An accountant understands the fundamentals of accounting. The proper classification of expenses as capital in nature(eg. Fixed assets) or revenue in nature(eg. purchases) is important. Incorrect accounting can lead to financial losses. Though various accounting tools have come up over the time but the human intelligence is irreplaceable.
Considering that most start-ups do not need a full time dedicated accountant as the volume of transactions is low and at times it is not economically feasible to hire one, we have specially designed this pack to meet all your accounting needs. Get your accounts maintained by our experts and get your accounting done without having to employ a full-time accountant.
Proper maintenance of books and accounts is a prerequisite to any business entity. Further, it is mandatory for firms undergoing statutory or internal audit.
This plan is designed to address the accounting needs of businesses and professionals operating as :
Goods Traders
Professionals & Consultants
Share Market Traders
Individual Freelancers
Import Export (IE) Code India is a registration of an import and export companies with Indian Custom department that import and export commodities from India. IE Code is issued by the Directorate General of Foreign Trade (DGFT), Ministry of Commerce and Industries, Government of India. IE Code application must be made to the Directorate General of Foreign Trade along with the necessary supporting documents. Once, the application is submitted, DGFT will issue the IE Code for the entity in 15 – 20 working days or less.IE Code registration is permanent registration which is valid for a lifetime.
Tax Account Number is commonly referred as Tax Deduction Account Number or Tax Collection Account Number, or simply TAN. TAN registration leads to a generation of 10 digits alpha-numeric code that is issued by the Income Tax Department of India. As the name suggests, it is obtained by the person responsible for deduction or collection of tax at source (TDS or TCS). Businesses while deducting the salaries of employees must obtain and mention the number. Specified criteria to collect and deduct tax at source are already prescribed by the Government. Also, it is compulsory to quote TAN of the assesses in TDS/ TCS statements and challan for payment of TDS/ TCS.
FSSAI License or FSSAI Registration is mandatory before starting a food or related business. The Food Safety and Standards Authority Act issues the FSSAI license.
Food Safety and Standards Authority of India and the State Food Authorities are jointly responsible for implementing the FSSAI rules.
This Act secures the laws relating to food and establishes science-based standards for food to control food manufacturing.
FSSAI licenses are of three types FSSAI Basic License, Central FSSAI license, and State FSSAI license. With the FSSAI license, there is also an FSSAI registration needed for the petty food retailers.
Learn more about the difference between FSSAI registration and FSSAI license here. Let us take a look at the procedure for obtaining an FSSAI license in India.
FSSAI – Food Safety and Standards Authority of India is an autonomous body established under the Ministry of Health and Family Welfare, Government of India. FSSAI license is responsible for protecting and promoting public health through the regulation.
FSSAI – Food Safety and Standards Authority of India is an autonomous body established under the Ministry of Health and Family Welfare, Government of India. FSSAI license is responsible for protecting and promoting public health through the regulation.
For all food-related businesses such as manufacturing, trading, restaurants, small eateries, grocery shop, importers, exporters, home-based food businesses, dairy farms, processors, it is mandatory to get an FSSAI license or FSSAI registration before commencing with the Company. This 14-digit FSSAI license number gives information about the producer’s permit.
There are four steps, including the FSSAI license registration procedure that are following: