Promoting Environmental Compliance in Haryana: The Assistance Scheme for Micro, Small, and Medium Enterprises

Introduction In an era marked by increasing environmental awareness and sustainability concerns, governments worldwide are implementing policies and initiatives to encourage eco-friendly industrial practices. The Indian state of Haryana, known for its thriving industrial sector, has taken a significant step in this direction. On June 8, 2021, the Haryana Government Gazette published an extraordinary notification …

Haryana’s Assistance for Technology Acquisition Scheme

In an era characterized by rapid technological evolution, innovation stands as a linchpin for economic growth and development. Recognizing the pivotal role that technology plays in enhancing the competitiveness of Micro, Small & Medium Enterprises (MSMEs), the Government of Haryana, India, has unveiled an extraordinary initiative – the “Assistance for Technology Acquisition Scheme.” This groundbreaking …

Haryana’s SME Exchange Equity Scheme for Small and Medium Enterprises

Introduction In a pivotal move to bolster the growth and development of Small and Medium Enterprises (SMEs), the Haryana Industries and Commerce Department has introduced the “SME Exchange Equity Scheme for Small and Medium Enterprise Sector.” This scheme, established under Chapter 14 of the Haryana Enterprises & Employment Policy, 2020, aims to provide financial assistance …

The Freight Assistance Scheme in Haryana: Empowering Haryana’s Exporters

Introduction In alignment with the Haryana Enterprises and Employment Policy-2020, Chapter 14, the Governor of Haryana has rolled out the “Freight Assistance Scheme” to bolster new micro and small exporting units within the state. This initiative aims to mitigate the added transportation expenses incurred by these units due to their geographical distance from international borders …

Guide to Partnership Firm Deregistration: Reasons, Benefits, Procedure, Timeline, Documentation

Introduction In the dynamic world of business, firms may find themselves in situations where deregistration becomes a necessary step. Whether due to a change in business strategies, financial challenges, or other reasons, the process of firm deregistration requires careful consideration and adherence to legal procedures. This article delves into the intricacies of firm deregistration, focusing …

A Comprehensive Guide to Changing the Address of Your Firm: Reasons, Benefits, Procedure, Timeline

Introduction In the dynamic landscape of business, firms may often find themselves in situations where relocating their principal place of work becomes a necessity. Whether driven by expansion, strategic decisions, or other reasons, changing the address of a firm is a significant process that must be handled with care. This article delves into the intricacies …

A Guide to Changing Partners in a Firm: A Comprehensive Checklist, Benefits and Procedure

Introduction In the ever-evolving landscape of business, firms often encounter situations where a change in partners becomes necessary. Whether it’s a strategic shift in direction, differences in business philosophies, or personal reasons, modifying the composition of a business partnership is a crucial decision. In such cases, it is essential to adhere to legal procedures and …

Changing the Name of Your Firm Partnership: A Comprehensive Checklist, Benefits and Procedure

Introduction In today’s fast-paced business world, adaptability is key to success. Firms often need to make changes to their structure, branding, or services to stay competitive and relevant. One crucial aspect of this adaptability is the ability to change the name of the firm when necessary. The process of changing the name of a firm, …

Partnership Firm Registration Process: A Comprehensive Checklist, Benefits and Procedure

In the contemporary business landscape, registering a firm is an essential step towards establishing a legitimate presence in the market. However, the bureaucratic procedures involved in firm registration can often be overwhelming. To alleviate this challenge, this article presents a comprehensive checklist and procedure for services pertaining to the registration of a firm. Whether you …

Understanding Capital Gains Tax Exemptions in a Friendly Way

Capital gains tax can be a difficult topic, but it’s essential to know that there are several exemptions available to help reduce the tax burden. Let’s break down these exemptions in a simple and friendly format. Section 54 – For Individuals and HUFs Section 54B – For Individuals and HUFs Section 54D – For Any …

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