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The National Small Industries Corporation (NSIC) plays a pivotal role in promoting and supporting the growth of small and medium enterprises (SMEs) in India. With its various schemes and initiatives, NSIC aims to empower entrepreneurs and facilitate their participation in the competitive market. In Rajasthan, the state government has implemented…

Professional Tax is levied by the state government under the provisions of the Rajasthan Professional Tax Act, 1976. It applies to individuals who are engaged in professions, trades, callings, or employments specified by the state government. The tax amount is based on the income or salary slab of the individual…

Are you planning to start a Public Limited Company in Sikar? But you must be thinking about why to register a company in Sikar. Sikar, a historical city in the state of Rajasthan, India, has emerged as a growing business hub in recent years. With its strategic location, excellent connectivity,…

Fire accidents can cause devastating damage to both life and property. Property owners must take proactive measures to protect their immovable assets from the risk of fire. One important step in this regard is obtaining a Fire No Objection Certificate (NOC) from the appropriate authorities. In the state of Rajasthan,…

Directors play a vital role in the corporate governance of companies, ensuring compliance with laws and regulations while safeguarding the interests of various stakeholders. The Companies Act, 2013, enacted in India, introduced several provisions to enhance transparency, accountability, and corporate responsibility. One such significant provision is Section 164 of Companies…

The Ministry of Micro, Small, and Medium Enterprises (MSME) was approved in India in 2006. Enterprises in the manufacturing sector and enterprises in the service sector are the two types of enterprises that can register under the MSME Act. The pillar of strength for the country's economy is MSME. Micro,…

Directors play a crucial role in the governance and management of a company. The appointment and resignation of directors are significant events that are regulated by the Companies Act, 2013 in India. The Act outlines specific procedures and requirements that companies must follow when appointing or accepting the resignation of…

Sikar, a vibrant district in the state of Rajasthan, India, is known for its rich agricultural heritage. With vast expanses of fertile land and a skilled farming community, the region has always been at the forefront of agricultural production. To further empower the farmers and promote their collective growth, the…

Tax Deducted at Source (TDS) is a mechanism implemented by the Indian government to collect tax at the source of income generation. It ensures a steady flow of revenue for the government and reduces tax evasion. TDS is deducted from various types of income, including salaries, interest payments, rent, and…

In the world of corporate governance and regulatory compliance, companies are required to submit various forms and reports to ensure transparency and accountability. One such form is Form MGT 7, which plays a crucial role in the documentation and disclosure of important information about a company's management and operations. In…