Category: Articles

Imagine your business has just shipped a valuable consignment across the Atlantic. During the middle of the journey, a sudden storm hits, threatening to sink your months of hard work and investment. In the unpredictable world of global trade, timely delivery isn’t just important- it’s everything. But between fierce weather, unexpected accidents, and potential theft,… Continue reading Why Every Small Business Needs Marine Cargo Insurance?

In the realm of corporate governance, the process of winding up companies has undergone significant changes over the years. Initially, the Companies Act of 1956 and, subsequently, the Companies Act of 2013 provided the framework for winding up companies. These legislative measures outlined the procedures for dissolving a company and settling its debts, but they… Continue reading Corporate Insolvency Resolution Process

A company can be defined as a legal entity established by a person or group of people to conduct various business activities. As per Statista reports, the South Asian country of India accounted for over 1.66 million registered companies. The company concept is crucial in providing a solid structure to businesses, conducting their operations, and ensuring… Continue reading Types of Companies in India

In India, the government collects revenue in two main categories: “Tax Revenue” and “Non-Tax Revenue.” Tax revenue is a major income source for the government, and it is generated from taxes paid by individuals and businesses. The amount collected can fluctuate based on customer spending, employment rates, and other economic conditions.  On the other hand,… Continue reading What is Non-Tax Revenue?

No matter what kind of business you’re in, every business gets an 11-digit number called the Taxpayer Identification Number (TIN). Just like the general public has a PAN (Permanent Account Number) for tax purposes, businesses have a TIN to track their transactions.  Businesses registered under VAT for trading goods and services need this number. The… Continue reading What is Taxpayer Identification Number?

NITI Aayog, which stands for National Institution for Transforming India, was indeed created by the Indian government as a replacement for the Planning Commission. Established in 1950, the Planning Commission played a crucial role in India’s economic planning and development for several decades.  The formation of NITI Aayog aimed to bring fresh ideas and a… Continue reading NITI Aayog

The government of India launched a program called ESI (Employee State Insurance) or ESIS (Employee State Insurance Scheme), which is managed by an organisation called ESIC. ESIC (Employees’ State Insurance Corporation) is a separate group that operates under the Ministry of Labour and Employment, part of the Government of India. The Employees’ State Insurance Scheme… Continue reading ESIS Claim Process

When new technology becomes common in industries, there’s a higher chance of cyberattacks. For example, when everyone started working from home because of the lockdown, it created new security challenges, leading to an increase in cyberattacks. These kinds of attacks can happen anytime, so businesses need to have cybercrime insurance. But just having cyber insurance… Continue reading Cybercrime Insurance Claim Process

In India, workers and employees often face unexpected money problems. Sometimes, they cannot work because they get sick or hurt out of the blue. At other times, their job might suddenly end, leaving them with no money. It’s tough when these things happen without warnings.  To tackle this issue, the government of India launched the Employees’… Continue reading ESIS Registration Online

In today’s digitally-driven world, cyber threats have become a significant concern for businesses, governments, and individuals alike. Cyber attacks can lead to severe financial losses, reputational damage, and operational disruptions. As the frequency and sophistication of these attacks increase, the need for robust cybersecurity measures has become paramount. One such measure that is gaining traction… Continue reading The Role of Cyber Insurance in Mitigating Cyber Attacks