OPC (One Person Company) is the latest addition in the Indian legal structure. This structure is a primary choice for the businesses that are in the early stage and entrepreneurs. You can read about it in detail here. Many people get confused between Sole Proprietorship and OPC as a single person manages both. But barring […]
Benefits of Registration under Shop & Establishment actUnlike most of the nations, the unorganized sector is a backbone of Indian Economy. As of December 2019, the size of this unorganized sector is around $700 billion! So it is safe to say that this sector offers a lot of job opportunities.Shop and Establishment Act was framed […]
If you are planning to start a new business, it’s crucial to have the right business structure. Everything from Taxation, Compliances, and Regulations that you will have to follow depends on it. When it comes to business structure in India, there are multiple options available as per the law. Every business is unique in its […]
The government is working on setting up a single window system for clearances and approvals of industry, Parliament was informed on Wednesday. In a written reply to the Lok Sabha, Commerce and Industry Minister Piyush Goyal said despite the presence of several IT platforms for investing in India such as in departments of the central government, and state single window clearances, investors have […]
Udyam (earlier known as Udyog Adhaar) is a registration certificate for the MSMEs, that can be obtained from the Udyam registration portal by self-declaring all the necessary information. As per the Government’s notification, Udyam registration will be mandatory for all those who are willing to establish their Micro, Small or Medium enterprise. Upon Registration, these […]