ISO Certification, Importance & Requirements

ISO Certification, Importance & Requirements

Introduction ISO stands for International Organization for Standardization. It is an Independent, non-government international organization with a membership of 165 national standards bodies which develop standards to ensure the quality, safety and efficiency of products and services. With ISO Standards, the consumers can have confidence that the products are safe, reliable and of good quality. …

Conversion of Partnership firm into Private Limited – Why, Pre- requisites, Taxation Benefits & Impact and Procedure

Conversion of Partnership firm into Private Limited – Why, Pre- requisites, Taxation Benefits & Impact and Procedure

Why: Most of the business started as sole proprietorship or partnership firm due to its easy & lesser compliance and low cost. Although, once the business grows enough in terms of revenue, profit, operation area, number of employees, it would become obvious to convert the same into private limited company considering under mentioned: Separate Legal …

From the Managing Partner’s desk

Dear Clients, On 4th May 2021, our team suffered a terrible and an irreparable loss, Mr. Neeraj Bhagat- Managing Partner, SC Bhagat & Co. passed away. He was the pillar of the organization and he shall always remain alive in our hearts.  We understand this message may be difficult to process, however, courage is the most important …

Things to Know About Corporate Fixed Deposits

Things to Know About Corporate Fixed Deposits

Fixed deposits (FDs) have been a popular investment instrument in India for earning fixed and guaranteed returns on savings. However, following the flat-lining interest rates on FDs and recent rate cuts by the Reserve Bank of India (RBI), many investors are now looking for a different investment option. If you are looking for stable interest …

Job Work provisions under GST – Key Points

Job work means any treatment or process undertaken by a person on goods belonging to another registered person. So registered person need to send inputs/capital goods to job worker to do job work. To send these inputs/capital goods without payment of tax only on challan basis – Job Work provision under #GST comes into force. …

Accounting and Bookkeeping Services

Accounting and Bookkeeping Services

Whether you’re a start-up or an existing company, keeping track of your finances is essential in making good business decisions. The practice of keeping and preserving financial records has changed over time in response to modern accounting and bookkeeping strategies and rules. Every business owner needs to know not just how much money his company …