INTRODUCTION TO PATENT

A patent is an exclusive right granted by the government to the inventor to prevent others from using, manufacturing, and selling his or her invention for a certain period. It refers to a patent with a monopoly privilege. However, not all inn

What is a Virtual CFO?

A virtual Chief Financial Officer (vCFO) is an outsourced service provider that provides high-skilled support for an organization's financial needs, precisely like a chief financial officer does for

Generally, barter transactions are believed to have existed before the development of currency. However, barter is still fashionable, but not as a fundamental means of trade and commerce but as an inventive one. There are a variety of tr

What is Tax Deducted at Source (TDS)?

According to the Income Tax Act, any firm or individual making a payment must deduct tax at the source if the payment exceeds certain thresholds. TDS must be d

On April 13, 2022, the Company Law Committee released its third report, in which it made suggestions to the Government for amendments to the Companies Act, the Limited Liability Partnership Act of 2008, and the laws and rules enacted thereunder. The Report sugge

Introduction to Contracts

The Indian Contracts Act, 1872, section 2(h), defines contracts as:

Meaning of HR Compliance

HR Compliance is the commitment of an organisation to adhere to the labour laws mandating operating standards.

The Micro, Small, and Medium Enterprise Development Act of 2006 provides provisions for dealing with micro and small business payment delays. If the buyer is unable to pay the supplier for the supply of their products or services within 45 days

Depending on the nature of the wrongdoing, a person may pursue legal action against the perpetrator in a variety of ways, including civil and criminal actions, as well as out-of-court settlements if the parties involved agree to them. According