Key Difference Between Nidhi Company and Non-Banking Financial Companies (NBFC) Introduction Nidhi companies and non-banking financial companies (NBFCs) are two types of financial institutions that operate in India. While both Nidhi companies and NBFCs registration process are regulated by the […]
What are the key differences between financial accounting and managerial accounting? Introduction In the realm of finance and accounting, two essential practices that hold significant importance in the decision-making process of an organization — Financial Accounting and Managerial Accounting. While […]
Procedure To Remove a Charge on Your Movable Property Introduction A charge on movable property is a security interest that is created to secure the payment of a debt. It is a common practice in banking transactions where a borrower […]
Why is Choosing the Right Agent For Your Power Of Attorney Important? Introduction Granting someone power of attorney is a significant decision, as it involves entrusting them with legal authority over your affairs. Selecting the right agent is crucial to […]
How To Appoint An Auditor For Public Limited Companies? Introduction The appointment of a statutory auditor is an essential component of corporate governance for publicly traded corporations. The auditor is essential to guarantee the correctness, dependability, and transparency of financial […]
How to get funds for Non-Governmental Organizations (NGO) in India? Introduction Non-Governmental Organizations (NGOs) play a crucial role in India’s social and economic development. However, one of the biggest challenges that NGOs face is funding. There are various methods like […]
Effective Bookkeeping Practices for Partnership Firms Introduction Partnership firms play a vital role in the day-to-day operations of many industries. The viability and durability of these companies depend on maintaining accurate bookkeeping, given the difficulties in handling finances and transactions. […]
What are the process and benefits of the Tax Account Deduction Number (TAN)? Introduction The Tax Deduction and Collection Account Number, commonly known as TAN, is an essential alphanumeric identifier issued by the Income Tax Department of India. TAN registration […]
AGM Provisions for One Person Company (OPC) Introduction In the world of business, the Annual General Meeting (AGM) is an important event for companies. It allows shareholders to discuss the company’s performance, make decisions, and plan for the future. […]
