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Showing posts from April, 2022

FSSAI Registration Service in India

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An FSSAI registration is required if you work in the food preparation, production, processing, distribution, or retailing industries. The Food Safety and Standards Authority of India (FSSAI) issues the registration/license, which is an organisation that supervises food enterprises under the FSSAI Act 2006's standards and regulations. Benefits of FSSAI Registration Aside from the fact that FSSAI registration is required for your food company, it also has significant advantages: ·   It builds your clients' confidence and reputation. ·   Because the FSSAI logo is well-known, it can help to build customer trust. ·   Through research that you have access to, you may design better work policies or enhance them. ·   You will be given new industry information that will assist you in improving your safety standards and achieving worldwide organisation standards. ·   Importing and exporting food goods need an FSSAI licence. ·   When selling food it...

Sexual Harassment of Women at Workplace Act Training Course in India

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The Sexual Harassment of Women at Workplace Act of 2013 prohibits sexual harassment of women in the workplace. Description The Sexual Harassment of Women at Workplace Act of 2013 (Prevention, Prohibition, and Redressal) protects women against sexual harassment at work and provides for the prevention and redressal of sexual harassment complaints, as well as matters connected with or incidental thereto.   Sexual harassment violates a woman's fundamental rights to equality under Articles 14 and 15 of the Indian Constitution, as well as her right to life and dignity under Article 21 of the Constitution, and her right to practise any profession or carry on any occupation, trade, or business, which includes a right to a safe environment free of sexual harassment . Prevention against sexual harassment and the freedom to work with integrity are universally acknowledged human rights by multilateral agreements and treaties such as the Convention on the Elimination of All Forms of D...

ESOP VALUATION KEY POINTS

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Employee ownership is based on esop valuation , which are fundamental to the process. When a corporation first considers an ESOP, its fair market esop valuation can help guide plan feasibility, structuring, and financing decisions. Once a plan is in place, yearly esop esop valuations determine how much an employee's assigned shares are worth. The underlying workings of ESOP values are frequently a source of consternation for both plan sponsors and participants. What exactly is fair market value? How does it compare to the book or strategic value of a company? Who makes the decision? The answers to these and other issues have serious financial and tax repercussions. The Main Characters The Employee Retirement Income Security Act of 1974 governs employee stock ownership schemes (ERISA). With this regulatory background in mind, it is critical to understand the parties involved in an employee stock ownership plan esop valuation. Trustee of an ESOP A trustee is the chief representative ...

What is Sexual harassment law?

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  The Sexual Harassment of Women at Workplace (Prevention, Prohibition, and Redressal) Legislation, 2013, is an Indian legislative act aimed at protecting women from sexual harassment at work. On September 3, 2012, the Lok Sabha (India's lower house of parliament) passed it. It was approved by the Rajya Sabha (India's upper house of parliament) on February 26, 2013. On April 23, 2013, the President gave his approval to the Bill. The sexual harassment law went into effect on December 9, 2013. This legislation supplanted the Supreme Court of India's Vishaka Guidelines for the Prevention of Sexual Harassment ( sexual harassment law ). According to the International Labour Organization, relatively few Indian employers were in compliance with this regulation. Despite the fact that every firm with more than ten employees is required by sexual harassment law to apply the law, most Indian employers have not done so. According to a November 2015 FICCI-EY analysis, 36% of Indian en...

How to Detect and Handle Workplace Harassment

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  Harassment in the workplace can take various forms. Here's how to recognise some of the most prevalent types of harassment, as well as what you should do if you witness it. Harassment at workplace is not simply a problem for large or small businesses. It is present in all sorts of employment in the United States. From harassment at workplace bullying to blatant discrimination, understanding workplace harassment is critical for avoiding toxic work situations in your small business. This could include organising yearly staff training classes to identify terms like racial bias and workplace harassment. Establishing a workplace harassment policies will allow you to take the corrective steps to ensure that most of your workers operate in a safe atmosphere. While verbal and psychological harassment at workplace are the most common sorts, there are also more serious forms, including as physical and sexual harassment. All forms of workplace harassment are prohibited and can jeopardise...

Who is an external member for posh?

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Every Internal Complaints Committee (ICC) should include one external member from a non-governmental group devoted to the cause of women, as well as any individual affiliated with or knowledgeable of sexual harassment concerns. In order to streamline and expedite inquiries and subsequent actions, the external member of the ICC functions as a neutral, unbiased, and expert member of the internal complaints committee. To carry out his or her tasks, the external member must be paid an adequate price and allowances. Are you eligible for “external member for posh” The participant must be from an NGO or organisation dedicated to the cause of women and have expertise dealing with sexual harassment cases. It might also be a person with a legal background who is knowledgeable about the subject. Include a member who has been convicted of an offense, has an investigation pending against him/her, has been found guilty in disciplinary procedures, or has a disciplinary process underway against him/he...

NBFC Registration Process In Simple Steps

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                              NBFC Registration Process In Simple Steps NBFC registration: How to Become an RBI-Registered NBFC Step 1: Establish a company in line with the Companies Act of 2013. Step 2: The net owned finances of a corporation must be at least Rs. 2 crores. Step 3: A corporation must have at least two directors with the same expertise as the founder. Step 4: To be eligible to register as an NBFC, you should have a high CIBIL score. Step 5: Finally, visit the RBI's official website and submit an application. Step 6: Complete and submit an application form together with any required documentation. Step 7: After submitting an application form, a CARN number will be generated. Step 8: Send a physical copy of your application to a regional branch of the RBI. Step 9: Following the evaluation and validation of an application, the fi...

Overview of NBFC Collaboration

Workers employed toward the same goal are referred to as collaborating. Despite the fact that India has over 9000 active NBFC registration, only 954 of them have book sizes of more than 40 crores. The remaining 8046+ NBFCs can only meet the INR 20 million regulatory loan book cap. NBFC Collaboration is a new enterprise term that refers to NBFC registration holders forming relationships with banks or Fintech companies in order to obtain leads and funding. Both partners may or not share profits, but both and might not be exposed to NPA risk.   Traditional large NBFCs have been experiencing liquidity challenges in 2019 as a result of stringent RBI monitoring, while mid-size and small NBFCs have been performing well and have been able to draw considerable amounts of capital.   NBFCs with ownership of at least 20% of loan books should finance the current loan book amount with the Bank or Fintech Company at the agreed-upon interest rate under NBFC Collaborations. If there ar...

Online Company Registration By MUDS

One of the most suggested ways to establish a business in India is to form a private limited company. With specific constraints on ownership, this sort of organisation provides limited responsibility for its stockholders. An LLP is run by partners who own and control the company. In the case of a private limited business, directors may be distinct from shareholders.   Your trustworthy legal counsel, MUDS, offers a low-cost Company Registration service in India. You may discover how to register your company here. We handle all legal paperwork and comply with all Ministry of Corporate Affairs requirements. Following the completion of the business registration procedure, you will be issued a Certificate of Incorporation (CoI), as well as a PAN and TAN. You may now create a current bank account and start your business by Company Registration .   Benefits of Company Registration There are several advantages to forming a corporation. A registered corporation adds legitima...