Pankaj Tyagi

In the corporate landscape, a subsidiary refers to an entity that is owned and controlled by the parent company. Usually, such companies do not have control over half of their stock because the parent company holds it. Technically, where a subsidiary is 100 per cent owned by another company, such entity is known as a […]

Companies and LLPs operating pan India are mandated to adhere to annual filings norms cited under the Companies Act, 2013 and the LLP Act, 2008. The filing with the ROC should be done annually or on the occurrence of certain events. ROC Compliance Calendar Companies and LLPs must adhere to the filing-related norms and respect […]

Environmental Clearance (EC) for the certain project has been made compulsory by the MoEF, i.e. Ministry of Environment & Forests, via its notification released under the norms of Environment (Protection) Act, 1986. In view of prolonged experience in the Environmental Clearance process as well as the demands of concerned stakeholders, the MoEF rolled out a […]

SCOMET is an abbreviation for Special Chemicals, Organisms, Materials, Equipment, and Technologies. SCOMET products are dual-use items that can be utilized for civilians as well as military applications. India’s FTP governs the exportation of items failing under the SCOMET list. The exporter is required to secure a license from DGFT, i.e. Directorate General of Foreign […]

Udyam Aadhaar Certification serves as the growth-oriented certificate for entities falling under the MSME sector. With this certificate, the entities can claim several benefits, including protection against delayed payment, access to government tenders, availability of easy credit, etc. This write-up will explore all the benefits available under the Udyam Aadhaar Certification. Before exploring the main […]

Form 20A refers to a declaration required to be filed by the company’s director at the time of commencement of a company. It ought to be validated by a practising CA or CS or a Cost Accountant.  Latest News regarding Form 20A As per the latest notice released by MCA[1] on 11th January 2022, the […]

Massive quantum of plastic waste shall become an uphill task if there is no solution. The prevailing widespread terms for reducing plastic waste are Reuse, Reduce, and Recycle. Reuse refers to a repeated utilization of plastic particles. Reduce is by minimizing the purchase or utilization of plastic items, particularly disposal products. Recycle is by recycling […]

RoDTEP is an abbreviation for Duties and Taxes on Export Products. It is an exporter-benefit scheme that came into effect on January 1st, 2021. RoDTEP came as a replacement for an erstwhile scheme called MEIS (Merchandise Exports from India Scheme). This scheme ensures that the Indian exporters receive refunds against the paid taxes and duties. […]

The NIRVIK Scheme is introduced under the Export Credit Guarantee Corporation of India. The scheme aims to provide high insurance covers lingered with reduced premium to eligible exporters in India. The scheme came to effect on February 1st 2020, after being announced by the honorable Finance Minister. It aims to boost the export of the […]

There are so many industries in India that emit hazardous pollution into the environment. Some of the prominent industries that discharge excessive pollution mainly belong to paint, fertilizer, chemical sector, etc. The legislation that regulates these industries is known as Hazardous And Other Wastes (Management and Transboundary Movement) Rules, 2015. This blog seeks to discuss […]

Transport and Marketing Assistance (TMA) Scheme is rolled out GOI for agricultural products. Under this Scheme, the GOI has slashed the transportation cost of specific farm products. It fundamentally implies that the Government shall reimburse the price inflation relating to fright cost to make Indian Agri products competitive in the international market.  Further, GOI also […]

Production Linked Incentive Scheme for Food Processing Industry seeks to support the creation of global food manufacturing champions, advocate Indian brands, escalate job opportunities relating to off-farm jobs, and ensure remunerative prices for farm produce and healthy income for farmers. The GOI implemented this scheme on March 31st, with an outlay of Rs 10,9000 crore. […]

Market Intervention Price Scheme is the government-backed initiative that helps growers counter price deflation for their commodities during the peak period. With this scheme, farmers can ensure good sales despite stringent competition and price inflation.   What are the Key objectives of MIPS Scheme? The fundamental goal of MIPs is to prevent farmers from encountering […]

Food Safety and Standards Authority of India (“FSSAI”) functions as per the guidelines of the Food Safety and Standards Act, 2006. The said Act governs the food supply chain, such as production, processing, transport, storage, and marketing and sale of goods. Further, the Act mandates FBOs to avail applicable licenses from FSSAI as per their […]