kanakkupillai Adambakkam, Chennai, Tamil Nadu

Trade License is a license or permission issued by the municipal corporation granting permission to carry on a particular trade on a particular address. Now the need of trade license. The most important one is that it prevents you from being penalized. Carrying out business without procuring a trade license is an offence in India. Further it is a proof that no illegal activity is carried out in your establishment The Shop and establishment Act regulates the conduct of business like working hours, benefits to employees and all.

RERA India is a Government body whose main work is to safeguard the buyer’s interest and lay a path. Therefore, the real estate agents and promoters get an opportunity to come up with the better service. The current real estate structure is quite messy because of the corruption in the Government bodies as well as opaqueness of the information. The policies in RERA made by keeping in mind that because of lack of activeness in the Government work like project approval.

A term loan is a monetary loan that is repaid in regular payments over a set period of time. Term loans usually last between one and ten years, but may last as long as 30 years in some cases. A term loan usually involves an unfixed interest rate that will add additional balance to be repaid. It is for equipment, real estate or working capital paid off between one and 25 years. The loan carries a fixed or variable interest rate, monthly or quarterly repayment schedule, and set maturity date. The loan requires collateral and a rigorous approval process to reduce the risk of repayment.

As a part of Annual Filing, Companies incorporated under the Companies Act 1956 or Companies Act 2013, are required to file the following eForms with the Registrar of Companies ROC

Public Limited Company is company which is always opt for where a huge investment is desired from public. Public company can go for the listing of its share at stock market as it has no limit on its number of shareholder and can fetch from public through IPO.

Producer Company means a body corporate having objects or activities as specified and registered as producer company under the act. It is a group of people involved in the production of primary produce or having one or more objectives relating to primary produce. In a producer company, you can make agriculturist members and accept deposits in form of RD/FD and provide them maturity as well as distribute loans to your farmer members and charge interest from them. Main objective of the producer company is to facilitate the formation of co-operative business as companies and to make it possible to convert existing co-operative business into companies.

Private limited company is a perfect start for anyone who wants to start their business to give it a separate legal identity. Private limited company can be formed with ease and its procedural compliance are also easy when compared to that of a public company. A private limited company, or LTD, is a type of privately held small business entity. This type of business entity limits owner liability to their shares, limits the number of shareholders to 50, and restricts shareholders from publicly trading shares.

The step that is required to pay employees after each pay period calculations and involves the number of hours the employee worked, pay rate, and deductions. The total wages paid by the employer to the employee of different fields. Payroll calculations are defined as the multiple numbers and business tasks performed by the employer. The sum of which equals the employers pay. The gross wages and deductions are calculated by the employer to pay the employee’s net amount that needs to be paid.

Partnership is a common form of business. Two or more people come together to carry on a business and share the profits and losses. Liability of the partners in a partnership firm is joint and several. A partnership firm is not a separate legal entity distinct from its memebers. It is merely a collective name given to the individuals composing it. Hence, unlike a company which has a separate legal entity distinct from its members, a firm cannot possess property or employ servants, neither it can be a debtor or a creditor. It cannot sue or be sued by others.

One person company (OPC) is a new form of business introduced by Companies Act, 2013. It is hybrid form of business where a sole proprietorship concern can get a corporate outlook. An OPC is a hybrid structure, wherein it combines most of the benefits of a sole proprietorship and a company form of business. It has only one person as a member who will act in the capacity of a director as well as a shareholder. Thus, it does away with the hassles of finding the right kind of co-partner/s for starting a business as registered entity. The best part is, legal and financial liability is limited to the Company and not the member.

Starting a finance business or want to legalize your existing finance business, then you are at the right door as Nidhi Company is the only available option to start a finance business legally that too without the Reserve Bank approval.

What is Loan Against Property? A Loan against property or LAP is a loan given by the lender to the borrower against the property mortgaged. Unlike the unsecured loan, the loan against property involves a security that is the property, which the borrower can mortgage in case the loan is not repaid by the borrower. Hence, it is a type of mortgage loan. In such loans, the market value of the property is calculated and the loan furnished is a certain percentage of the market value of the loan.

ISO 9001 is the quality management system(QMS) standard and it produces numerous benefits for any company willing to go that route. You can use the fact that your company is ISO 9001:2008 certified in your marketing. By adopting an approach that starts out to implement more efficient working practices and focuses on the business objectives of the organisation, you will achieve a system that will help and support your staff, and improve your levels of customer satisfaction.

Taking your product or services to the international market will expand your businesses. The first requirement before you start an import/ export business in India is to obtain an IEC. An IEC is necessary for import/export of goods.

Owning a home isn’t just a keystone of wealth, it’s what gives us and our families, stability and emotional security. If you’re hesitant about buying a home because you feel that getting a home loan is a daunting task. Don’t worry! Applying for a home loan, is an incredibly simple process. Home loan is a loan disbursed by a bank or financial institution (lender) to an individual specifically for buying a residential property. Here, the lender holds the title of property until the loan is paid back in full along with interest.

GST return is a documentation of all Sales details, Output tax liability and Input tax credit available. Filing these GST Returns requires tax liability payments to the government by the taxpayers.

Goods and Service Tax or GST is the biggest Indirect Tax passed on 29th March 2017 in the Parliament under the Goods and Service Tax Act. This one tax replaced almost all other indirect tax laws that previously existed in India. GST came into effect on 1st July 2017. Now it is one tax for the entire country. The journey of GST started in the year 2000, when a specially formed committee drafted the law. And it took 17 years for the law to mould and evolve. The GST Bill was passed in 2017 in Lok Sabha and Rajya Sabha and by 1st July 2017, the GST law was implemented. Under the GST regime, the tax is levied at every point of sale. In the case of intra-state sales, Central GST and State GST are charged. Inter-state sales are chargeable to Integrated GST. There are 3 different taxes applied under this system: CGST, SGST & IGST. CGST is for intra-state sale and are collected by the Central Government on an intra-state sale. SGST is collected by the State Government for intra-state sale and finally, IGST which is collected by the Central Government on inter-state sales.

As you are planning to sale food product through a platform you must need a food license / FSSAI License based on your turnover of your business. FSSAI registration should be obtained prior to start of business. The Food Safety and Standards Authority of India (FSSAI) certificate has now become mandatory for all manufacturers, traders, restaurants and those who are involved in food business, commonly termed as Food Business Operators (FBOs). Therefore, any organized food manufacturing or processing or packaging or distributing entity is now required to obtain a FSSAI License before commencing business.

Financial is a formal record of the financial activities and position of a business, person, or other entity. Financial is a formal record of the financial activities and position of a business, person, or other entity.Relevant financial information is presented in a structured manner and in a form easy to understand. They typically include basic financial statements, accompanied by a management discussion and analysis PURPOSE OF FINANCIAL REPORT: Financial reports are the documents and records you put together to track and review how much money your business is making (or not). The purpose of financial reporting is to deliver this information to the lenders and shareowners (the stakeholders) of your business. If someone else is supporting part of your business, financial reporting must be part of the essential contract between you and them. Your lenders and investors have the right to know if their money is being spent wisely and returning a profit.

Provident fund is a savings scheme for the benefit of the employees run by the government. Employees Provident Fund Organisation (EPFO) is a governmental body which maintains and oversees the fund. Contribution to PF is mandatory for every employee, employers also contributes equally to the provident fund. Amount accumulated in the fund can be withdrawn at the time of retirement along with interest. ESI Scheme is a comprehensive Social Security Scheme designed to accomplish the task of socially protecting the ’employees’ in the organized sector against the events of sickness, maternity, disablement and death due to employment injury and to provide medical care to the insured employees and their families.

DoT is department of telecommunication of india. DOT issues and regulate OSP license for call centers in india region. 'OSP Centre' is the infrastructure at a location in India which is used by the OSP for providing the Application Services. 'Domestic OSP' means the OSP providing the Application Services within national boundaries. 'International OSP' means the OSP providing the Application Services beyond national boundaries.

Copyright Registration presents upon its proprietor sole rights to duplicate or repeat the work or concede consent to another to do as such. The applies to scholarly (books, contents, even programming) and varying media (music, photos, films) works. Business elements regularly copyright guideline manuals, item writing and client guides. Copyright is normally claimed by the maker of the work, yet may likewise be possessed by the business of its maker or the individual who has charged the work (unless there is a consent unexpectedly in either case). Copyrights are likewise transferrable.

The name of an organization or LLP can be changed by the promoters at whenever after consolidation. A portion of the significant explanations behind difference in organization name are plan of action change, change of promoters, rebranding, and so forth., To change the name of an organization, investors endorsement is required alongside endorsement from the Ministry of Corporate Affairs. The difference in name of an organization or LLP however has no effect on the legitimate substance or its reality. Consequently, all advantages and liabilities of the substance would proceed, while just the name of the organization would have been changed

CMA data preparation and presentation is necessary for bank loan or working capital loan or for seeking CC limit. By submitting CMA data report with right ratios and proper presentation of usage of funds, your chances of getting the loan has been increased. Provided you follow other procedures and requirements of banks.