Learning / / Page 69
Establishing a new business can be a daunting errand for anyone. Starting from tedious paperwork to the procurement of manpower, one has to look into every aspect of a business model while taking the budget and foreseeable liabilities into account. If you aren’t in the condition to predict the best business models, then Sole Proprietorship […]
GST portal has rolled out an important feature that allows the composition taxpayer to fill the GSTR-4 annual return form offline. The newly embedded feature is incorporated for taxpayers’ ease, who often fails to file the return due to lethargic server response. The offline form is available in the Excel-based format allowing the taxpayers to […]
Sole Proprietorship is regarded as one of the most popular business models in India. It is easy to form and requires less registration formalities from any authority. It is suitable for entrepreneurs whose intension is to work independently without any legal obligations. Sole Proprietorship business model gives the complete authority to an individual to run […]
Sole Proprietorship is the simplest business form that can adapt by anyone without interfering with stringent compliances. It is perhaps the most convenient form of business that defies any connection with the specified law. Unlike mainstream business forms, Sole Proprietorship could be set up with minimal paperwork and process. Let’s move forward how you can […]
If you are willing to make a significant investment in Microfinance business, this would probably be your best bet. Microfinance business is thriving rapidly ever since it gets a much-needed boost from the government. But colossal success should not be the only criteria for selecting a particular business model. For long-term sustainability and profit, one […]
The adoption of any business model in India requires registration under the relevant authority. Whether you want to commence a manufacturing unit of electronic items or form a finance company, registration is the primary requirement for all business nature. Anyway, in this blog, we will be looking into the document For Registering Microfinance Company. Microfinance […]
Microfinance companies come under the category of financial institutions that render monetary aid to low-income groups. Since the launch of the RBI-driven financial inclusion program, the growth of the microfinance companies has been skyrocketed. These companies aim to provide hassle-free financial aid to the group of people who don’t have access to renowned financial institutions […]
If you wish to ensure your organization’s prosperity, it’s crucial to maintain harmony with the required compliances. Nearly every establishment in India is required to register under the trade license. It is mandatory for all the organization who all is willing to work within the landscape of the law and wants to reap taxation benefits […]
It’s a well-known fact that every establishment in India, whether small or large, needs to avail Shop and Establishment License mandatorily. The price and regulations of this license vary from state to state. In Maharashtra, the shop and establishment license is recognized by the name Gumasta license. If you are about to lay a foundation […]
A trade license is a legal certificate that allows the entities to conduct specific business at a particular location. Businesses and traders compulsorily need to obtain a trade license to conduct their business licenses. Those who have recently laid the foundation of their business can hop on to the respective municipal corporation’s portal and fill […]
On Saturday, the Indian Government widened the ambit of the MSME credit scheme by incorporating credit for professionals like lawyers, doctors, and CAs. The twisted scheme also doubles the upper ceiling of loans outstanding, which previously existed at Rs 25 crores. The decisions seem to be a result of frequent demands made by the trade […]
Businesses in India are more likely to operate without mandatory compliances for the sake of extra profit. Those who indulge in such activities sooner or later bust by the respective authorities and enforce to pay hefty penalties. The trade license is one such requirement that every business entity needs to avail without exception. If you […]
Trade license is a must-have requirement for every business entity that aims to generate profit through its operation. Businesses that strive to operate without this license might encounter significant penalties imposed by the municipal corporation. In general, a trade license is compulsory, and it must be availed within 30 days from the commencement of the […]
Trade License introduced in the country about four decades ago. It is primarily availed by those entities that operate in specific regions and serve a particular purpose. The issuance of this license is under the authority of the state government. A trade license authorized the entity to conduct specific business activities within the prescribed establishment. […]