What aspects one should keep in mind while conducting due diligence?

Due diligence is the most important aspect of startup investing. Without it, you won’t have the slightest idea of how successful (or unsuccessful) a venture is likely to be – you might as well be throwing your money into the wind.

Due diligence requires a bit of digging, especially as its trail is often hard to find; complex regulations and fear of putting off potential investors mean that the facts may be hidden beneath layers of flowery (and imprecise) language.

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Importance of business law for small or single entrepreneurs

Entrepreneurs or small business owners should know the basic of everything including accounting, marketing, advertising, governmental policies, laws, and others. Also, they should know and the basics of business law to avoid failure relating to contract management or litigation.

Lawyers only ones who give advice to entrepreneurs once they are done and it is up to the entrepreneur to decide what is best for him and for his start-up in a strategic way.

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WHAT IS THE LISTING OF COMMERCIAL PAPER REGULATED BY RBI?

The Reserve Bank of India (RBI) regulates the issuance and trading of commercial paper (CP) in India through various guidelines and regulations. The Reserve Bank of India (RBI) is the central regulatory authority that oversees the issuance and trading of commercial paper in India. Before going into any more details let me give you a brief regarding what commercial paper is and its benefits.

Commercial paper (CP) is a type of short-term debt instrument that is issued by corporations, financial institutions, and other entities to raise funds for their short-term financing needs. It is typically issued at a discount to face value and matures within a period of 7 days to 1 year.

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Analyze the SC test to clarify the difference between a contract of service and a contract for service

A contract for service is an agreement that is between the company and third-party for availing its services. The third-party is an independent service provider and not a permanent employee of the company.

A contract of service is an agreement between the company and individual (employee) for availing his/her services. The individual represents the employee of the company. So, he is entitled to the benefits that the employees of the company are entitled to from time to time during the course of their employment. 

The content of the contract of employment will vary from industry to industry and will define the type of work to be done by the employee. In addition, it will talk about working hours, salary structure, etc.

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What is the impact of GST on fast-moving consumer goods (FMCG) companies in India?

Fast-moving consumer goods are our key sponsors in direct and indirect taxes. If we look at the contribution of GDP, FMCG is an important player. The Goods and Services Tax that has taken over most of the indirect taxes in the country will have a significant impact on the fast-moving consumer goods sector.

The Indian FMCG sector is the fourth-largest economy in the economy with a total market capitalization of more than $ 13.1 billion. Fast Moving Consumer Goods (FMCG) assets are known as integrated consumer goods. Items in this category include all consumables (excluding groceries/pulses) that people purchase on regular basis. FMCG is also one of the fastest-growing sectors in the Indian economy.

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