In today’s global business environment, international transactions are no longer limited to large corporations. From startups receiving foreign investment to SMEs engaging in overseas trade, many Indian businesses are now part of the global financial ecosystem. With this global exposure comes the responsibility of complying with FEMA (Foreign Exchange Management Act) and the regulatory framework […]
Tag Archives: Company Registration in Pune
Purpose of TDS The main purpose of TDS is to minimize the tax evasion. Through TDS the government can collect the tax at an early stage weather wholly or partially. Some people intentionally tend to evade tax by not disclosing their incomes on the other hand some people cannot show their taxable income due […]
Introduction As per section 3 (1) of the Companies Act, 2013, a company may be formed for any lawful purposes in the form of a Private Limited Company with minimum of 2 persons Public Limited Company person with a minimum of 7 persons One Person Company In a country like India where sole proprietorship form […]
Funds are the most important part for running a business. The Companies borrow funds from various sources like Banks, Financial Institutions, other Body Corporate Members, Director or Stake Holders etc. These funds are further classified into two parts viz Owned Capital and Borrowed capital or Borrowings. Owned capital comprises of funds collected by issuing shares […]