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ESG Disclosures can also be synonymously used for terms like Corporate Social Responsibility (CSR) reporting, ESG reporting, sustainability reporting, etc. environmental, social, and governance (ESG) factors have become increasingly important in determining corporate strategy and performance in the quickly changing economic world of today. A company’s commitment to sustainability, moral behaviour, and accountability is reflected […]
The practice of documenting and methodically arranging financial transactions is known as bookkeeping, and it aids organizations in monitoring their earnings and outlays, comprehending their financial performance, and making wise business decisions. A bookkeeper is a qualified financial specialist who keeps track of and arranges corporate financial activities. Bookkeepers support firms in understanding their financial […]
A government’s set of guidelines, rules, and regulations for regulating the importation of products and services from other nations is known as its import policy. The goals of import policies are to safeguard home industries, control foreign commerce, maintain national security, and increase income through taxes and levies. Good import regulations can protect domestic manufacturers, […]
Accounts Payable is an essential process that helps an organization not only manage their debts, accounts, books, and financial liabilities but also optimize them as per the business requirements. The accounts payable process ensures timely payment of past-due invoices by maintaining accuracy and dependability in vendor payments. In the end, the procedure aims to ensure […]
A cheque is a type of financial instrument that directs a bank to move funds from one account to another, either in the name of the recipient or of the firm for whom the cheque was made. Payments may be made conveniently, safely, and securely using a cheque. It is a safe choice because there […]
It is important to comprehend the significance of registration. A lot of time and money is spent when a person or organization produces a new product, which entails several procedures, resources, content, etc. It is reasonable for the person or entity that created the innovation to assume the expectation of having exclusive rights to it, […]
In India, Sections 12AB and 80G registrations are crucial for charitable organizations and those wishing to support them. If qualified, Section 12AB assists non-profit organizations in registering and adhering to regulations so they can perform good deeds without having to pay income taxes. Donors who donate to qualified charities can benefit from Section 80G by […]
Private Security Agencies and training agencies in India are regulated by the Private Security Agency Regulation Act, 2005 (PSARA). Private Security Agencies in India are put under strict compliance and regulatory framework due to the sensitive and crucial nature of private security agencies. PSARA lays down the standards of professionalism, training, and recruitment of security […]
Under the Bureau of Indian Standards (BIS), the Indian Standards Institute’s (ISI) ISI Mark Certification is an essential certification. It ensures that a product satisfies safety regulations and the specified BIS Standards. The sale and manufacture of goods in India are contingent upon this certification. Many products are eligible for the ISI Mark, which is […]
The idea of extended producer responsibility is to transfer the cost of managing plastic waste from taxpayers and governments to the businesses that make and market plastic goods. The concept is straightforward: individuals who produce plastic goods ought to be accountable for the full lifetime of those goods, from manufacture to disposal. How does EPR […]
The Ministry of Environment, Forest and Climate Change (MoEFC) published the Wild Life (Transactions and Taxidermy) Rules in 2024 to regulate the trade in animal species. The rules seem to amend the Wild Life (Transaction and Taxidermy) Rules, 1973, which state that a license can be granted only for trade in animals that are specified […]
Becoming a registered non-governmental organization (NGO) is a big step toward changing society in a real way. However, the procedure is frequently rife with difficulties and dangers that could cause the NGO registration mistakes in the process to drag out or fail. NGOs encounter a variety of challenges that call for cautious navigation, from intricate […]
The Food Business Operators and sellers of food items in India are regulated and governed by the Food Standards and Safety Authority of India (FSSAI). The body is responsible for enforcing and supervising the implementation of food safety and hygiene standards by these food businesses as per the Food Standards and Safety Authority of India […]
An NGO, Trust, or Charitable Organization is a privately owned or government-affiliated entity that is set up and aims to promote social activities, such as social welfare, women empowerment, employment generation, education for underprivileged children, healthcare, and other charitable purposes, rather than making financial gains. An NGO or Trust can be formed by an individual, […]