Business Law 

How The New Bankruptcy Code Is Reforming Indian Business

The idea of insolvency and bankruptcy code came rightfully into power in the year 2016. This law in the Indian section will ask to actually consolidate current framework by creating one single law. This law will cover both bankruptcy and insolvency right from its core. It was in the year 2015 when the law was introduced in Lok Sabha, and right from that time, it changed the way Indian business seems to be working. So, understanding bankruptcy law in india has now become the primary factor in terms of accidents…

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Best Business Community 

Important things to know about Automobile Industry

Car is something that raises the status symbol in a person’s life. If, for a common man, the 3 necessities are food, raiment & shelter, then for a rich man, those 3 necessities are a palatial house,   a substantial bank balance and a chic motorcar. Now, if you are eager to buy yourself a vehicle, the most important thing is the cost consideration. Sometimes, people go on as per their budget estimates but land up facing huge costs. Just ever thought, why does this happen? It’s just because there is…

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Steps You Should Follow When Applying for a Small Business Loan

The Micro, Small and Medium Enterprises (MSMEs) are the backbone of the Indian economy contributing around 40% of the GDP of the country in 2018. The sector is employing more than 117 million individuals currently. The introduction of various schemes from the government along with the introduction of GST has provided an ideal environment for the growth of the small scale industries. Facilitating the growth of these businesses are the favourable schemes and financing offered by both the government and NBFCs. Availing a business loan has become all the more convenient thanks…

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