Non-Banking financial companies(NBFC) NBFC stands for Non-Banking financial companies. As per Part 451(c) of the RBI Act, a Non-Banking Firm that carries the enterprise of a monetary establishment is named a Non-Banking financial Company or NBFC. What’s a NBFC? A Non-Banking financial Company is an organization that’s registered below the Corporations Act, 1956 of the […]
Types Of NGOs In India NGOs types can be understood by their level of operation & Orientation. NGO types by Orientation: Charitable Orientation Charitable Orientation involves a paternalistic effort with minimal participation by the “beneficiaries”. It covers NGOs with campaigns directed toward fulfilling the needs of the poor- clothing or medicine, food distribution, housing provision, […]
Farmer producer Company- Overview A Producer Producer was launched in India with the Firms Act, 2013. It offers individuals engaged in actions associated to producing (what has been grown or produced, significantly by farming) the chance to kind an organization. A farmer producer firm will be shaped by 10 or extra producers (individuals concerned in, […]
What’s a Trademark? In keeping with the U.S. Patent and Trademark Workplace, a trademark is “a phrase, phrase, image or design that identifies your items and providers” and distinguishes your model from rivals. A trademark is used for items, whereas a service mark is used for providers. A trademark provides you the unique proper to […]
Influence of Revised RBI Tips on Part 8 Microfinance Corporations Once you want to create a monetary enterprise throughout India with out RBI clearance and capital restrictions, registration of microfinance corporations below part 8 is the very best different. Part 8 microfinance corporations could be established with microfinance goals for social functions with the intention […]
Be taught why all small companies ought to take into account trademark safety for his or her enterprise identify, logos, and model symbols. Actually you’ve heard the time period “trademark.” Nonetheless, you is probably not clear how trademarking may benefit your individual small enterprise. Do that you must take into account trademarking? What are you […]
GST registration is a course of by which a taxpayer will get himself registered beneath GST. As soon as a enterprise is efficiently registered, a novel registration quantity is assigned to them often called the Items and Companies Tax Identification Quantity (GSTIN). It is a 15-digit quantity assigned by the central authorities after the taxpayers […]
Corporations Act, 2013 permits for the incorporation of several types of corporations with various ranges of legal responsibility for the shareholders and members. Based mostly on the necessities of the enterprise, the promoters can additional select between the next three kinds of Private Limited Company – along with selecting between the entities (LLP, Personal Restricted […]
Proprietorship is the only enterprise kind below which one can function a enterprise. The only proprietorship shouldn’t be a authorized entity. It merely refers to an individual who owns the enterprise and is personally accountable for its money owed. Sole Proprietorship is the simplest type of enterprise finished in India because it isn’t ruled by […]
Section 8 Micro finance Company or Micro-finance Institution (MFI) is a financial organization that provides credit to people and organizations who are denied access to traditional financial institutions due to poverty, occupation, ethnicity, religion, or nationality. A Microfinance Company is registered with the Registrar of Companies as per Section 8 of the Indian Companies Act, […]