How To Get A Wine Shop License In India

By |2021-12-01T07:36:42+00:00December 1st, 2021|Categories: Business|Tags: , , , , , , , , |

If you want to sell alcohol in India, you'll need to get a liquor license first. Liquor is sold in India in bars, hotels, some restaurants, clubs, pubs, and discos. As a result, if you want to create a bar or restaurant, you'll require a liquor license. Selling alcoholic beverages without a valid license is illegal [...]

Comments Off on How To Get A Wine Shop License In India

Clubbing of Income under Section 64

By |2021-12-01T07:06:50+00:00December 1st, 2021|Categories: Business|Tags: , , , |

There are a variety of situations in which you may need to combine someone else's money with your own. Hold off on transferring any of your assets or income to another individual as a tax planning strategy to prevent having the income taxed in your hands. Clubbing provisions may be attracted as a result of such [...]

Comments Off on Clubbing of Income under Section 64

CERSAI – Central Registry of Securitization Asset Reconstruction and Security Interest of India

By |2021-12-01T06:56:40+00:00December 1st, 2021|Categories: Business|Tags: , , , , |

The Indian Registry of Securitisation Asset Reconstruction and Security Interest, frequently known as CERSAI, was established to combat fraudulent behavior in lending deals with fair mortgages.  CERSAI is a registry that was created in India to combat fraudulent exertion in lending deals against indifferent mortgages. The Securitisation and Reconstruction of Financial Means and Enforcement of Security [...]

Comments Off on CERSAI – Central Registry of Securitization Asset Reconstruction and Security Interest of India

Definition of ‘Imperfect Competition’

By |2021-11-29T06:26:09+00:00November 29th, 2021|Categories: Business|Tags: , , , , , |

Introduction A competitive market situation with several sellers is known as imperfect competition. However, in contrast to the ideal competitive market situation, they sell heterogeneous (dissimilar) items in imperfectly competitive markets, as the term implies. What is the definition of imperfect competition? Imperfect competition is a term used in economics to describe market characteristics that make [...]

Comments Off on Definition of ‘Imperfect Competition’

Sankalp Scheme

By |2021-11-05T12:24:09+00:00November 5th, 2021|Categories: Business, General|Tags: , , , |

There has been a lack of consistency in the vocational skill training arena. The government has lately created the 'Skill acquisition and knowledge awareness for livelihood promotion' (SANKALP) scheme in order to expand this training space It is a subset of the National Skill Development Mission (NSDM), and its goal is to improve India's skill development initiatives. [...]

Comments Off on Sankalp Scheme

Sinking Funds

By |2021-11-05T09:52:03+00:00November 5th, 2021|Categories: Business, Finance|Tags: , , |

Sinking funds are used to pay off a loan or debt in the future. A business that issues debt will have to pay off the debt in the future, and the sinking fund helps ease this burden. A sinking fund is a type of savings account established for the accumulation of capital over time so as [...]

Comments Off on Sinking Funds