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For a Limited Liability Partnership (LLP), the returns should be filed periodically for maintaining compliance and escape heavy penalty under the law for non-compliance. A Limited Liability Partnership has only few compliances to be followed every year which is amazingly low as compared to the compliance requirements placed on the…

Till now, there was no provision in the Companies Act, 2013 that allowed a remuneration for the non-executive director if the company was in loss or had inadequate profits. Only the executive director was entitled for a remuneration in the event of a loss. Public companies can now remunerate their…

Food plays an essential role in our lives. It gives us the required energy and nutrients that facilitate healthy development and helps one to stay active. However, one must ensure that the food consumed is safe. Food Safety and Standards Authority of India certifies that the food is acceptable for…

A business organization held by a small group of people is known as a Private Limited Company. It's owned by a group of members called shareholders. Startups and businesses with high growth aspirations popularly choose the private company as the appropriate business structure. The business entity is recognized as a…

Companies rely on funds to manage the affairs of their business successfully. Shareholders in a company play a vital role in raising funds, and in that process, they become its stakeholders. They exercise control over the share of profits in proportion to the money they invest. Dividend is known as…

Change is common, and things keep changing all the time. So do you think about sticking to the same business name is a wise decision even if your company is expanding in different new areas? The company name change is not that easy process and must not be taken lightly.…

Provident Fund is a retirement benefits scheme for employees which is compulsory and managed by Government. Employees contribute every month a part of his/her savings in their pension fund. These monthly savings amounts get collected each month and can be entered as a lump sum amount at the time of…

With the advent of globalization of Indian economy and growth of the international business the campaign of workers thereon, the world has also been enhanced. Social protection is a vital dimension while structuring the international assignments for the employees. Any social security advantage payable in the host country may become…

In pursuit of Corporate Governance, Corporate excellence and better compliance with Provisions of the Companies Act, 2013 and rules made there under from time to time, the Ministry of Corporate Affairs has introduced sweeping changes in the way the corporate functions, change in role of stakeholders and professionals at large.…

To settle on the correct choice for funding your start-ups, you should know the difference between venture capitalists and angel investors, and what each can proffer. Independent ventures and start up organizations exist in a thrilling financial environment that provides a lot of chances to striving entrepreneurs. Contingent upon the…