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NGO stands for a non-governmental organization, aka non-profit organization. Meanwhile, CBO is an acronym for community-based organizations. They work on the identical ground and share a common motive- the welfare of society and the people. The world has been plagued with a string of problems w.r.t social, economic, spiritual, and emotional. These organizations support the […]
A taxpayer seeking GST registration implies obtaining GSTIN from the relevant authority to collect tax and avail tax credit on his inward supplies. In this article, we will provide every bit of detail regarding documents required for GST registration. GSTIN, aka GST registration number, is a unique 15-digit number furnished by the tax authorities to […]
Whether it’s a question of attending an important meeting or completing a vital project, every employee needs to complete all the tasks on a predetermined time to ensure 100% efficacy. Violating such a requirement either kick you out of a job or left you baffled and unsatisfied. Setting up a business is still a dream […]
NGO and SHG are the types of organizations that take stand for people’s rights. An NGO carried out its operation on a broader spectrum, whereas SHG serves the society on a small level. Every system and society is afflicted with certain flaws, and these organizations take the initiative to mend them with proactive strategies. NGO […]
A public limited company is a pool of volunteers that can be formed by seven or more persons. It follows separate legal protocols apart from its members—a minimum of seven members required to establish a public limited company. However, when it comes to maximum bandwidth, there is no limit to that. This blog cum guide […]
GST was implemented in the country to alter the complicated tax framework. India’s government rolled out this tax provision with a slogan of “One Nation One Tax” to make the compliance procedure more transparent, seamless, and intuitive. This article pays attention to GST’s brighter aspects and briefs you about the benefits it offers to Start-ups […]
After getting over with the complete company registration procedure, it has been observed that employers are the main asset of any company. Whenever a firm decided to wrap up one of their main offices or units for any reason, they need to offer compensation to the top management. Section 202 explains the same concept in […]
There is a general misconception among the people that NGO and IGO are identical entities. This blog will address this area of concern and shows key differences between these two entities. So, before we dive into the main topic i.e NGO Vs IGO, let’s start the proceeding with the basics. NGO stands for Non-Governmental Organization […]
Centre for Monitoring Indian Economy has claimed the unemployment rate in India is escalating rapidly. With 27% of unemployed people on board, the country is now under the massive pressure of creating new job opportunities for needy ones. According to the fact, approx. 120 million people are already facing this unprecedented crisis. Migrants and daily […]
Have you ever come across the term Full Fledged Money Changer? Are you aware of the regulations that control the functioning of FFMC in India? Are you willing to know how foreign exchange works in India, or if you wish to set up a business that deals with money changing activities, then you are at […]
Freezing of assets of a company on inquiry and investigation defined under Section 221 and 222 of the Indian Companies Act 2013. Mismanagement and scam are quite common in companies. Picking these loopholes isn’t easy for the authority. Thanks to sections 222 and 221, which has been proved quite effective in averting these anomalies. This […]
A Forensic Audit is an in-depth examination of the financial records of a firm. This audit generally serves the purpose of the legal proceeding by jotting down key points as evidence. A forensic audit is capable of revealing such discrepancies from a company’s financial data. For example- Telemart has signed up a contract with RJ […]
A ‘Private Limited Company’ is owned either by shareholders/company members or non-governmental organizations. In India, the MCA is an authority that is accountable for regulating the Private Limited Company. Private Limited Company is regarded as one of the prominent business structure that is quite popular among the upcoming entrepreneurs. Being a government-authorized entity, Private Limited […]
NGOs are an essential part of society, and they work for the betterment of the people. They have emerged as a vital ingredient of the country’s development which embraces the needy ones and helps them grow. The majority of NGOs aim at building self-reliant development. On the other hand, civil society is a group of […]