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. […]
What factors to consider when deciding on Authorized Share Capital? Introduction Authorized share capital is the maximum number of shares that a company can issue to its shareholders. It is crucial for a company’s capital structure, as it determines the […]
What are the differences between Dormant & Strike-off Companies? Introduction In the corporate world, it is common for companies to go through various stages of operation. Two of the most common terms that are used when discussing company status are […]
Foreign Exchange Management Act, 1999: its Significance on Start-Ups Introduction The Foreign Exchange Management Act (FEMA) is an important piece of the Indian legal system that has significant implications for startups engaging in foreign investments and transactions. Enacted in 1999, […]
Process to Convert Unregistered Partnership to LLP Introduction Converting unregistered partnerships to Limited Liability Partnerships (LLP) is a popular choice among businesses in India. It provides the benefits of limited liability and flexibility in management, making it an attractive option […]
All About the Benefits of Name Reservation For a Company Introduction Any company entity must complete the essential process of name reservation. Additionally, it avoids intellectual property conflicts while giving the company a unique identity. An available name also reserves […]
What is the role of the Tax Account Deduction Number in promoting transparency in taxation? Introduction In the world of taxation, transparency, and accountability are important aspects that ensure a fair and just system. To uphold this principle, the government […]
