Medicine has been vital to the survival of humanity throughout history and the treatment of serious diseases. Medicine is the only mechanism we have to combat disease. However, a pill used for specific/original purpose illness does not classify as a consumable good like chocolate, Used grown for consumption....
Establishing an educational trust is an admirable way to support learning and assist students, especially those from low-income backgrounds. To maintain the best possible use of resources—one that is transparent and accountable—an educational trust must abide by several laws and guidelines. In this blog, we will look at the key concerns surrounding the registration of educational trusts and the rules that control their creation and management....
Laws mandate that a statutory audit checklist be used to assess a company's financial statements. The checklist tracks whether the financial statements give an accurate and fair picture of the company's current situation....
To ascertain if IGST, SGST, and CGST are applicable, it is crucial to understand the GST intrastate and interstate concepts. To ascertain if an intrastate or interstate GST rate applies, it is critical to ascertain the locations of the buyer and supplier....
The goal of both FERA and FEMA was to improve foreign exchange administration as a whole. To the benefit of the economy as a whole, the former was substituted because it was far stricter than the latter....
FSSAI has released a set of guidelines describing the rules and legislation that govern the tea sector in India. We'll talk more about FSSAI Licensing for Tea Businesses later in this article....
The term "dormant" mostly refers to anything which is not usually active or is usually functioning. The Companies Act (2013), in its Section 455, mostly defines a dormant company....
Directors are those members of the collective body sometimes referred to as the Board of Directors who oversee, manage, and direct the activities of a firm. Considered the trustees of the company's assets and money, directors also serve as the agents in deals they negotiate on behalf of the business....
An auditor is a member of a Chartered Accountancy network who has been registered under the Chartered Accountant Act of 1949 and trained in the verification and analysis of accounting reports....
The incorporation process may raise numerous inquiries, particularly for those unaware of the distinction between corporation and incorporation and the difference between Inc. and Corp. Let us look into the same and understand the distinction between them!...