- 1
- 2
Funding refers to the money needed to start and run a business. It represents a financial investment in a company to support activities such as product development, manufacturing, expansion, sales and marketing, working capital, and inventory. While some startups opt not to raise funding from third parties and instead rely on funding from their founders
It is essential for companies to prepare their financial statements accurately and disclose them in a standardized manner that can be easily understood by stakeholders. This is crucial for maintaining the credibility of the company and ensuring sound investment decisions by investors. The audit process under the Companies Act of 2013 plays a key role
Tax benefits on home loan are a significant incentive provided by Government to encourage home ownership and investment in real estate. These benefits allow individuals to save money by reducing their tax liability. The Indian government provides a way to fulfil this dream by encouraging citizens to invest in a house property. It offers various
Startup is a buzz word around the world and India is of no exception. The current generation of Indian youth has decided to not follow the traditional path of their parents and grandparents to restrict themselves to jobs or small-scale businesses. The technological advancement has also motivated young entrepreneurs to take this challenging path of
In India, trademark registration, protection and prevention of illegal use of trademark is governed by the provisions of the Trademark Act, 1999. It provides the provisions related to procedure for registration of trademark, rights of the owner of a trademark, penalties in case of infringement, various remedies to owner of a trademark, objection, dispute resolution,
Audit is the foundation of any tax law to check on the taxpayer whether they are complying with the taxation laws. Professionals like CA/CPA and revenue authorities can conduct audits, which are generally called assessments. The dictionary meaning of the term “audit” is check, review, inspection, etc. In India, various types of audits are prescribed
Every organization which has registered itself under the FSSAI Act shall comply with the requirements for complying with FSSAI Annual Returns which shall be filed within due dates as prescribed in regulation 2.1.13 and in case of non-compliance a penalty shall be levied. Let us understand who all are required to file FSSAI Annual Returns
The most suited form of corporate structure for medium and small businesses who want to grow and obtain startup funding is Private Limited Company. A Private Limited company has a separate legal entity different from its directors and shareholders. It has advantage for its shareholder since they enjoy limited liability to the extent of their
Summary of Notification No. 18/2023 to 26/2023-CT and Circular No. 192 to 199 issued on 17th July 2023, in pursuance of the 50th GST Council Meeting held on 11th July 2023. In pursuance of the recommendations made in the 50th GST Council Meeting, the Board has issued Notifications and circulars clarifying various issues. Provided below
The Income Tax Act provides several tax reliefs to reduce the taxable income of individuals and companies. One of such deduction is made under Section 80JJA of the Income Tax Act and is commonly known as 80JJAA deduction. Section 80 JJAA of the Income Tax Act is a significant provision that aims to promote employment