As the financial year draws to a close, it’s crucial for businesses and individuals to ensure their financial affairs are in order. Proper planning can prevent last-minute hassles, ensure compliance, and optimize tax liabilities. Here’s a comprehensive guide to the ten key areas you should focus on before March 31, 2025. 1. Verify Income Tax …
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Credit Guarantee Fund Scheme: Benefits, Eligibility & Process
A Credit Guarantee Fund Scheme (CGFS) is designed to support small businesses, startups, students, and low-income borrowers by offering guarantees to lenders against default risks. It encourages banks and financial institutions to provide loans without collateral, making credit more accessible. Importance of Credit Guarantee Schemes Helps small businesses grow by easing access to finance. Encourages …
Most Common Mistakes to Avoid When Filing ESI Returns
The Employee State Insurance (ESI) scheme, governed by the Employees’ State Insurance Corporation (ESIC), is a self-financed social security and health insurance scheme for employees earning ₹21,000 or less per month. Employers with 10 or more employees (20 in some states) are legally required to register under the ESI Act, 1948. Importance of Filing ESI …
How to Draft Legal Notice for Company Closure
Are you thinking of your company closure? Read to know the legal formalities of how to Draft Legal Notice for Company Closure. The process of closing a company is the procedure of bringing the company’s life in a way to an end. During the winding-up procedure, the firm’s assets are managed to benefit its creditors …
What is the Meaning of FORM MD-7 and FORM MD-9?
A person or a company involved in the manufacturing of Medical Devices in India can distribute/communicate the products by applying through the concerned Authority. The process of application is to apply for a Loan or grant, or a license to sell or distribute products in India. In the the Medical Devices Rules, 2017, an Manufacturing License to Manufacture …
Collectors Told to Enforce New Rules on Hotel Service Charge
The Central Consumer Protection Authority (CCPA) has focused district collectors to confirm enforcement of guidelines issued in regard to service charge by hotels and restaurants. On receiving grievances, the district collectors have been directed to inspect and submit the report to the CCPA within 15 days. The CCPA has also printed to chief secretaries of …
How To Get A Food License For My Business?
Have you ever seen food shops being vacant? Even a small tea shop flourishes and increases incredible response from people. Yes! Food always gets more courtesy than expected. If you are forecasting to do a business, you can very well start with the food business. No food business can be begun unless a valid license …
Trademark Registration in India
Definitely, you’ve heard the term “trademark.” However, you may not be clear on how trademarking could advantage your own small business. Do you want to deliberate trademarking? What do you understand by trademark? How do you get started? What does trademark mean? The term trademark refers to an identifiable badge, phrase, word, or symbol that signifies …
Top Factors Why Gold Price in Increasing?
In Indian tradition, gold is one of the most valued metals. No auspicious occasion goes by without the use of this metal, from festivals to marriages to birthdays. Indian temples are known for their new and ancient gold idols, which are well-protected against theft and burglary. Gold is regarded by the majority of Indians as …
How Foreign Companies Start a Business in India
As India is developing country and that too one of the fastest developing country in world, it is normal that other countries wanted to invest in India. India is actually a hub doing business as the cost of production in India is low which ultimately increases the Demand curve of a product or service. With …