Category: Business

Classification of goods needs to be done correctly. This is especially important in case of global trade. The right classification can make managing taxation, customs procedures and trade reporting much easier when businesses buy and sell goods across national borders.  This is where the Harmonized System of Nomenclature (HSN) code comes in handy. HSN codes […]

There can be many reasons why you may feel the need to check the status and other details of a company. Maybe you are thinking of joining the company, investing in it or doing business with it. But before you go ahead, it is better to check whether the company’s status is active and get […]

If you are an FMCG distributor dealing in products like soaps, snacks, beverages or daily essentials, understanding Distributor ROI is very important. In the FMCG business, margins are generally low. However, investments in stock and retailer credit tend to be on the higher side. That is why calculating ROI is essential. It helps you understand […]

In India, the partnership firm is one of the most common business structures. To form a partnership, two or more individuals come together to establish a business and divide the profits among themselves in an agreed ratio. The business of partnership can be related to any relevant trade, occupation or profession. All the partnership firms […]

There is no doubt that running a business comes with neverending responsibilities. From arranging financial capital to start operations to obtaining the necessary approvals from relevant authorities, everything requires careful planning as well as execution to avoid giving rise to complications later on. Among these essential requirements, one that business owners shouldn’t ever overlook is […]

FOSCOS full form is Food Safety Compliance System. It is a portal of Food Safety and Standards Authority of India (FSSAI). If you want to obtain FSSAI registration/license or check details of such registration/license, you must do so through this portal. In this blog post, we shall discuss the FOSCOS portal in a detailed manner.  […]

India is the largest consumer of ghee in the world and also the world’s largest ghee producer. Ghee is becoming increasingly common in many countries, especially where the Indian population is significant, caused by growing awareness of its health benefits and its widespread use in traditional cuisines.  A while ago, ghee even went viral globally […]

Given the steady growth of the insurance sector in India, starting an insurance broker company can be a good business opportunity. The number of insurance brokers in India is still low compared to many other businesses. So, this is a good time if you want to start an insurance broking business. Besides earning profits, an […]

India is the largest producer of pulses, accounting for nearly a quarter of the global pulse production. It is also one of the largest exporters of pulses. If you are interested in finding out how to export pulses from India, then check out this blog post! Here, we shall explain all the licenses and registrations […]

Many times, you may feel the need to verify the details of a company before entering into a business relationship, signing a contract or carrying out due diligence. For this purpose, the Ministry of Corporate Affairs provides a Master Data service that allows you to check important information about companies registered in India. It is […]