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So far EasyLegalTax has created 15 blog entries.

What is Insolvency And Bankruptcy Code?

By |2019-04-13T17:27:02+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 to [...]

4 Situations When Liquidation Can Be Ordered Under IBC

By |2019-04-08T16:15:54+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?

By |2019-04-06T12:16:00+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?

By |2019-03-29T13:10:06+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?

By |2019-03-26T21:35:37+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

By |2019-03-26T21:35:06+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 [...]

Fintech In India

By |2019-03-26T21:34:29+05:30March 1st, 2019|Finance companies|

FinTech (Financial Technology) are disrupting the traditional finance practices with better and efficient innovative technologies. As the financial sector explores opportunities to adopt this shift, it is imperative to understand the potential of such innovations and business models. Fintech is key for financial transactions in near future. However, Firms had to innovate with technology, [...]

Home Buyers Which Way To Go RERA Or Insolvency Code? -EasyLegalTax

By |2019-04-13T12:49:49+05:30February 20th, 2019|Insolvency(IBC), RERA|

Complaint against builder under RERA or IBC? As the fastest growing economy of the world, India is witnessing heavy development in the form of setting up of new industries, new residential development. Rural population is heavily migrating around the metropolitan cities because of which heavy construction is going around the main cities of India [...]

Why Home Buyers Are Unsecured Creditors Under Insolvency And Bankruptcy Code? -EasyLegalTax

By |2019-04-09T12:08:04+05:30February 20th, 2019|Insolvency(IBC)|

Indian real estate buyers are witnessing lots of confusion regarding the recovery of their money lying withbuilders, adding more atrocity to situation now the builders don't have money to pay back, the projects are stucked in middle or with no development. Arrival of new RERA law, adding hopes in the life of home buyers for [...]

7 Important Differences Between NCLT and DRT -EasyLegalTax

By |2019-03-26T21:31:51+05:30February 20th, 2019|Uncategorized|

Every country in its economic system has the ever going hard challenge of recovery of money resultant to which various debt recovery mechanisms has been setup, like wise in India, in the 1990’s, since the banks were incurring huge losses due to bad debts and ever increasing Non Performing Assets(NPA’s), government felt the need [...]