About EasyLegalTax

This author has not yet filled in any details.
So far EasyLegalTax has created 19 blog entries.

Export Incentive Schemes in India – EasyLegalTax

By |2019-05-22T14:01:34+05:30May 22nd, 2019|Foreign Trade|

In Foreign Trade Policy 2015-20, Government has introduced majorly two Schemes for exports of merchandise and services viz.:    (i) Merchandise Exports from India Scheme (MEIS),                                              and    (ii) Service Exports from India [...]

Obligation under “TAKE OR PAY” agreement:-is it operational Debt under IBC? – EasyLegalTax

By |2019-04-23T11:47:32+05:30April 20th, 2019|Insolvency(IBC)|

For filing Complaint for recovery of money under IBC the one should be either financial creditor or operational creditor. To qualify as creditor in either of the category- financial or operational creditor the one must be qualified as per the definition of owing financial debt or operational debt. It is always been and debated [...]

List of 32 Mandatory Compliances of Private Limited Company – EasyLegalTax

By |2019-04-23T10:33:11+05:30April 20th, 2019|Company Law|

1. Company Name Board- Every Company shall paint or affix the name and address of registered office and keep the same painted/affixed, outside every office or place in which its business is carried on, in legible letters. 2. Letter Head of Company- Every Company shall get its name, address of registered office, CIN, telephone and [...]

How To Write Effective Project Report For Raising Funds By NGO? – EasyLegalTax

By |2019-04-23T10:35:26+05:30April 20th, 2019|NGO`s|

Any organisation running as non-profit, it requires funds when it comes to funds the question arises from where it will come? Funds will be contributed by your potential donors. Donor are always there but they must be convinced with strong reasons answering their all why’s for them going ahead funding your NGO. To present [...]

What is Insolvency And Bankruptcy Code? – EasyLegalTax

By |2019-04-22T12:02:39+05:30April 13th, 2019|Insolvency(IBC)|

What is IBC? Insolvency and Bankruptcy Code 2016 is one of the biggest step undertaken by India towards much required economic reform of country. That’s why Government has rolled out such a code in a very speedy manner for its implementation. History Line of IBC:- Difference between Insolvency and Bankruptcy? Going forward [...]

4 Situations When Liquidation Can Be Ordered Under IBC – EasyLegalTax

By |2019-04-22T12:01:20+05:30April 8th, 2019|Insolvency(IBC)|

Under insolvency and bankruptcy law, it’s always not been the situation that the resolution process for the revival of corporate debtor initiated under the code becomes successful and everyone gets the satisfied solution. In such situation, liquidation of the debtor becomes the last option. There could be following four situations under which liquidation can [...]

What Is FSSAI & How To Get FSSAI License? – EasyLegalTax

By |2019-04-22T12:00:09+05:30April 6th, 2019|Registrations|

What is FSSAI? FSSAI stands for Food Safety and Standards Authority of India. It is an organization that monitors and governs the food business. It ensures the food products undergo quality checks thereby curtailing the food adulteration and sale of bad quality products. Who should get FSSAI License? Every food business operator (FBO) involved [...]

NGO’s has to maintain which Book of Accounts?- EasyLegalTax

By |2019-04-22T11:58:33+05:30March 23rd, 2019|NGO`s|

In India, NGO’s are frequently used as a clever tool for tax planning or we may say as tool used for giving colour to taxable money as exempted money. In income tax, there are specific provisions which clearly sets rules for businesses or professionals that they need to maintain the prescribed list of books [...]

How To Get NBFC Registration? – EasyLegalTax

By |2019-04-22T11:57:44+05:30March 22nd, 2019|Finance companies, Registrations|

What is NBFC? Non-Banking Financial Company is similar to a conventional Bank except issue on Demand drafts and cheques. NBFC principally provides money services to people and Businesses. NBFC is understood for fast loan process compared to the bank, Most of the NBFC matured today and actively participating in loaning model, that is growing [...]

NBFC- Source of Finance – EasyLegalTax

By |2019-04-22T11:56:53+05:30March 1st, 2019|Finance companies|

We describe the sources from which businesses and their needs satisfy. This may assist us in realizing the need of finance. Internal Self Finance: quantitatively of significance, One source, is the saving of the unit. Like banks, capital market etc. The company's economies, comprised of the earnings that are retained and depreciation, are short [...]