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Before moving to the Nidhi Company registration procedure in India, let’s have a glimpse on the basics of Nidhi Company. A Nidhi Company is a type of the non-banking finance company. The governance of laws and procedures of Nidhi Company is as per the Nidhi Companies Rules, 2014, along with Section 406 of the Companies […]
As there are several benefits of Nidhi company registration in India, Nidhi companies have become the first choice for small financers. Furthermore, people all across the Indian boundaries consider it the safest option for the commencement of a finance business in India. Nidhi Company Registration in India would serve the principal goal of a Nidhi […]
In order to import food products in India, importers must get an FSSAI certificate. The growth of food products business in India has been phenomenal in a few decades. Since India has always been popular as the heaven for food lovers, people of India are satiating their gustation buds with exclusive sumptuous delicacies of other […]
Before commencing a small fast food business in India, you need to equip yourself with a well-researched plan. What adds to the popularity of this business is the abundance of lip-smacking food options for the customers and managing their time as well. Quick Service Restaurant is another term for a fast food restaurant business that […]
In respect of the applicability of GST on director’s remuneration, the Central Board of Indirect Taxes and Customs (In short, known as CBIC) has released the circular for clarification on the 10th of June, 2020. All the issues regarding this matter have got cleared in CGST circular no. 140/2020. The supreme authority, i.e., directors’, receives […]
There are various prescribed offenses and penalties under FSSAI Act. FSSAI lays down several rules and regulations under FSSAI Act for the food business operators to follow the guidelines. Furthermore, it is the responsibility of FSSAI to handle food-related issues with ease. Not only acquiring FSSAI food license and FSSAI food registration is enough, but […]
The foundation of the input service distributor under GST has its roots in the earlier tax regime. Applicability of ISD is only for those entities that are having their several branches all over India under the GST regime. GST registration for all the branches is mandatory from where the taxable supply would get executed. Therefore, […]
Educational institutions under GST are those institutions that provide services through education as a part of a vocational education course that is approved, pre-school education as well as education up to higher secondary school or even equivalent, and education as a curriculum part for getting a qualification recognized by law for the time being in […]
Starting an organic food business in India is a business idea that ensures humongous growth in the years to come. The way the organic food industry is prospering, we must say that the full-fledged evolution in on the cards for this sector. Since Indians are devoting their time to upgrading their health status, the possibilities […]
Through this Write-up, we are covering the applicability of GST on Intellectual Property Rights (IPR) related services and other information related to Intellectual Property. Intellectual Property rights are not much different from other property rights. Description of this right is available in Article 27- Universal Declaration of Human Rights. These rights grant the exclusive rights […]
Chocolate business in India is on the rise due to the enormous demand for the soul satiating delight known as chocolate. The craze for chocolate in all age groups is going to soar higher and higher as every single bite of chocolate warms the hearts of one and all. Also, when it comes to igniting […]
Provisional attachment of property under GST is mainly concerned with the protection of the interests of the revenue. All the legal proceedings under several tax laws (Also comprising goods and service tax) might require a substantial amount of time. Delay could take place in the earning of revenue by the government due to the state […]
Responsibilities of food business operators are mostly concerned with adherence to essential requirements as well as following FSSAI compliance. The Indian government is too concerned about the quality of food products by analyzing whether the food business operators are complying with the guidelines of the Food Safety and Standards Act, 2006 or not. The purpose […]
In order to conduct inspection under GST, officers are granted with various rules and powers. The implementation of India’s most significant and crucial economic reform, goods and service tax got implemented from July 1, 2017. The Goods and services tax came into the picture and subsumed several taxes like central excise, VAT, service tax, and […]