In this post, we’ll go through the business valuation process, the many methods for valuing a startup, and why having competent specialists when appraising a firm is critical. The process of determining a company’s value is known as business valuation. It is an analytical technique for determining the value of a firm, property, or asset …
Category: Other
Branch Office in India
A branch office is a suitable business model for foreign companies looking to establish a temporary presence in India. The branch office serves as an extension of the head office business and carries on the same business as that of its parent company. With India possessing vast natural and human resources and being among the …
How to Get an Import-Export Code
The abbreviation EC stands for Import Export Code. All exporters and importers must use the code, which is a ten-digit alpha numeric number. It’s crucial to keep in mind that the Import Export License is exclusively for products and services. The Director-General of Foreign Trade has the power to issue the code. In addition, all …
Faceless Assessment Scheme 2021
The Faceless Assessment (1st Amendment) Scheme, 2021 was just unveiled by the Central Board of Direct Taxes. The Prime Minister has begun a faceless tax audit to honour honest taxpayers. What exactly is the 2019 faceless assessment scheme? The Faceless Assessment Scheme was introduced by the Central Government to improve the transparency, efficiency, and accountability …
Who is Non-Residents in India
A non-resident is an individual who mainly resides in one region or jurisdiction but has interests in another region. In the region where they do not mainly reside, they will be classified by government authorities as non –resident. Understanding Non-Resident: It is determined by set circumstances, such as the amount of time spent within a …
Personal Finance Tips That Will Help You Manage Your Money Better
Cracking the code to non-public finance might not seem easy initially . But if you’ve got the proper tips guiding you, you’ll find that managing your money becomes such a lot more effortless. Mastering personal finance can assist you answer all those questions you’ll have had over the years, like how you’ll set about saving …
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
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 …
Basic details about setting up a Business Entity in India
Can foreign nationals and foreign organizations setup a company in India? Yes, the foreign companies can setup the subsidiary companies in India with 100% shareholding. Also, foreign nationals can individually be the share holder in the company, barring few sectors like defense, media and retail. Do I need a Indian resident to setup a company …
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 …