What is a One Person Company? In the earlier Companies Act, forming a company required atleast 2 directors and shareholders. However, Companies Act 2013 introduced a company that may be formed with just one member. One Person Company OPC is … Continued
What is the LLP Settlement Scheme? The MCA has launched the Limited Liability Partnership Settlement Scheme, 2020. MCA is the Ministry of Corporate Affairs. They observed that applicability of additional fee on late filing became a financial burden. And a … Continued
What is ESIC? Employees’ State Insurance Corporation (“ESIC”) is a statutory corporate body. And is set up under the ESI Act 1948. Its responsible for the administration of the ESI Scheme. So the ESIC rates are revised to 4.00%. In … Continued
DPT 3 FAQs MCA notified the Companies (Acceptance of Deposits) Second Amendment Rules, 2019. With this, it asks for new and detailed reporting of deposits. That too in form DPT 3. DPT 3 FAQs in this section will help you … Continued
Categorising Transactions in Zoho books This article is about categorising transactions in Zoho Books. Zoho Books is an online accounting package. And a part of the Zoho applications suite for businesses. Apart from books, the applications include useful tools such … Continued
Company Incorporation FAQs This article shares Company Incorporation FAQs. And specifically relate on opening a company in India. When starting a business, the first thing to do is decide on the organisational structure. The earlier stages of establishing a business … Continued