Pankaj Tyagi

A battery is kind of a product that can be found in every household. In scientific terms, battery refers to the device that comprises the electrochemical cells with external connections that generate power for electrical appliances such as mobiles, flashlights, smart devices, etc. In common usage, the battery provides power to the clock, Television remotes, […]

In India, the NBFC sector is thriving at a rapid pace. Non-Banking Financial Companies (NBFCs) are financial avenues that facilitate fiscal services & banking facilities without having a banking license. NBFC offers services such as P2P lending, credit facilities, insurance, acquisition of shares, etc. NBFCs are playing a significant role in the development of the […]

The scarcity of land is quite prevalent in the country like Singapore. But, the government has taken a multitude of measures to mitigate such issues. Singapore has a strong trade relationship with other nations globally, including India. While the country is doing the bulk manufacturing of several edible items, it needs to import different types […]

Evolving customer’s taste, increasing competition, limited funds often make life difficult for the companies. Series of unprofitable years could drive the companies to opt for voluntary winding up. Closure of a registered establishment in India has to be done through a legal procedure. This write-up consolidates four ways through which a private limited Company can […]

When it comes to brand building, the first obstacle that many individual brand owners and companies encounter is “Making an Impact.” Sharing your brand ideology with prospects is the second most important concern in brand building. Logo instantly grabs the customer’s attention compared to lengthy taglines, and hence they are the most effective communication tool. […]

The Indian Pharmaceutical Sector is one of the significant growth stimuli for the Indian Economy. The pharmaceuticals industry is the 3rd largest in terms of volume & 13th largest in terms of value. It has now become the center stage for the manufacturing & research hub. The Indian Pharmaceutical Market is ruled by generic drugs […]

Employees State Insurance Act, 1948 regulates Employees’ State Insurance (ESI) in our country. ESI is a self-financed social security scheme that aims to safeguard employees under the regime of the ESI act. Employees of a registered firm are covered against the fiscal crunch that occurs due to health and other issues. ESI for employees aims […]

A partnership firm is a widely used business structure in India owing to its easy formation and less stringent compliance requirements. The Limited liability Partnership is an additional form of the said business structure. The procedure for registering a partnership firm in our nation differs from state to state. In most scenarios, such changes come […]

Partnership firms are set up by two or more parties who pursue the business activities based on mutually agreed terms mentioned in the partnership deed. The best thing about this business structure is that no single member will be liable to confront the entire loss incurred by a business. Since a verbal agreement lacks validity […]

A partnership firm is one of the widely used business structures in India. Most of the startup and entrepreneurs prefer this business structure due to ease of formation and less compliance. Besides, the partnership business model provides a lot of flexibility and allows partners to focus on the key business areas. Unlike sole proprietorship, where […]

Similar to tax deduction done at multiple income sources such as house rent, interest income, and salary, TDS can be done on life insurance and insurance commission payments. Section 194DA & Section 194D under the IT act, 1961 are the provisions applicable, respectively. What is the Significance of Section 194D? Section 194D encompasses payments by […]

Most individual cares about menus, wedding avenues, & wardrobes as compared to the legal side in getting married to someone.  But, most of the people were unaware of the exact process and the most important elelment of registering a marriage in NCR.  While it is simple to feel overwhelmed because you are immensely busy planning […]

Regardless of the business structure, it is essential to have a productive accounts receivable strategy in place to optimize cash flow. No business can carry its operations until it has optimal Working capital , and this is only feasible when the accounts receivable process is twisted as per the company’s situation. However, various entrepreneurs and […]

As the small-sized firm owner, you are solely accountable for ensuring that all of your financial numbers are legitimate at the end of the day. From employee payroll to spending budget, your firm income must add up. When your business requires documenting its account balance, this refers to reconciliation accounting. With all of the dynamic […]