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What is CSR? Corporate Social Responsibility or CSR is a managerial theory wherein corporate houses acknowledge their social and environmental responsibilities and incorporate them into their corporation’s operations. Thus, CSR is the medium through which a company achieves a balance of economic, environmental and social imperatives. Such an approach is…

  The term notice is derived from Latin word “notitia” which means “a being known” or a knowing is wide enough in legal circle to include a plaint filed in a suit. A notice is simply an information or warning or reminder of something registered in a writing form which…

The word significance of the expression "audit" is check, review, examination, and so on. There are different sorts of audit mentioned under various laws like company law requires an company audit, cost accounting law requires an cost audit, and so forth. The Income-Tax Law requires the citizen to get the…

MSME stands for micro small and medium enterprises which are the cornerstone for any developing country. To help and advance MSMEs, the Government of India through different sponsorships, plans and incentives advance MSMEs through the MSMED Act. To profit, the advantages under the MSMED Act from the Central or State…

The establishment of Companies Act, 2013 permitted India to have an advanced enactment for development and regulation of corporate area in India. The demonstration was ordered considering the changing monetary and business climate both locally and worldwide to work with business-accommodating corporate regulations, further develop corporate administration standards, upgrades responsibility…

Trademark is an example of intellectual property. It could be a term, gadget, phrase, logo, or any mixture obtained by any organization or corporation to distinguish their commodity from the commodities of other firms. It is also referred to as the “Brand Name”. Any corporate organisation, individual, or legal body…

Agriculture is supposed to be India's principal employment. It is sometimes the only source of income for India's massive rural population. The country as a whole is completely reliant on agriculture for its fundamental food needs. The government has a plethora of plans, laws, and other measures in place to…

GST (Goods and Service Tax) is a tax regime that is encouraged by the Government to promote an integrated business based in India. It allows every inspector to self-assess his or her tax liability and submit timely refunds to the government without the substantial intervention of any tax official. As…

On account of its flexibility, compliance, tax, and performance, LLP can be useful for small and medium-sized businesses, in general. Internationally, LLPs are the preferred business vehicle, especially in the service or professional industry. Conversions from an existing business structure can be made to LLP while maintaining the benefits of…

  There are two very new concepts in the changing scenario of corporate law in India. The first is OPC which stands for One Person Company, and other is LLP which stands for Limited Liability Partnership.  The concept of LLP is a modern form of Partnership firm with the advanced…