Online Withdrawal of Provident Fund: A Complete Guide It might seem a bit intimidating to withdraw your Provident Fund amount, but proper guidance can make the whole process very seamless and hassle-free. Whether you are near retirement or in need of financial assistance, knowing how to get into your PF is pretty important. Let’s go […]
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Understanding the Cash Flow Statement: Its Importance and How It Aids Decision-Making Understanding your finances is undoubtedly necessary for running a business. Among the most useful tools to get this knowledge is the cash flow statement. While profit and loss is a common focus for business owners, understanding cash flow is equally important. Today, we
Post-Incorporation Compliances Every New Business Should Adhere To Starting a company is exciting, but once it’s established and functioning, it has to carefully adhere to the law. This is due to the possibility that non-compliance can lead to fines, harm to one’s reputation, and ultimately reduce operational efficiency. In India, regulations such as the Companies
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Effective Tax Planning Strategies for SMEs With VCFO The survival of small and medium-sized businesses in India depends on effective tax planning. According toMSME reports, SMEs account for 40% of India’s total export revenue and contribute about 30% of the country’sGDP. Due to the complexity of Indian tax rules and regulations, tax planning smes must
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New Labour Code: What It Means for Your Business and Your Employees The Indian government simplified 29 labor laws into four labour code in October 2022, a major shift in thecountry’s labor laws. The action was taken in an effort to simplify corporate operations, promote economicgrowth, and get rid of unnecessary labor laws. These new
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Top 7 Qualities to Consider in a Certified Court Reporter An Introduction: Court reporters play a very crucial role in ensuring that legal paperwork is done accurately, as they keep on writing down the spoken words, especially during court hearings, arbitrations, and depositions. A court reporter with the necessary experience must be hired, especially
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VCFO or in-house CFO: Which is better fit for your company? It can have a significant impact on your business’s growth and financial health, whether you hire a Virtual Chief Financial Officer (VCFO) or an in-house chief financial officer (CFO). When it comes to financing decisions for your company, choosing a good in-house or VCFO
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The Importance of Grievance Handling in the Workplace Introduction: Conflicts in any workplace are bound to happen. A fair settlement for both employers and employees requires a well-structured approach, whether it is amongst coworkers or against management. Grievance handling is a crucial step in the process of maintaining harmony at work, which is made possible
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Legal Framework for Resolving Wage Disputes in India The Indian Constitution aims to protect workers’ rights by including provisions on wage disputes and theenforcement legal framework of fair compensation practices. These provide channels for resolving issues with minimum wageand unfair wage deductions, including non-payment and delayed payment. Both employers and employees must have a thorough
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How Can a VCFO Help You Improve Financial Reporting for Investors? A company needs to report its finances correctly in order to win over investors and drive growth. The investor will only consider reliable and transparent financial data when reviewing a company’s prospects and overall health. A company would need to have the highest standards
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