Foreign Exchange Regulation Act (FERRA) was replaced by the Foreign Exchange Management Act (FEMA). Major economic changes were established under the Foreign Exchange Regulation Act (FEMA) in order to address […]
The National Regulatory Authority (NRA) of India is the Central Drugs Standard Control Organization (CDSCO), which answers to the Directorate General of Health Services of the Ministry of Health & Family Welfare. In addition to establishing the necessary standards, CDSCO is in charge of approving new drugs, medical devices, and cosmetics, conducting clinical trials, monitoring […]
FSSAI is established under the Food Safety and Standards (FSS) Act, 2006. In order to carry out the duties and comply with the authority granted by the FSS Act, the Central Government formed the FSSAI. The regulatory body responsible for carrying out the FSS Act is FSSAI. The Food Safety and Standards Authority of India […]
Company registrations have grown comparatively very fast in recent times, and individuals are getting them registered to reap the benefits involved by registering their company under the Companies Act, 2013. If the company is not registered, it will not be able to reap the rewards of the policies that the government sets from time to […]