Tag Archives: #ComplianceInsights

Difference between statutory and Mandatory Certificates?

    While there may be some overlap in their requirements, there are distinct differences between the two: Statutory Certificates: 1. Legal Requirement: Statutory certificates issued to comply with specific laws or statutes. These laws can be enact by the government or regulatory authorities and are binding on individuals or entities operating within the jurisdiction.… Read More »

Are business licenses required?

Are business licenses Required Are business licenses required, Yes, business license are typically required for most businesses to operate legally. The specific licenses and permits needed can vary depending on factors such as the nature of the business, location, and industry regulations. Obtaining the necessary licenses ensures that businesses comply with local, state, and federal… Read More »

What licenses does my business need?

Businesses Licenses   The licenses your business needs depend on various factors such as the nature of your Businesses Licenses, its location, and the industry you operate in. While I can’t provide an exhaustive list without specific details. Here are some common licenses and permits that businesses may require:  1. Business License: A general business… Read More »

Secretarial Audit Vs. Compliance: Difference between secretarial audit report and secretarial compliance report ?

Secretarial Audit Vs. Compliance  The difference between a secretarial audit report and a secretarial compliance report lies in their scope and purpose. Here’s a breakdown of each: Secretarial Audit Report: Scope: A secretarial audit report provides an independent evaluation of a company’s secretarial and compliance practices. It covers a comprehensive examination of statutory registers, filings,… Read More »

How can I renew my GST registration?

How to Renew Your GST Registration in India Renewing your GST (Goods and Services Tax) registration is essential to ensure compliance and avoid penalties. Here’s a simple guide on how to do it. 1. Check Renewal Requirement GST registration typically does not expire, but if you have received a notice from the GST department or… Read More »