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Ensuring everyone having fair access to medicine & drug is the fundamental concern of the Indian government. However, the right to sell & manufacture the drugs has to be given with extreme caution. Producing drugs in India is not an easy task since it is subjected to stringent rules and regulations. The Act that governs […]
The Indian Government has decided to extend the credit allotment tenure under the emergency credit line guarantee scheme, aka ECLG scheme. The decision comes as a huge relief for the credit seeker dealing with a financial crunch due to the ongoing pandemic. It would also attract more borrowers to obtain credits during the festive season. […]
Shipping vehicles from the overseas location could be an intimidating task for any new importer. If you wish to enter into the business of global trading then you must ascertain legal obligations associated with this form of business. Import Export Code is one such prerequisite that every individual has to avail who is looking to […]
CCPS is also known as Compulsory Convertible Preference Shares which is a well-recognized investment instrument preferred by Private Equity investor. CCPS is referring to as an anti-dilution or hybrid instrument. NBFC can issue CCPS without availing permission from Reserve Bank if the conversion remains well below the twenty-six percent. Henceforth, it is safe to say […]
The MSME sector is one of the biggest contributors to the Indian economy. It acts as a growth accelerator and helps in overcoming the two biggest loopholes for growth i.e. poverty and unemployment. But despite being so effective, the Micro, Small, and Medium Enterprises (MSME) have their problems and challenges that act as obstacles for […]
The consumption of tea in India is considerably higher than in most countries. As per the latest statistics, India’s tea consumption accounts for ¾ of the country’s total production. If you are interested in setting up a tea export house in the country then continue reading this blog till the end. But before we get […]
Most Startup in India doesn’t experience a smooth journey while establishing a business for international trading. There are countless requirements one has to fulfill before getting engaged with such a business. IEC for Startup is the basic requirement for starting the export business in India which also lures a lot of benefits o its holders. […]
A new TDS section 194O was unveiled in the Union Budget 2020. E-commerce has become the primary choice for traders and buyers in the recent past. With the increase in online sales, there has been a significant increase in the number of buyers and sellers who trade via online platforms (e-Commerce website). The seller must […]
Finding the best accounting firm could be a cumbersome process for a new business. The growth of the business also depends on how well it manages the accounting framework. Oftentimes, most of the businesses, smaller ones particular find it tough to manage their accounting and bookkeeping prerequisite. This is where accounting firms come into the […]
Don’t be surprised if you come across a van on the street carrying a logo of FSSAI in the upcoming days. That is the new way to create awareness among the masses. Those days are long gone when the food retailer torment you with a pack of stale or lure you with a delicious-looking burger […]
The export and import activities in India is regulated by the Foreign Trade Policy (FTP) under section 5 of the foreign trade (Development and Regulation) Act 1992. The Foreign Trade Policy 2015-20 is in effect since 1st April 2015. As per FT D&R act, the term “export” is referred to as an act of taking […]
In view of the previous notification dated 25/06/2020, the Government of India in association with the Ministry of Commerce and Industry Department of Commerce and Directorate General of Foreign Trade (DGFT) is now planning to unveil the revamped DGFT services into the new DGFT IT platform. The revamped services aim to provide paperless and digital […]
Right now our country is facing is the heat of the farmer’s protest against the three reforms- Farmers (Empowerment and Protection) Agreement on Price Assurance, Farm Services Act, Farmers’ Produce Trade and Commerce (Promotion and Facilitation) Act, and the Essential Commodities (Amendment) Act. These reforms are combinly known as Farm Bill 2020. On 27/Sep/2020, the […]
A cloud kitchen is a restaurant kitchen that accepts orders through online ordering systems. Cloud kitchens are commonly engaged in delivering food orders to the customer’s doorstep. Cloud kitchens may have an online ordering application or website for accepting orders via numerous food delivery platforms. Since these internet restaurants earn their revenue from various online […]