Tag Archives: #SmallBusinessCompliance

Is fssai license mandatory for small business?

FSSAI License Mandatory for Small Business   FSSAI License Mandatory for Small Business, Yes, obtaining an FSSAI (Food Safety and Standards Authority of India) license is mandatory for small businesses that are involve in food-related activities. The FSSAI is the governing body responsible for regulating and supervising the food safety and hygiene standards in India.… Read More »

Business License Management

Business License Management   Business license management refers to the process of obtaining, renewing, and maintaining the necessary licenses and permits required for operating a business. Effective license management ensures compliance with local, state, and federal regulations, mitigates legal and financial risks, and helps businesses operate legally and smoothly. Here are some key aspects of… Read More »

What is a sole proprietor business license?

What is a Sole Proprietor Business License   A sole proprietor business license is a vital legal document that allows individuals to operate a business as sole proprietors. This business structure is the simplest and most common form of ownership, where one person owns and manages the entire business. Understanding the significance of this license… Read More »

Is mandatory DSC for proprietor ship in GST?

  Is a Digital Signature Certificate (DSC) Mandatory for Proprietorship in GST? In the evolving landscape of India’s tax system, the Goods and Services Tax (GST) has become a central component for businesses across the country. One important aspect of GST compliance is the use of a Digital Signature Certificate (DSC) for filing returns and… Read More »

What are the implications of non registration with GST?

The implications of non registration with GST Non-registration with GST can have various implications, such as: If a business is not registered under GST, it cannot collect GST from its customers. This means that the business will have to bear the tax burden on its own, which could impact its profitability. To visit:https://www.gst.gov.in/ Penalty for… Read More »