Import Export Code (IEC): DGFT Registration & Annual Update (2026) Quick Answer The Import Export Code (IEC) is a 10-digit code issued by the Directorate General of Foreign Trade (DGFT) under Section 7 of the Foreign Trade (Development and Regulation) Act, 1992. IEC is mandatory for every person importing or exporting goods and services from […]
Category Archives: Business Model
Business Model
Documents for Company Registration 2026: Complete Checklist (Pvt Ltd, OPC & LLP) Quick Answer To register a company in India through the MCA SPICe+ form, you need: PAN and Aadhaar of all directors/subscribers, passport-size photograph, address proof (bank statement, utility bill, or mobile bill not older than 2 months), Digital Signature Certificate (DSC) for all […]
Company Name Reservation: RUN Form, Rules & Common Rejection Reasons (2026) Quick Answer Company name reservation in India is done through the RUN (Reserve Unique Name) service on the MCA portal, or directly through Part A of the SPICe+ form. RUN allows you to propose up to 2 names in a single application. The name […]
MSME Udyam Registration: Classification, Benefits & Priority Lending (2026) Quick Answer Udyam Registration is the official MSME registration process introduced by the Ministry of MSME vide Notification S.O. 2119(E) dated 26 June 2020, replacing the erstwhile Udyog Aadhaar Memorandum (UAM). Registration is done on the Udyam Registration Portal using Aadhaar and PAN, and is completely […]
Equity Dilution & Cap Table Management: A Founder’s Guide to Protecting Ownership Quick Answer: How Does Equity Dilution Work in Indian Startups? Equity dilution occurs when a company issues new shares, reducing existing shareholders’ percentage ownership. In a typical Indian startup journey from incorporation to Series B, founders dilute from 100% to 35-50% ownership through […]
Transfer Pricing Study Report: Section 92 Compliance — Documentation, Benchmarking & Filing Guide Quick Answer: What Is a Transfer Pricing Study Report? A Transfer Pricing Study Report (TP Study) is the mandatory documentation that Indian taxpayers must maintain under Section 92D of the Income-tax Act, 1961, read with Rule 10D of the Income-tax Rules, 1962, […]
Transfer Pricing Methods in India: CUP, RPM, CPM, TNMM & PSM — Section 92C and Rule 10B Complete Guide Quick Answer: What Are the Five Transfer Pricing Methods in India? Indian transfer pricing law under Section 92C(1) of the Income-tax Act, 1961, prescribes five methods for determining the arm’s length price: (1) Comparable Uncontrolled Price […]
Advance Pricing Agreement (APA) in India: Section 92CC & 92CD — Procedure, Benefits & Compliance Quick Answer: What Is an Advance Pricing Agreement (APA)? An Advance Pricing Agreement (APA) is a binding agreement between a taxpayer and the CBDT (and, in the case of bilateral/multilateral APAs, the competent authority of the foreign jurisdiction) that determines, […]
Section 8 Company (NGO) Registration in India: Complete Guide (2026) Quick Answer A Section 8 Company is a company registered under Section 8 of the Companies Act, 2013 for promoting commerce, art, science, sports, education, research, social welfare, religion, charity, protection of environment, or any other useful object — provided it intends to apply its […]
Startup India DPIIT Recognition: Benefits, Eligibility & Filing Guide (2026) Quick Answer DPIIT recognition under the Startup India initiative is a formal recognition issued by the Department for Promotion of Industry and Internal Trade to eligible startups. It unlocks three major benefits: (1) Section 80IAC tax holiday — 100% income tax exemption for any 3 […]