Government or public-sector banks are banks where the majority, i.e. more than 50% of the stakes are held by the government. These banks are a major contributor to the country’s economic growth. Public sector banks offer various types of loans, like personal loans, car loans, home loans, education loans and even credit cards.. When a person deposits money in the bank, they earn […]
India’s investment ecosystem and external commercial borrowings (ECBs) have witnessed significant developments over the past few years. The recent report by the State Bank of India (SBI) has highlighted trends in investment announcements, private sector’s contribution, and role of ECBs in corporate financing. Investment Announcements (9MFY25) Investment activity in India continues to grow at a rapid pace, with significant contributions from the private
The organic farming system is a traditional method of farming which focusses on growing crops in a way that soil is alive and the food that we consume is healthy. Organic farming uses organic fertilizers and farming methods that result in the sustainable production of crops without affecting the quality of the production. The concept
Company Registration When starting a business in India, one can choose different legal structures such as sole proprietorship, partnership, LLP, or company. While a proprietorship or partnership can be started with minimal registration, opting for company registration with the Registrar of Companies (ROC) gives the business a stronger legal standing, limited liability protection, and higher
Register Private Limited Company in India online. Private Limited Company Registration is one of the first steps of starting your own company and business in India. Private Limited Company do not only offers limited liability, separate legal entity but provides credibility to a business and gives them an opportunity to raise funds in the form
When starting a business in India, one of the initial steps involves registering your company. A crucial part of this process is getting your company name approved. The approval of your company name is an important milestone, as it ensures that the name complies with the regulations set by the Ministry of Corporate Affairs (MCA)
In a recent decision, the Income Tax Appellate Tribunal (ITAT) Jaipur disposed of the appeal filed by Shri Ladu Ram, an agriculturist from a rural area, against the impugned order passed by the Commissioner of Income Tax (Appeals) [CIT(A)] on 30th April 2024. The appellant’s appeal had been filed 98 days after the prescribed deadline,
India’s income tax system is progressive, meaning tax rates increase with higher income levels. The income tax slab in India specify the applicable rates for different income brackets and vary based on residential status, age, and type of taxpayer. There are two tax regimes: the new tax regime and the old tax regime. The applicable income
The food and beverage industry in India is one of the most booming industries. With a population of over 1.3 billion people, this sector has a lot of potential for growth. The state of Goa is no different. To start a food business in Goa, you need to obtain a food license from the state
A birth certificate is a legal document which serves as an identity proof for citizens residing in a particular state. In Bihar, the birth certificate is issued by the Chief Registrar of Birth. Registering Birth in Bihar Births in a Nursing Home or Hospital: – The person who is authorized by the medical institution is eligible
CA Bhuvnesh Kumar Goyal
Chartered Accountants
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