NSIC (National Small Industries Corporation), an ISO certified Indian Government Enterprise dedicated to Micro, Small, and Medium Enterprises (MSMEs), aims to foster their growth and development nationwide....
The National Financial Reporting Authority (NFRA) is an entity established pursuant to Section 132 of the Companies Act, 2013. Its establishment came into effect on October 1, 2018....
In the realm of the shipping industry, Bills of Lading stand as pivotal documents, wielding considerable legal weight. These documents furnish both the driver and the carrier with indispensable particulars crucial for the seamless processing and accurate invoicing of freight shipments....
In the realm of importation, Bills of Entry play a pivotal role in facilitating the movement of goods across borders. This document meticulously outlines the specifics of imported goods, serving as the basis for customs authorities to ascertain the requisite import duties. Without a duly...
In this detailed blog, the focus will be on exploring IND AS 40, which offers comprehensive guidelines for accounting treatment concerning investment property. Investment property, encompassing real estate held by an entity primarily for rental income, capital appreciation, or both, is the central subject of...
As per section 406 of Companies Act, 2013, a NIDHI Company is a non-banking financial business organization. The primary function of a NIDHI Company is lending and borrowing money among its members for their mutual benefit. It is also known as Benefit fund, permanent fund,...
In compliance with the Indian Company Law, businesses are mandated to provide a physical address for registration. Section 12 of the Indian Companies Act, 2013, unequivocally outlines this requirement:...
In the contemporary age of digitization, a significant portion of consumers is transitioning from traditional retail markets to online platforms such as Flipkart, Amazon, Snapdeal, Myntra, and others, seeking convenience and accessibility to products and services delivered to their doorstep....
The Directorate General of Foreign Trade (DGFT) unveiled its revamped platform on July 13, 2020, with a vision to enhance the Ease of Doing Business. An essential aspect of this transition involves the registration of Importer-Exporter Codes (IECs) on the new DGFT platform. This blog...
The Food Safety and Standards Authority of India (FSSAI) enforces regulations governing food businesses in accordance with the FSSAI Act 2006. It is imperative for individuals involved in food-related enterprises to acquire an FSSAI license. Renewing the FSSAI license is of equal significance as obtaining...
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