Private Company Registration in India – Features, Eligibility Criteria, Benefits, Process, Documents Required, Post Compliances after Incorporation
Overview Starting a business of your own could be an exciting as well as a nerve-wracking situation for you, after all, it’s a big responsibility. However, at the same time, it is highly recommended for you pick a business structure that could allow you maximum benefits and save your energy to focus on growing your...
LLP Registration in India – Features, Pre-Requisites, Process, Time Involved, Documents Required, Advantages, Amendments
Overview The Companies Amendment in 2013 which replaced the previous Companies Act 1956 on 29th August 2013, introduced some novel concepts intending to encourage entrepreneurship & facilitate “Ease of doing business” & instill the values of corporate governance among business entities in India. Accordingly, one of the key changes introduced by the Companies Act 2013...
GST Registration in India – Meaning, Types, Benefits, Process, Time Involved & Validity, Documents Required, Penalty
Overview The Goods & Services Tax was introduced in the year 2017 to address the inconsistencies & complexities in the previous tax regimes and offer an inclusive environment for start-ups & businesses under its Ease of doing business scheme. Therefore, the Goods and Services Tax is a value-added tax levied on the supply of goods...
GeM Registration in India – Features, Process, Documents Required, Benefits
Overview Public procurement is a method used by state-owned enterprises and government departments to purchase services and goods for their operational needs from private businesses. But, at times there are higher chances of collusion or corruptive practices taking place in the process. Hence, the Govt of India launched the Government E-Marketplace, an e-marketplace for public...
All you need To Know about the New MCA V3 Portal – Introduction, Login & Registration, Types, Changes, Differences
Overview In recent years, the Ease of Doing Business has gained special importance for businesses among the most developed economies of the world. Similarly, the position of India in terms of Ease of Doing business has changed drastically in past few years. According to a study made by the World Bank, which studied countries based...
BillDesk- The Pioneer of Payment Gateways in India!
With the advent of the internet & advanced payment technologies, the process of receiving, transferring payments & storing bills, has been easier than ever. The online payment gateways & aggregators industry has been estimated to be growing with a CAGR of 9.18% over the estimated period between 2020-2026. While the payment gateway industry was valued...
All about Profit & Loss account for Startups
If you’re an entrepreneur looking to start a business of your own or to seek finances for your venture, you may probably be worried about the accounting& book-keeping involved in the process. However, it is not as hard as you might feel. You will be needed to familiarize yourself with certain important concepts, and one...
How to manage your Competition as a Startup
Competition management is the process of analyzing and evaluating the competitors and their strategic moves to gain competitive advantage over them with a motive of acquiring larger market share, customers, vendors, product/service improvement, launching new value added products/services, etc. In other words we can say that it is a process of formation and implementation of...
Mudra & MSME Loans for Start-Ups – PMMY Scheme, Schemes, Eligibility, Purposes, Benefits, Fiscal Incentives
MSMEs are known as the backbone of the Indian ecosystem due to their strategic role in nation-building through wealth generation, creation of employment opportunities, and harnessing of local talents which in turn plays a pivotal role in contributing to the GDP of the Company. India is home to more than 65000 start-ups registered to date....
Annual Compliances of OPC & Its Procedure
Overview In recent years, we have seen a considerable rise in the growth & development of start-ups. In all these years, numerous start-up companies have emerged in the Indian corporate industry and still are continually working towards the expansion of their business on a global level. While flourishing start-ups are generally focused on building unique...
