An Authorised share capital determines the maximum number of shares a private business can issue. According to the 2013 New Companies Act, there is no minimum capital increase requirement. The capital clause of the Memorandum of Association is updated by the board approving an ordinary resolution in order to issue additional shares or increase the […]

Karnataka is India’s 6th largest state by area. It houses an extensive road network spanning 91959.80 km composed of major district roads and national and state highways. Most of its population relies on public transport or private vehicles to make their commute within the state.  This southern state also experiences yearly increases in its traffic

GST search by PAN tool is a powerful and user-friendly feature designed to help businesses and individuals verify the GST registration details of their suppliers or customers quickly and easily. What is GSTIN? GSTIN is the GST identification number or GST number. A GSTIN is a 15-digit PAN-based unique identification number allotted to every registered person under

In India, legal metrology is the New name of Standards of Weights and Measures. The Standard of Weights and Measures Act,1976 was enacted primarily to establish standards of weights and measures, to regulate trade or commerce in weights, measures and other goods that are sold or distributed by weight, measure or number. It is based

The Companies Act, 2013 (‘Act’) introduced the concept of small companies to provide advantages for small businesses operating as private limited companies. Small companies have less annual revenue compared to regular-sized companies. In a developing country like India, small companies play a significant role in generating profits and boosting employment. Thus, they are the backbone of the economy.

Every company is required to file the Audited financial statement and annual return as per The Companies Act, 2013 within 30 days and 60 days respectively from the conclusion of the Annual General Meeting date. Filing of an Audited financial statement is governed under Sections 129 and 137 of The Companies Act, 2013 read with

A Demat Account, also known as a Dematerialized Account, allows you to keep shares and assets electronically. Shares are purchased and stored in a Demat Account while online trading, making it easier for consumers to trade. A Demat Account consolidates an individual’s interests in stocks, government securities, exchange-traded funds, bonds, and mutual funds. what are depositories

In India, youth folk’s entrepreneurship desires seem to be on the upswing. The main factor about this is that there are currently several more technology options throughout the nation and enabling transforming a business is incredibly easy. The main export items made in the region are hand-print fabrics, marble statuettes and enamel products. Jewelry, brass

SWP stands for systematic withdrawal plan. Under SWP, if you invest lump sum in a mutual fund, you can set an amount you’ll withdraw regularly and the frequency at which you’ll withdraw. For example, let’s say you invested in HDFC Top 200 Fund an amount of ₹1 lakh for a year. Let’s assume that you decided to withdraw an

Form 16B basically is an indicator of the amount of money that has been deducted as property Tax Deducted at Source (TDS). The buyer, in this case, is required to basically minus the TDS on property at the time of the property sale. Form 16B which is a TDS certificate reflects the amount that has