TAX PAYERS – INDUSTRY, TRADE AND COMMERCE – EXPECTATIONS

TAX PAYERS – INDUSTRY, TRADE AND COMMERCE – EXPECTATIONS

The Industry, Traders and Commerce sections are largest tax payers of the Country. Also they are the wealth creators, employment creators, Investment opportunity generators. Generally the honest tax payers always expect some favorable attitudes from the Tax authorities in the form speedy process of clarifications, education and information for understanding the tax rates, due dates, […]

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 NON PAYMENT OF LOANS – LOSS DUE TO ATTATCHMENTS

NON PAYMENT OF LOANS – LOSS DUE TO ATTATCHMENTS

It is noticed that many of Financial Institutions like Banks, Financial Corporations are resorting to attachments and sale of assets of the Industry, Commercial Organizations and Personal properties of the borrowers, guarantors. This act is totally stopping the Industrial, Commercial activity of the Commercial Organization. The Bank, Financial Institution will not get any amount of […]

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 SYMPTOMS OF GOOD FINANCIAL STRENGTH

SYMPTOMS OF GOOD FINANCIAL STRENGTH

1. Financial : You are able to meet financial commitments of payments of interest, Installments, administrative overheads, contributors of products and services in time without borrowing or adjustment. 2. Assets : Able to acquire assets after replacement with inner generated funds or with the help borrowing not more than half of the cost of new […]

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 INCORPORATION OF A COMPANY IN INDIA BY NRI

INCORPORATION OF A COMPANY IN INDIA BY NRI

Steps required for Incorporation of a company in India by a NRI: 1. It is advisable that at least 2 Resident directors from India. 2. Directors need not have any share capital. 3. Obtain Director Identification Numbers for all directors. 4. Digital signature for at least one director. 5. Application for Name availability. 6. Details […]

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 NON PAYMENT OF LOANS – LOSS DUE TO ATTATCHMENTS

NON PAYMENT OF LOANS – LOSS DUE TO ATTATCHMENTS

It is noticed that many of Financial Institutions like Banks, Financial Corporations are resorting to attachments and sale of assets of the Industry, Commercial Organizations and Personal properties of the borrowers, guarantors. This act is totally stopping the Industrial, Commercial activity of the Commercial Organization. The Bank, Financial Institution will not get any amount of […]

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 INDUSTRIES

INDUSTRIES

The industries are having options to reduce the cost of manufacturing, transportation, administration overheads and marketing promotion expenses without losing share in the market thereby increasing the profitability of the organizations. The standards has to be prescribed and directed to be followed at all levels. the costs can be reviewed and analyzed very frequently with […]

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