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Nidhi Company Registration – Process, Rules and Eligibility Online. Are you a start-up and not sure about the finance business license requirement? Register a Nidhi company, which is a type of Non-Banking Financial Company (NBFC) that is allowed to take deposits from its members and lend to its members. Nidhi company is regulated under Section 406 of the Companies Act, 2013. Nidhi company contributes to society in several ways and is not limited to helping its members only. It promotes and cultivates the habit of saving among its members and provides them with financial assistance in terms of loans. Nidhi company acts as a very popular lending mechanism for secured loans, and the operations of Nidhi company are very similar to that of a co-operative society. The prime rationale behind establishing a Nidhi company is to encourage its members to save so that they can smoothly satisfy their financial requirements arising from time to time.
The approval from the Reserve bank of India (RBI) has been exempted for Nidhi companies. Minimum Members: Branches. Step by Step Process for Nidhi Company Registration | Enterslice - Company Registration. RERA Registration - Procedure, Benefits & DocumentsRequired - Enterslice. RERA stands for Real Estate Regulatory Authority RERA is an act for regulation and promotion of the real estate sector to ensure the sale of apartment, plot or building in an efficient and transparent manner. The Act aims to protect the interest of consumers. It was enacted by the Parliament in May 2016 and the Act has come into force with all its 92 sections from 1st May, 2017 across India.
So far, 14 states and union territories such as Uttar Pradesh, Gujarat, Bihar, Madhya Pradesh, Odisha, Andhra Pradesh and Maharashtra have notified their rules with RERA and the others are expected to follow suit.The implementation of RERA is expected to bring relief to the homebuyers as builders will be accountable for the timely delivery of the projects and to protect buyers from fraud sellers. Benefits of RERA Registration Key Provisions of RERA Registration of projects under RERA Documents required for registration under RERA How we can help you with RERA registration?
Share. How to get FSSAI Licence? FSSAI Registration Consultant Online in India | Enterslice. Food Safety and Standards Authority of India (FSSAI) was introduced by the in 2006. FSSAI is a legal authority that offers a food license to all food businesses in India. FSSAI is fully responsible for establishing the standard, principles, and controls for the benefit of food businesses in India. The food business is expected to follow all the rules and regulations of FSSAI. This license verifies that the food business runs with a validated licence and quality check.
Not only this but FSSAI is accountable for protecting and promoting public health by the management and supervision of food safety. So, its registration or licensing is very important for the food business. Why is the FSSAI Registration Required? Every food business operator involved in the manufacturing, processing, storage distribution and sale of food products must compulsorily obtain FSSAI Registration or License.
It is a 14-digit registration or a license number that is printed on all the food packages. Statutory Fees. LLP Registration Process in India – 5 Steps Simplified Guide - Company Registration LLP Registration. ESI Registration & Returns Filing Procedure - Enterslice. We can help you in all your queries regarding ESI registration with a single click of mouse while you stay relaxed of getting insured under ESI without any complication. Established under the ESI Act, 1948, ESIC (Employees’ State Insurance Corporation) provides benefits to employees in the event of their sickness, death, disablement, injury, etc.
The finance of this scheme comes from contributions from both employees and employers. Any employee who earns a monthly income of less than Rs. 21000 per month is covered under this scheme. Apart from employees, the family members of employees are also provided benefits under this Act. Any establishment that employs 10 or more employees is mandated by law to register under this Act. The contribution of employers in this scheme is 4.75% and that of employees is 1.75%, thus making a total of 6.5%. Share. Central KYC Registry in India | What is CKYC Registry? Central KYC often referred as CKYC is basically, a centralized repository for maintaining the record of customer’s KYC records. It employs uniform KYC norms and inter-usability of the KYC records among various concerned sectors.
CKYC is introduced with an objective to reduce the hassle of providing customer’s KYC Documents again and again and getting them verified each and every time a customer builds relationship with a financial entity. The CERSAI (The Central Registry of Securitization and Asset Reconstruction and Security Interest) manages the Central KYC norms. In India, Central KYC is rapidly getting adopted and a person who requires central KYC can approach financial institutions regulated by respective Authorities i.e. What are the Salient Features of Central KYC? The salient features of the CKYC or Central KYC is as follows; What is Central KYC Records Registry? Who can access the CKYC Applications? Process for Financial Institutions to Register with Central KYC Registry.
Farmer Producer Company Registration - Legal Support for Agritech Online. What is Producer Company Registration? India is an agriculture-based country with around 62% of its people depending directly or indirectly upon agriculture. Indian farmers are completely unorganized and they are not able to use the latest technologies in the agricultural sector production. Due to this, farmers account for 12% of all suicides in India. An expert committee has been set up by the government to look in this matter. A Producer Company is a company registered with the object of agriculture production, post-harvesting processing activities, procurement, selling and distribution, export of primary production of the members or import of goods for their benefit.
In India, Producer Company can be set up by the 10 or more individuals or by the combination of 10 or more individuals and 2 institutions. What is the Farmer Producer Company? In India, more than 80% of farmers are small and marginal farmers with less than 2 hectares land holdings which leads to disorganization.
I. II. How to Get Insurance Web Aggregator License India. A web aggregator is an insurance intermediary or an insurance company that provides information on insurance provided by different companies. A web aggregator also provides a comparison of insurance products and also the prices of different insurance products. The web aggregator has been a company registered with the Companies Act 2013 or the previous company law 1956 and the IRDAI. A web aggregator provides information on different products to various insurers.
The web aggregator concept is developed when end consumers get quotes on the prices of different financial products. Role of a Web Aggregator A web aggregator plays the following roles: Compares insurance products. Why Insurance Web Aggregator Licence is required Insurance Web Aggregator Licence is required so that insurance products can be shown to end customers. Who Regulates Insurance Web Aggregator Licence Eligibility criteria for Insurance Web Aggregator Licence The applicant must be the following: Application for Registration. Corporate Compliances Calendar for the Financial year 2019-20. Irrespective of their business activity and turnover, all the companies which are registered under the Companies Act, 2013 in India have to comply with prescribed rules and regulations.
Private limited companies are one of the most popular forms of starting a business; there are various compliances for companies which you need to comply with once your business gets started. Moving ahead, you need to mark a few essential dates on your calendar to comply with mandatory annual compliances. In this article, we will make it easy for you to file necessary forms on such dates. How ROC plays a significant role in Compliance for companies? ROC which is known as Registrar of Companies is an office under the Ministry of Corporate Affairs which deals with the administration of companies and Limited Liability Partnership in India. Besides, the central government exercises administrative control over these offices through the respective Regional Directors. 1. 2.
E Form Active (INC-22A) Non-Compliance. FSSAI Annual Returns: How to File FSSAI Annual Returns Online. Significance of FSSAI Annual Returns As per regulations of Food Safety and Standard Authority of India (FSSAI) obtaining a food license is one of the most crucial steps for starting a food business. Once you have acquired the food/FSSAI license, you can start your business freely and without any legal complication. But that’s not all. As per FSS (Licensing and Registration) Regulations, 2011, it is equally important to comply with FSSAI compliances and filing of annual returns. All the food business operators (FBOs) who possess food license and have an annual turnover of Rs. 12 lakh should file the annual return mandatorily and within the due time.
If anybody fails to file the returns within the stipulated time period, he may have to face grim penalties. Who should file the FSSAI Annual Returns? The following entities are required to file the annual returns: Mandatory FSSAI Annual Returns Unlike other businesses, Food Businesses consist of filing only two kinds of returns every year. How to Get BAR License in India | Liquor License in Delhi. How to get a BAR License in India?
If you are a kind of person who loves to party hard, chilling with hundreds of unknown people, comfortable in enjoying time without your family, loved ones and do not feel bad while staying away from your family then you are the perfect kind of person for this business and you can start your bar business without wasting your time. How to start a Bar Business? Starting a bar business is a tough call as you have to give the endless sleepless night to your business because the package comes with a number of challenges which demands a lot of thought and planning in order to sail safely. So before, cap off your champagne bottle follow the rules that are set up to open a bar business. Types of Bar to Start as a Business There are six categories of the bar from which you can choose your taste of bar because each type of bar requires a different kind of set up, management style and financial funding etc.
Hence, the List of the bar is as discussed below- 1. 2. Form 3CA-3CD | Tax Audit | Income Tax Act | Enterslice. The section 44AB of the income tax act 1961 requires the assessed to file their tax audit report if their turnover exceeds 1 crore. Further, there is also a presumptive income section under income tax act 1961 (mentioned below) where the assets require filing their tax audit where he claims his income below such percentage. The tax audit shall be conducted by a Chartered Accountant in Practice. Further, the tax audit report is to be filed online through the following website: ( You can also download the Article in the following formats. Now we will discuss clause by clause detail of Tax audit The First page of the Tax audit (3CA-3CD) provide the instruction that we need to follow before filling the Tax audit Report These instruction are General Instruction The amount must be in Indian Rupees.The date shall be entered in the following format (DD/MM/YYY).
Only Red mark field is mandatory. FROM 3CA (Clause 1- 3) Clause 3:- Read, Also: . FSSAI Registration| Food License | FSSAI License Consultant Online. Overview on FSSAI The FSSAI stands for Food Standards and Safety Authority of India, which is the supreme authority responsible for regulating and supervising food safety. It is necessary for all the Food Business Operators (FBOs) in order to obtain a Food Licenses or FSSAI License. Food safety license lays down science-based standards for the articles of food, and it also regulates their manufacture, storage, distribution, sale and the import in order to ensure safety. In a video below, we have explained all types of FSSAI Registration (basic level , State level & Central level) in a layman term. A detailed step by step process for obtaining FSSAI Food License in India.
What is the FSSAI Registration? FSSAI Registration is required for the petty food manufacturers such as an itinerant vendor, petty retailer, temporary stallholder or small or cottage scale industry. Who must obtain FSSAI Food Registration? Process for Obtaining FSSAI Registration FSSAI Registration Category Basic Registration. Sample of Share Purchase Agreement Format in India.
What is the Share Purchase Agreement? A Share purchase agreement Format (SPA) is a formal agreement between a purchaser of shares in the company and the buyer, laying down the required terms and conditions. This type of transaction shall include the purchase of a part of the company’s operating business. Upon the transfer of shares as per the agreement’s terms, the ownership shall pass on to the buyer. It shall bring to the buying a certain amount of control and powers in the target business. Through a Share Purchase Agreement, the buyer steps in the place of the seller. You can also download SHARE-PURCHASE-AGREEMENT Format in the PDF formats. Who Can Be Parties to the Share Purchase Agreement Format? SPA may be executed between a single buyer and seller or may be between a single seller and multiple buyers. What are the Advantages of Executing Share Purchase Agreement? What is the Component of a Share Purchase Agreement? Common Mistakes While Creating a Share Purchase Agreement:
Section 143(2) – Notice for Scrutiny and how to Response - Enterslice. We file Income Tax Return by assessing our income on the basis of income received. However, there are chances of minor or major discrepancies depending upon how we report our income or losses. In this situation, Notice under section 143(2) comes into the picture.
As we also deserve a chance to correct or justify ourselves. A Notice under section 143(2) is a chance provided by the Income Tax Department to defend them and clear out the irregularities with the supporting documents. Also, note that failure to reply to this notice may lead to severe circumstances. What is Notice under S 143(2)? Notice under section 143(2) means the income tax return filed by you has been taken by the assessing officer for scrutiny assessment or detailed assessment under section 143(3) In simple words, Scrutiny Assessment or Detailed Assessment means scrutiny is being carried out to confirm the correctness or genuineness of the various deductions or claims made, etc. while filing your Income Tax Return. 1. 2.
What is the Difference between NBFCs and MFIs | Enterslice. Non-Banking Financial Company in India, banks have certain limitations as they are not able to open branches in remote and inaccessible places because India is a geographically large country. For this reason, NBFCs and MFIs operating mainly in rural parts of the country to meet banking requirements of the people. Though both of these types of entities serve the basic purpose of providing banking facilities, there are some differences between the two entities. What is Non-Banking Financial Company? Non-Banking Financial Company is a company registered under the Companies Act which is regulated by the Reserve Bank of India under the RBI Act, 1934. Its activities are related to lending and other activities such as providing loans and advances, credit facility, savings and investment products, trading in the money market, managing portfolios of stocks, transfer of money, etc. Here are the Following Categories of NBFCs: Asset CompaniesLoan CompaniesInvestment Companies What is MFI?
Share Certificate Requirement and Procedure to Issue. NGO Founders Salary,Trustee Salary in an NGO | Enterslice. Checklist and Requirement for Drug Licence. Mandatory Compliances under Companies Act 2013: Enterslice. NBFC Takeover, Takeover of NBFC Procedure, NBFC for Sale. Ayush Manufacturing License Online | AYUSH License Registration. Licenses Required to open a Coffee Shop in India | Enterslice. Is Director Salary allowed in Nidhi Company? Credit Co-operative Society Registration | Multi-State Cooperative Society. FSSAI guidelines for tea. Shares Listing Procedure in India, Listing of Securities. RERA Registration Fees Structure India | Enterslice. New Rules and Regulations by FSSAI for Meat Shops.
ESIC Annual Return Filing Procedure, ESI Registration. Board Resolution Format for Appointment of Auditors | Enterslice. The Sample of Rental Agreement Format Online Download Now. The Sample of Rental Agreement Format Online Download Now. Permission and Licenses Required to start Fruit Juice Business. Advantages and Disadvantages of Employee Provident Fund EPF Online. Declaration and Payment of Dividend Under Companies Act: Enterslice. Company Registration Online, Start Pvt Ltd Company India. Partnership Deed Format Sample in India | Enterslice. What Is the Role and Activities of Merchant Banker in India. Gumasta License - Online Registration, Fee and Procedure. Nidhi Company Registration – Process, Rules and Eligibility Online. Roles & Responsibilities of the Auditor Under Companies Act 2013. What is Payment Aggregator, Merchant Aggregator.
Sample Format of Dealership Agreement in India | Enterslice. Online FSSAI Registration | Process, Documents Required, Benefits | Enterslice. One Person Company Registration Online, OPC Registration Setup. LLP Registration Online, Limited Liability Company Partnership India. Company Registration Online, Start Pvt Ltd Company India. Company Registration in India, Requirements & Process | Enterslice.