How GeM Tender Bidding Can Help Small Businesses Grow
## Understanding GeM and Tender Bidding The Government e‑Marketplace (GeM) was launched on 9 August 2016 as an online portal to streamline public procurement. GeM enables government departments and public‑sector undertakings to buy goods and services electronically using tools such as e‑bidding, reverse auctions and demand aggregation. The portal has scaled rapidly – by 2019 […]
Why Tax Audit is recommended for Futures and Options Trader?
Why Tax Audit is recommended for Futures and Options Trader? Why Tax Audit is Recommended for Futures and Options Traders – In F&O trading, the money you earn or lose is counted as business income under Indian tax rules. This means you need to follow the same tax laws as a business. A tax audit […]
LLP vs PVT LTD Company (Which Business Structure Suits you more)
Complate Guide LLP or Pvt Ltd – What’s Better for Your Business? Starting a new business? One of the first and most important decisions you’ll face is picking the right setup for it. In India, two common options are LLP (Limited Liability Partnership) and Private Limited Company (Pvt Ltd). Each one has its own benefits […]
Legal Entity Identifier (LEI) is mandatory for Banking Transaction Above 50 Crore
Legal Entity Identifier (LEI) is mandatory for Banking Transaction Above 50 Crore RBI has specified the following introduction related to Legal Entity Identifier (LEI Code) in recent Notification/Circular – RBI/2020-21/82 The Legal Entity Identifier (LEI Code) is conceived as a key measure to improve the quality and accuracy of financial data systems for better risk […]