Gold for Indians is an emotion. It symbolises our culture, tradition, and heritage. Whether it is a marriage ceremony or any auspicious event, Indians gift gold jewellery or coins to their loved ones as a token of fortune. Thus, while visiting countries like Dubai, where gold is available at a cheaper rate, Indians prefer buying […]

Every business exists with the sole purpose of selling their products or services and making a profit to further their enterprise. For retail brands, manufacturing a good product, mass producing it, and getting it out to consumers is of paramount importance. Moreover, FMCG and CPG products are particularly widespread at retailers’ because most of them are for

Lakme franchise is an excellent business venture for entrepreneurs. You don’t need to have a background in the beauty sector, franchising implies comprehensive training. Thus, Lakme cooperates with banks to ensure that female entrepreneurs can easily secure financing for franchise setup. Being beautiful and feeling content with one’s self is important for many men and

The Deposit Insurance and Credit Guarantee Corporation (DICGC) is a wholly-owned subsidiary of the Reserve Bank of India (RBI), established to provide insurance protection to bank deposit holders. In the event of a bank’s failure, the DICGC insures depositors by covering their deposits up to a specified limit. Under DICGC’s insurance cover, up to ₹5 lakh (including principal and interest) per depositor per bank is

Small and Medium-sized enterprises (SMEs) are important for a country’s GDP, especially in a country like India. In India, these Small & Medium-size enterprises contribute to around 30% of the country’s overall GDP; along with creating & providing employment opportunities to a large chunk of population. That’s the reason, SMEs are the backbone of India’s

A stock, also known as equity, is a security that represents the ownership of a fraction of the issuing corporation. Units of stock are called shares, which entitle the owner to a proportion of the corporation’s assets and profits equal to how much stock they own. Stocks are bought and sold predominantly on stock exchanges and are the foundation of

The Cabinet has approved the formation of the 8th Pay Commission to revise salaries of Central government employees and pensioners. The commission is expected to be implemented by January 1, 2026, benefiting nearly 50 lakh employees and 65 lakh pensioners. What is a Pay Commission? Every 10 years, the government constitutes the Pay Commission to

A standard operating procedure (SOP) gives you the step-by-step instructions needed to perform specific tasks consistently and efficiently.  The purpose of SOPs is essentially to be a go-to guide for solving problems, ensuring safety, and maintaining high performance across your company. What is Standard Operating Procedure? Standard Operating Procedures or SOPs is a fancy way

New sections were introduced in the Finance Bill, 2021 to deduct TDS (tax deducted at source)/ collect TCS (tax collected at source) at higher rates when the amount is paid to specified persons who have not filed their income tax returns.  Section 206AB is inserted after section 206AA of the Income Tax Act. The latter

Corporate governance in India sets the guidelines for how a company operates, aiming to ensure that the company’s activities are good for everyone connected, including investors, leaders, customers, suppliers, financial backers, regulators, and the community. Aspects of Corporate Governance Corporate Governance must uphold the rights & equality of shareholders and must fix their responsibilities and