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What is SEBI?

June 7, 2020 by Vinay Kumar

Securities and Exchange Board of India (SEBI) is a statutory regulatory body entrusted with the responsibility to regulate the Indian capital markets. It monitors and regulates the securities market and protects the interests of the investors by enforcing certain rules and regulations. SEBI was founded on 12 April 1992, under the SEBI Act, 1992. Headquartered …

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What are Mutual Funds?

June 7, 2020 by Vinay Kumar

A mutual fund is a type of financial vehicle made up of a pool of money collected from many investors to invest in securities like stocks, bonds, money market instruments, and other assets. Mutual Funds are managed by Asset Management Companies (AMC) which need to be approved by SEBI. A Custodian who is registered with SEBI …

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Legal & Allied Services

June 7, 2020 by Vinay Kumar

The Indian Lawyer & Allied Services consists of Lawyers, Solicitors, Chartered Accountants, Business Management Consultants, Taxation Advisers and Risk Management Consultants, who are professionals with a high level of commitment and integrity. They support their client for the services.  All businesses must have contracts in place for every deal they enter into, both internally (with …

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Registration & Licenses

June 7, 2020 by Vinay Kumar

All businesses need one government registration or another, while nearly all require multiple registrations. For example, even air-conditioned restaurants need both service tax registration and VAT registration, depending on turnover and location, in addition to a Shops & Establishment License. Indirect taxes are those that are collected from customers by suppliers on behalf of the …

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What is a startup

June 7, 2020 by Vinay Kumar

Start-up means an entity, incorporated or registered in India not prior to five years, with annual turnover not exceeding Rs.25 crore in any preceding financial year, working towards innovation, development, deployment or commercialization of new products, processes or services driven by technology or intellectual property. Provided that such entity is not formed by splitting up, …

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What do you mean by Board of Directors

May 6, 2020 by Vinay Kumar

A board of directors is a group of people who jointly supervise the activities of an organization, which can be either for a profit business, nonprofit organization, or a government agency. The board of directors appoints the chief executive officer of the corporation and sets out the overall strategic direction. A board of directors is a team …

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NGO Section 8 Company

June 7, 2020 by Vinay Kumar

Non-Profit Organisations or Non-Government Organisations, both are used in the same nature of particular purpose. These kinds of Organisations can be registered in India as Society under the Register of Societies or as a Trust by making a Trust Deed or as a Section 8 Company under the provisions of Companies Act, 2013.  Society As …

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How to start a NGO in India?

June 7, 2020 by Vinay Kumar

A non-profit organization that operates independently of any government, typically one whose purpose is to address a social or political issue. NGO may be defined as an association having a definite cultural, educational, religious or social program registered with the Central Government. NGOs enable residents to work together voluntarily to promote social values and civic goals, …

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What is Cottage Industry?

June 7, 2020 by Vinay Kumar

A business or manufacturing activity carried on at people homes is called cottage industry. Cottage Industry shops allocated at Connaught place, New Delhi are the example of it. It was originally referred to home workers who were engaged in a work such as sewing, lace-making, wall hangings, electronics, or household manufacturing. It includes many producers, …

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Gramin Bhandaran Yojana

June 7, 2020 by Vinay Kumar

Gramin Bhandaran Yojana is a capital investment subsidy scheme that works towards the construction and renovation of the warehouse in rural areas. Gramin Bhandaran Yojana was announced in 2001. Purpose The Gramin Bhandaran Yojana foresees a robust network of non-urban warehouses to help build adequate storage for farm produce in rural areas. The purpose of …

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