what is retirement of directors by rotation

The Companies Act, 2013 (the Act) emphasizes flexibility and rigidity in the composition of the board of directors (boards). Flexibility hereby refers to the mandatory inclusion of rotating directors in the board of directors and Rigidity ensures the inclusion of non-rotating directors in the board of directors. The mentioned combination was ordered according to Section 152, sections […]

Direct to Consumer

A direct-to-consumer (D2C) strategy offers a powerful way to gain complete control over your supply chain – from manufacturing and sourcing to marketing, sales, and distribution. What does D2C stand for direct-to-consumer. A company produces a given product in its own facility, as well as distributes it within its own channels.D2C e-commerce is a type of digital business model

YSR Rythu Bharosa

The Andhra Pradesh government has announced a scheme for farmers called YSR Rythu Bharosa Scheme. The government has advanced the implementation of this scheme to the farmers which was originally scheduled to launch by October 2019.  Chief Minister Y.S. Jagan Mohan Reddy credited the 1st installment of Rs.5,500 to 52.3 lakh eligible farmers under the

Difference between Professional and Technical Services

The deduction of tax at source (TDS) has been very helpful in the collection of taxes in the country by targeting the source of income itself. TDS eases the taxpayer’s burden of paying tax when it is time to file their income tax returns. That is because, at the time of filing income tax return

What is Dropshipping?

Dropshipping is a popular way to sell online without stocking and shipping goods. That means no inventory, no warehousing costs, no packaging, no last-minute delivery headaches—essentially, you can outsource everything that happens after a shopper makes a purchase. What is Dropshipping? Dropshipping in India can be stated as a business where the seller does not maintain

Fundamental Rights of Indian Citizens

Fundamental Right is a charter of rights contained in the Constitution of India. Fundamental Rights assured all Indians to ensure that we live in peace and harmony as citizens of India. In this article, we look at the Fundamental Rights of Indian citizens as per the Indian Constitution. The Constitution of India is the supreme law

Need of Cost Management Accounting

Finance and Accounting have grown in importance in today’s competitive business environment, where corporate organisations must provide an accurate and fair picture of their financial status. As a result, the use of accounting in the business sector has become an essential aspect. The Company Secretary must offer comprehensive and accurate information about the company’s financial activities

Royalty

Royalty payments allow business owners to make money from their ideas or to use well-known brands to sell products. So, what is royalty in business, and why is it important for employers to know? Business owners should understand how royalties work before entering into a royalty agreement as a licensee or licensor. Introduction Royalty refers

Ebitda

Earnings before interest, tax, depreciation and amortisation (EBITDA) is a financial metric that helps calculate a company’s financial performance and cash flow. EBITDA is a precise calculation of financial performance because it shows earnings before financial and accounting deductions. What Is Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA)? EBIDTA is the acronym for Earnings

How to open a Medical Store in India

Opening a medical store requires many registrations and must follow legal procedures before selling medicines. India’s pharmacy and healthcare sectors have grown tremendously due to the increase in corporate and multi-speciality hospitals. Establishing a medical store is a good option for entrepreneurs having less capital and want to invest in the healthcare sector.Healthcare sector in