MSME Registration MSME Registration Micro Small Medium Enterprises UdyogAadhaar or MSME registration is a certificate provided to micro, small, medium-sized businesses in India under the Micro, Small and Medium Enterprise Development Act, 2006 (MSMED). UdyogAadhaar used to be referred to as MSME registration earlier. Now, the process for obtaining MSME registration has been merged with…
ESI Registration ESI Registration Employee’s State Insurance(ESI) Employee’s State Insurance(ESI) is a self-financing social security and health insurance scheme for Indian workers. For all employees earning INR 21000 or less per month as wages, the employer contributes 4.75 percentage and employee contributes 1.75 percentage, total share 6.5 percentage. This fund is managed by the ESI…
PF Registration PF Registration What is PF Registration The question of providing for the future of industrial workers after their retirement or for their dependents, in the event of their premature death engaged the attention of the Central Government for a long time. In the Indian Labour Conference held in 1948 it was generally agreed…
Letter of Undertaking Letter of Undertaking What is Letter of undertaking (LUT) Letter of Undertaking or LUT is an undertaking filed by an exporter of goods or service which permits him to export goods or services without payment of IGST subject to the condition that he will complete the process of export of goods or…
Import Export Code Modification Import Export Code Modification What Is an IEC Modification? Any alterations or additions to the specifics of a corporate entity’s individual Import Export Code are referred to as IEC modifications. After submitting an application for IEC change, every export merchant who wants to modify his Import Export Code Certificate must do…
Import Export Code Import Export Code What Is IEC? The Importer-Exporter-Code (IEC) is an important trade identification number that is mandatory for exports or imports. Nobody is allowed to import or export, except under an IEC number assigned by the DGFT. In the case of the import or export of services or technologies, the IEC…