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Whenever you do business somewhere, each state has its own rules and laws. So, you need to obtain permission from the local authority, which is done through the labor department. This is called the Shop and Establishment Act. What is Shop and Establishment Certificate? Shop and Establishment Certificate ensures that your business operates legally while […]
Before any weighing or measuring product can be sold, used, manufactured, or imported in India, it must meet the standards set by the Legal Metrology Department. As per Section 22 of the Legal Metrology Act, 2009, every manufacturer and importer is required to obtain a Model Approval Certificate. This certificate ensures that the product complies […]
When you hear ” Authorized Dealer Certificate,” you might wonder what it truly means and why it’s important. Let’s break it down and make it easier to understand, especially if you’re considering entering the business of weights and measures. What is a Authorized Dealer Certificate? An authorized dealer certificate or license for weights and measures […]
The International Organization of Legal Metrology defines legal metrology as “the application of legal requirements to measurements and measuring instruments.” The legal metrology is a branch of metrology (i.e., science of measurement) that helps to establish standards for the control of measurements and measuring instruments. At the same time, it safeguards public safety, environment, customers, […]
The Foreign Exchange Management Act (FEMA), enacted in 1999, governs foreign exchange transactions in India. FEMA replaced the Foreign Exchange Regulation Act (FERA), aiming to facilitate external trade, payments, and the orderly development of India’s foreign exchange market. This article delves into the key aspects of FEMA, its objectives, regulations, penalties, and recent amendments to […]
The foreign exchange industry in India is critical for facilitating international travel, trade, and education. Businesses involved in foreign exchange must operate legally under the Reserve Bank of India’s (RBI) regulations. This is where Authorized Money Changers (AMCs) play a pivotal role. They are licensed entities that ensure compliance with the Foreign Exchange Management Act […]
The Agricultural and Processed Food Products Export Development Authority (APEDA) is a prominent government agency in India, established to promote the export of agricultural and processed food products. Registration with APEDA is essential for exporters seeking to enter or expand in global markets. This article dives deep into the meaning of APEDA registration, its importance, […]
SEBI RIA full form is SEBI Registered Investment Advisor. It refers to an individual or entity registered with and authorized by Securities and Exchange Board of India to provide fee-based investment advice to clients. SEBI RIAs play an indispensable role in the Indian financial ecosystem. They help investors in making informed decisions regarding investments and […]
Are you looking to enter into the manufacturing of digital weighing machines? If yes, you need to keep in mind that you need to apply for a license for weights and measures to start this operation. Since this equipment is related to commercial usage as people buy things given their weight and pay the seller […]
The world of business and commerce is quite intriguing and there are lots of terms prevalent in the domain that are hard to decode by a layman. One such term is ‘enterprise’, which is widely used at various levels in the mention and functioning of a business. Whether you are already running a business or […]