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Roles and Responsibilities of Statutory Audit


Statutory Audit is an audit made compulsory by the Companies Act 2013 to analyze and brief into a report published to give an overview of the operational outcome of the company.

12 Nov 2021 by Rashmita Das

Preference Shares vs Equity Shares


Equity shares are commonly known as ordinary shares whereas preference share enjoys more benefit while receiving their dividend distribution. The Equity shareholder possesses the right to vote in the company matter whereas preference shareholders can vote

01 Apr 2019 by Archi Bhatia

How to register an NBFC?


A company registered under the Companies Act having the principal business activity of providing financial services is a Non-Banking Financial Company (NBFC).

17 Nov 2021 by Bhawna Arora

ESIC Portal: Services, Login Process for Employee and Employers


The Employees' State Insurance Act (ESI Act) was introduced by the Parliament in 1948 to establish legislation regarding social security for workers in the country. This Act encircles certain health-related situations such as sickness/ maternity/ temporar

19 Jan 2022 by Bhawna Arora

OPC Annual Filing


Every OPC has a legal obligation to file an annual return in form MGT-7 and financial statements in form AOC-4 every year with registrar which exhibits the true and important information of the company.

02 May 2017 by Archi Bhatia

Corporate Tax Rate Cut: Diwali Celebrations Come Early for India Inc.


Government slashes the corporate tax rate for domestic companies from 30% to 22% and for manufacturing company the tax rate is even lower.

22 Sep 2019 by Archi Bhatia

Importance of Appointing An Auditor


After incorporating a new company, it is mandatory for the Board of Directors to collectively appoint an auditor for the company to evaluate company financials.

20 Feb 2019 by Jaskirat Kohli

Terminologies in OPC


One Person Company.Requirements of a One Person Company.Detailed List of Terms used if you are planning to register a One Person Company in India.Learn what is MCA,DIN,DSC and other various useful terms

12 Apr 2016 by Titly Chatterjee

Cost of Private Limited Company Registration in India


A private company requires to be registered to form a Private Limited Company. The Cost to register a Private Limited Company in India/ Registration of Pvt Ltd Company would vary depending upon the No. of Directors, No. of members, authorized share capita

11 Feb 2022 by Yati Nijhawan

Can a Minor Become a Shareholder of the Company?


A shareholder is a person who owns the ownership rights in a company by investing in the company’s shares. A minor can only become a shareholder when he’s gifted or transferred shares only under the guidance of his guardian.

11 Mar 2019 by Jaskirat Kohli