What is a Partnership Firm A partnership firm is a type of business organization in India where two or more individuals come together to carry on a business with a view to profit. All the partners are jointly and severally liable for the debts and liabilities of the firm. This means that each partner is …
“Atmanirbhar Bharat” or “Self-Reliant India” is a vision and a call to action for India to become self-sufficient and reduce its dependence on other countries. It was first announced by the Prime Minister of India, Narendra Modi, in May 2020 as a response to the economic impact of the COVID-19 pandemic. The vision of Atmanirbhart …
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Micro, Small and Medium Enterprises (MSMEs) are an important sector of the Indian economy, contributing to the country’s industrial output and exports. They are known to provide employment opportunities and promote entrepreneurship, particularly in the rural and underdeveloped areas of the country. MSMEs face various challenges such as access to credit, technology, and markets. To …
Gurgaon, also known as Gurugram, is a city located in the northern state of Haryana, India. It is a major center for technology and business and has become a hub for startups in recent years. One of the main reasons for Gurgaon’s emergence as a startup hub is its proximity to the national capital, Delhi. …
Startups in India have seen a significant rise in recent years, with a focus on technology-driven solutions and a growing ecosystem of investors and incubators. Sectors such as e-commerce, fintech, and healthcare have been particularly popular among Indian startups. The Indian government has also launched initiatives such as Make in India and Digital India to …
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In India, startups are required to obtain various licenses and permits in order to legally operate their business. The specific licenses and permits required will vary depending on the type of business and industry. Some of the key licenses and permits that startups may need to obtain in India include: It’s important to note that …
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A Startup is a company or organization that is in the initial stages of operation, often characterized by high uncertainty, risk, and a lack of established performance or revenue. These companies are often working to develop a unique product or service, or to establish a new market. The goal of most startups is to grow …
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What is Private Limited Company and Benefits of Private Limited Company Registration A private limited company is a type of business structure that is popular in many countries, including the United Kingdom, United States, and India. A private limited company is a separate legal entity from its owners, which means that it can enter into …
YouTube is a platform where YouTubers uploads the videos and earns revenue when their video gets minimum viewers. Revenue depends upon the agreement signed with YouTube. Today YouTubers are earning in crores. They works as a freelancer and receives money in their saving bank accounts without taking GST registration. They don’t even think of …
Every supplier shall be liable to be registered under the Act but government has given exemption to small suppliers to get them register under the GST act after crossing the threshold limit. (1) Section 22 mandatorily provides the following conditions where you have to take GST registration if his aggregate turnover in a financial year …
