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Cash transactions have always played a major role and serve as a constant source of black revenue collection. The government has recently introduced a variety of measures to curb trade in cash payments and improve digital payments. To monitor the use and distribution of black money, governments have been imposing…
A Non-Resident External (NRE) account is a bank account for NRIs which are INR-dominated to transfer their foreign currency to India. Foreign exchange earnings can be credited to NRE accounts and maintained in Indian Rupees. This article discusses all the benefits, types, features and much more about Non-Resident External (NRE)…
A charge is a security given to the creditors for securing loans and debentures by creating mortgage on the assets of the company. The charges are created on both existing as well future property by agreeing to the terms for making the create charges available as a security for the…
A sale deed is a legal instrument detailing a property sale between the parties. It is proof of ownership. Once the execution of the sale deed has been completed, the property's ownership is transferred to the buyer. The buyer gets full control over the property and confers the title of…
Introduction Business risk refers to a company's or organization's susceptibility to circumstances that might lower its profitability or lead it to fail. Business risk is defined as anything that jeopardises a company's capacity to accomplish its financial objectives. Sometimes a company's direction or management creates conditions in which the company…
A "Limited Liability Company (LLP)" is a contemporary type of a limited liability legal entity. It is a unique corporate structure offering the benefits of not only the limited liability at a low compliance cost but also authorizes the partners to organize their internal structure like a typical partnership. Because…
The employees of the company are the important element for the successful operation of the company. The companies can give appreciation to the employee for their efforts by issuing shares to them. This provides a motivation to the employees to work better in the company. It also helps the company…
A sale deed is a legal document depicting the transfer of title, rights and ownership of the immovable property from the seller to the buyer. The sale deed is an essential document which legally binds both the seller and the buyer otherwise transferor or transferee. A deed becomes legally bound…
Any entity which is interested in starting a business requires an appropriate license to carry out and execute its activities. Thus, for trading or dealing with the drugs the entity requires a legal permit which is issued by the individual state government which becomes the place of the business that…
Trademark is a mark that includes a device, name, symbol, words or any representation that represents the brand value of the company. Registration of a trademark will protect its unique position and brand value. To safeguard and empower the position of the design or any graphical representation it is…
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