#Detailed Project Report Preparation in India

[acquisory]

IMPLEMENTATION OF NEW IFRS REVENUE RECOGNITION STANDARD

India will have a new revenue recognition standard outlining a single comprehensive model for entities to use in accounting for revenue arising from contracts with customers. This supersedes most current revenue recognition standard.

In brief, the new standard seeks to streamline, and remove inconsistencies from, revenue recognition requirements; provide a more robust framework for addressing revenue issues; make revenue recognition practices more comparable; and increase the usefulness of disclosures.

Introduction

The Government has introduced two significant game-changers to financial reporting standards in 2018 to effective communication to investors by corporates.

International Financial Reporting Standards (IFRS) accounting framework replaces extant revenue and lease standards effective financial periods commencing from January 1, 2018. Both the new standards have a significant impact on financial statements for majority of sectors. Indian companies too have to brace up for the new Indian Accounting Standards (IND-AS) on revenue that would go live shortly.

The International Accounting Standards Board (IASB), as part of a joint convergence project with its United States Counterpart, the Financial Accounting Standards Board (FASB) has re-modeled the revenue recognition guidance. The new IFRS 15 — Revenue From Contracts With Customers replaces prevailing IAS’s and related interpretations, primary of them being (1) IAS 11- Construction Contracts and (2) IAS 18 — Revenue. A new principle for revenue recognition has emerged with the emphasis on the concept of transfer of control and a detailed accounting model, it has been launched as the Five Step Revenue Recognition Model and is to be followed for every revenue contract to account for the financial statement reporting consequences.

“IFRS 15 Revenue from Contracts with Customers provides a single revenue recognition model based on the transfer of control of a good or service to a customer. The new revenue standard marks a significant change from current requirements under IFRS. It provides a more structured approach to measuring and recognizing revenue, with detailed application guidance. Therefore, adoption may be a significant undertaking for many entities. Early assessment will be key to managing a successful implementation.”

Evaluation of contracts, customer agreements, pricing models, side-arrangements, revenue and delivery models, contractual clauses, underlying economics, deliverables analysis, et al, become very critical as companies’ transition to the new revenue recognition standard.

Standard operating procedures and internal controls also need to be geared up and fine-tuned to comply with this critical financial reporting standard.

The Exposure Draft on clarifications to Ind AS 115 proposes that Ind AS 115 would be applicable for accounting periods beginning on or after 1st April, 2018. The MCA is expected to notify the standard soon.

The effect on entities will vary, and some may face significant changes in revenue recognition. Entities should now be assessing how they will be affected so they can prepare an implementation plan for the new standard.

Core Principle of Revenue Recognition Changes

The global reporting standard moves from a “transfer of risks and rewards” model to a “transfer of control” model. This model determines the timing of revenue recognition. The new timing is when there is a transfer of control of promised deliverable by the seller (reporting entity).

The core principle of the new revenue standard under both IFRS and United States Generally Accepted Accounting Principles (USGAAP) is that an entity recognized revenue to depict the transfer of promised goods and services to customers in an amount that reflects the consideration to which it expects to be entitled in exchange for such promised goods and services. Henceforth, revenue needs to be recognized upon transfer of control of promised products or services to customers in an amount that reflects the consideration that the entity expects to receive in exchange for those products or services.

Where a company enters into contracts that could include various combinations of products and services, the company needs to isolate the various revenue components, based on whether each component is generally capable of being distinct and accounted for as separate performance obligations. IFRS reporting entities need to follow a detailed 5-step model to account for revenue as follows…

Read More: https://www.acquisory.com/ArticleDetails/67/Implementation-of-new-IFRS-Revenue-Recognition-Standard

[mktspectra23]

Honda hi Honda!!

Honda has revealed its second fully electric vehicle in the global market. It is called e.Ny1 and was showcased at its European Media Event in Offenbach, Germany. The first fully-electric Honda car that is on sale in Germany is the e city car which is known for its quirky design language.  

Task at hand- You are the CMO of Honda Cars India Ltd. and you have to launch the same car in the Indian segments with various marketing strategies and prepare the phase wise marketing plan and also choose the ambassador you’ll choose for the campaign of honda in the above ad.

Deliverables- 

Detailed report on the different marketing strategies catering to the target audience (include the brand ambassador )

Marketing campaign

Phase Wise implementation plan

Project’s budget sheet for the marketing expenses

PPT including STP, SWOT, PESTLE analysis and Product Life Cycle

Deadline:- 11:00 PM ( 17th October)

[sudheervanguri]

Cliantha Research Hiring for Business Development & Medical Writer Roles | Join Us in Ahmedabad Cliantha Research, a leading global provider of clinical research services, is looking for passionate professionals to join our team at our Ahmedabad location. We offer exciting opportunities in Business Development and Medical Writing for individuals eager to make a meaningful impact in healthcare research. Job Openings Overview Company: Cliantha Research Location: Ahmedabad, India Available Positions: Business Development, Medical Writer Experience Required: 1 to 10 years (depending on the role) Qualification: B Pharmacy, M Pharmacy, Pharm D, MBA (Marketing), MSc Global Presence: USA, Canada, India 1. Business Development Executive/Manager Location: Ahmedabad Qualification: B Pharmacy, M Pharmacy, Pharm D, MSc, or MBA (Marketing) Experience: 5 to 10 years in business development within the pharmaceutical or clinical research sectors Key Responsibilities: Identify and develop new business opportunities in the clinical research industry Build and maintain strong client relationships Coordinate with cross-functional teams to ensure client satisfaction and project delivery Prepare and deliver presentations and proposals to potential clients Negotiate and close deals to meet sales targets Skills Required: In-depth knowledge of the clinical research industry and regulatory landscape Excellent communication and negotiation skills Proven ability to manage multiple clients and projects simultaneously Proactive, independent work style Strong problem-solving and analytical skills [caption id="attachment_102600" align="aligncenter" width="930"] Cliantha Research Hiring for Business Development & Medical Writer Roles[/caption] 2. Medical Writer Location: Ahmedabad Qualification: B Pharmacy, M Pharmacy, or Pharm D Experience: 1 to 4 years in medical writing or related fields Key Responsibilities: Write clinical study protocols, informed consent forms, study reports, and regulatory submission documents Collaborate with clinical teams and subject matter experts to ensure accurate and clear documentation Ensure compliance with regulatory and ethical guidelines Stay updated with current medical research and industry standards Skills Required: Excellent written and verbal communication skills Strong understanding of medical terminology, clinical research processes, and regulatory requirements Attention to detail and ability to meet deadlines Familiarity with ICH and GCP regulatory standards is a plus Ability to simplify complex scientific data for diverse audiences How to Apply: Email Your Resume To: vdesai@cliantha.com mjunnarkar@cliantha.com

[nmimscustomizedassignments]

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Dr. Aravind Banakar has established himself as a pillar of support for students at NMIMS, guiding them through the intricate pathways of academic excellence. His journey in academic support spans over 24 years, during which he has continuously adapted to the evolving educational landscape to provide students with the tools they need to succeed. Dr. Banakar's primary focus is on offering customized assignment support that meets the unique needs of each student.

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Dr. Banakar's dedication to excellence is evident in the high standards he sets for himself and his students. His assignments are meticulously structured, with clear arguments, well-supported evidence, and coherent conclusions. This attention to detail not only helps students score better but also teaches them the importance of clarity and precision in academic writing. Over the years, Dr. Banakar's support has helped countless NMIMS students achieve their academic goals and prepare for successful careers.

Dr. Aravind Banakar's extensive experience and unwavering dedication to providing customized, plagiarism-free assignments have made him a vital resource for NMIMS students pursuing MBA, BBA, B.Com, and EMBA degrees. His commitment to academic integrity and student success sets a benchmark in academic writing. As he continues to inspire and empower students, Dr. Banakar remains a beacon of excellence in the ever-evolving landscape of higher education.

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[nmimsmbasolvedassignments-7]

How do I find customized NMIMS BBA 1st Sem Financial Accounting Solved Assignment

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Dr. Aravind Banakar: A Beacon of Academic Excellence for NMIMS Students

Dr. Aravind Banakar has established himself as a pillar of support for students at NMIMS, guiding them through the intricate pathways of academic excellence. His journey in academic support spans over 24 years, during which he has continuously adapted to the evolving educational landscape to provide students with the tools they need to succeed. Dr. Banakar's primary focus is on offering customized assignment support that meets the unique needs of each student.

His approach begins with a thorough understanding of the student's requirements and the specific guidelines of the NMIMS curriculum. By taking the time to understand the nuances of each assignment, Dr. Banakar ensures that his assistance is not just generic but tailored to meet the precise demands of the course. This level of customization helps students develop a deeper understanding of the subject matter as the assignments reflect their personal academic goals and strengths.

Dr. Banakar's unwavering commitment to academic integrity is a cornerstone of his support system. In an era where originality is paramount, Dr. Banakar uses advanced plagiarism detection tools and his extensive experience to ensure that every piece of work is free from any form of plagiarism. This not only protects students from academic penalties but also instills a culture of honesty and ethical behavior in their academic pursuits.

Dr. Banakar's dedication to excellence is evident in the high standards he sets for himself and his students. His assignments are meticulously structured, with clear arguments, well-supported evidence, and coherent conclusions. This attention to detail not only helps students score better but also teaches them the importance of clarity and precision in academic writing. Over the years, Dr. Banakar's support has helped countless NMIMS students achieve their academic goals and prepare for successful careers.

Dr. Aravind Banakar's extensive experience and unwavering dedication to providing customized, plagiarism-free assignments have made him a vital resource for NMIMS students pursuing MBA, BBA, B.Com, and EMBA degrees. His commitment to academic integrity and student success sets a benchmark in academic writing. As he continues to inspire and empower students, Dr. Banakar remains a beacon of excellence in the ever-evolving landscape of higher education.

We are number 1, NMIMS Assignments Academic Writing Professionals.

We are the most reputable and reliable NMIMS Assignments provider in India

We Provide 100 % Customized, 100 % Unique, and 100 % Plagiarism-free Assignments. Also, we are specialists in Project Reports.

We offer both General and Customized projects. Please be sure to hurry for quality assignments.

With a history spanning over 24 years, we have provided unparalleled academic writing support to students, scholars, and researchers worldwide.

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Dr. Aravindkumar Banakar aravind.banakar@gmail.com +91 9901366442 +91 9902787224 https://mbacasestudyanswers.com

[prajwal-agale001]

Slide Stainers Market Trends and Forecast: Key Drivers and Challenges to 2030

According to the latest publication from Meticulous Research®, the global slide stainers market is on a growth trajectory, with projections estimating it will reach $5.53 billion by 2030, achieving a Compound Annual Growth Rate (CAGR) of 7.9% during the forecast period. This growth is largely fueled by the increasing geriatric population, the rising burden of chronic diseases, and advancements in slide staining technology. Additional drivers include the rising demand for personalized treatments, escalating healthcare expenditures, and a surge in automation within diagnostics and clinical research.

Emerging economies and the growing need for automated slide staining and diagnostic systems are poised to present significant growth opportunities. However, the high cost of slide stainer systems and concerns regarding automation and the shortage of skilled professionals are potential constraints on market expansion.

Download Sample Report Here @ https://www.meticulousresearch.com/download-sample-report/cp_id=5643

Key Players:

Prominent players in the slide stainers market include Thermo Fisher Scientific (U.S.), F. Hoffmann-La Roche AG (Switzerland), Danaher Corporation (U.S.), Merck KGaA (Germany), Agilent Technologies, Inc. (U.S.), Becton, Dickinson and Company (U.S.), Abcam plc. (U.K.), Siemens Healthineers (Germany), General Data Company, Inc. (U.S.), Biocare Medical, LLC. (U.S.), BioGenex (U.S.), PHC Holdings Corporation (Japan), and Hardy Diagnostics (U.S.).

Market Segmentation and Insights:

The slide stainers market is segmented by product type, technique, application, end user, and geography.

Product Type: The market is divided into reagents and kits, equipment, and accessories and consumables. In 2024, the reagents and kits segment is expected to hold the largest market share, driven by the growing clinical research and development activities and increased adoption of laboratory automation solutions. This segment includes various reagents for tissue fixation, processing, and staining.

Technique: The market is segmented into Hematoxylin and Eosin (H&E), in-situ hybridization (ISH), immunohistochemistry (IHC), hematology, cytology, and microbiology. The H&E staining technique is anticipated to dominate due to its widespread use in examining tissue and cellular structures, crucial for diagnosing cancer, infectious diseases, and chronic conditions. Its broad application and benefits, such as detailed identification of tissue features, contribute to its significant market share.

End User: The market is segmented into hospitals and diagnostic centers, pharmaceutical and biotechnology companies, academic and research institutes, and contract research organizations (CROs). Hospitals and diagnostic centers are projected to account for the largest share in 2024. Automated slide stainers are increasingly utilized in these settings for their efficiency in preparing slides for microscopic examination, driven by rising patient volumes and the demand for automation.

Geography: The market analysis covers North America (U.S. and Canada), Europe (Germany, France, U.K., Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, and Rest of Asia-Pacific), Latin America, and the Middle East & Africa. North America is expected to lead the market, with the U.S. being the largest market shareholder due to its advanced healthcare infrastructure and the presence of major market players. Europe and Asia-Pacific are also significant contributors to market growth.

Future Outlook:

The slide stainers market is poised for substantial growth, driven by technological innovations and increasing healthcare demands. While challenges such as high costs and automation concerns remain, the market is expected to benefit from the rising adoption of automated systems and ongoing advancements in staining technologies.

Read Full Report:- https://www.meticulousresearch.com/product/slide-stainers-market-5643?utm_source=article&utm_medium=social&utm_campaign=product&utm_content=10-09-2024

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[loanadvisorindia]

Facing High Interest Rates? How to Negotiate Better Terms on MSME Loans

Securing a business loan can be a significant step toward growing your business, but high interest rates can make repayment challenging. For small and medium-sized enterprises (MSMEs) in India, finding ways to negotiate better terms on MSME loans is crucial. 

Understanding your options and knowing how to approach the negotiation process can save your business money and help you secure more favorable loan conditions.

Why Interest Rates Matter

Interest rates directly affect the cost of borrowing. Higher rates mean you’ll pay more over the life of the loan, which can strain your cash flow. For MSMEs, where every rupee counts, finding ways to reduce these rates is essential. 

Whether you’re applying for an MSME business loan or a secured business loan, negotiating better terms can significantly impact your business's financial health.

Tips for Negotiating Lower Interest Rates

1. Build a Strong Credit Profile

A strong credit history is one of the most effective tools in securing lower interest rates. Lenders are more likely to offer favorable terms if they see that you’ve consistently repaid previous loans on time. Before applying for an MSME business loan, ensure your credit score is as high as possible. Pay off existing debts, avoid late payments, and correct any errors on your credit report.

2. Choose a Secured Business Loan

A secured business loan, where you offer collateral, often comes with lower interest rates compared to unsecured loans. Collateral reduces the lender’s risk, making them more willing to offer you better terms. Consider using business assets like property, machinery, or inventory as collateral to secure the loan.

3. Compare Offers from Multiple Lenders

Don’t settle for the first offer you receive. Shop around and compare loan offers from different banks and financial institutions. This not only gives you an idea of what’s available in the market but also provides leverage when negotiating with your preferred lender. You can use a competing offer to persuade your lender to match or beat the rate.

4. Negotiate the Loan Tenure

The length of your loan can influence the interest rate. Generally, shorter loan terms come with lower interest rates. If your business can afford higher monthly payments, opting for a shorter loan tenure can save you money in the long run. Discuss this option with your lender to see if it’s feasible for your situation.

5. Highlight Your Business’s Strengths

When negotiating, don’t be shy about showcasing your business’s strengths. Provide evidence of steady cash flow, a solid customer base, and a strong business plan. Lenders are more likely to offer better terms if they believe in the long-term success of your business. Be prepared to present detailed financial statements, projected revenue, and any other documentation that supports your case.

6. Leverage Existing Relationships

If you’ve worked with a lender before, use that relationship to your advantage. Long-term clients who have a history of making timely payments are in a better position to negotiate. If you’ve successfully repaid previous loans, remind your lender of your track record. They may be more willing to offer lower rates to maintain your business.

7. Consider Refinancing

If you’re currently paying high interest rates on an MSME business loan, refinancing might be an option. Refinancing involves taking out a new loan to pay off the existing one, ideally at a lower interest rate. This can be a good strategy if market rates have dropped or if your business’s financial situation has improved since you first took out the loan.

Conclusion

Negotiating better terms on your MSME business loan can make a significant difference in your business’s financial health. By building a strong credit profile, considering a secured business loan, comparing offers, and leveraging your business’s strengths, you can secure lower interest rates and more favorable loan terms. 

Remember, preparation is key—understand your options and approach the negotiation process with confidence to achieve the best possible outcome for your business.

[sagarargroup]

Your Guide to MD/MS in Madhya Pradesh: Everything You Need to Know

If you're considering pursuing a postgraduate medical degree, MD/MS in Madhya Pradesh is a fantastic choice. The state is home to some of the best medical colleges in India, offering quality education, advanced facilities, and experienced faculty. This guide will help you understand why MD/MS in Madhya Pradesh should be on your list, how to apply, and what to expect during your academic journey.

Why Choose MD/MS in Madhya Pradesh?

Madhya Pradesh is known for its excellent educational institutions, particularly in the field of medicine. When you choose MD/MS in Madhya Pradesh, you’re opting for:

Reputable Colleges: The state boasts some of the top medical colleges in the country, such as Gandhi Medical College, Netaji Subhash Chandra Bose Medical College, and Shyam Shah Medical College. These institutions are known for their rigorous academic programs and cutting-edge research.

Affordable Education: Compared to other states, the cost of education in Madhya Pradesh is more affordable, without compromising the quality of education. This makes MD/MS in Madhya Pradesh an attractive option for students who want quality education at a reasonable cost.

Excellent Infrastructure: The medical colleges in Madhya Pradesh are equipped with modern laboratories, libraries, and hospitals where students can gain hands-on experience. The state’s emphasis on practical learning ensures that students are well-prepared for their future careers.

Experienced Faculty: The teaching staff in Madhya Pradesh’s medical colleges are highly qualified and bring a wealth of experience. Their guidance helps students excel in their studies and prepares them for the challenges of the medical profession.

How to Apply for MD/MS in Madhya Pradesh

The application process for MD/MS in Madhya Pradesh typically follows the National Eligibility cum Entrance Test for Postgraduate (NEET-PG) guidelines. Here’s a step-by-step overview:

NEET-PG Exam: The first step is to clear the NEET-PG exam, which is the national-level entrance exam for postgraduate medical courses. Scoring well in this exam is crucial as it determines your eligibility and ranking.

Registration: After clearing NEET-PG, you need to register for the state counseling process. For MD/MS in Madhya Pradesh, this is done through the Directorate of Medical Education, Madhya Pradesh. Make sure to provide all the required documents and details accurately.

Choice Filling and Locking: Once registered, you’ll need to choose your preferred colleges and courses. Be sure to research each option thoroughly to make an informed decision. After filling in your choices, you’ll lock them in to finalize your preferences.

Seat Allotment: Based on your NEET-PG score and the choices you’ve filled in, seats will be allotted in various colleges across Madhya Pradesh. If you’re allotted a seat, you’ll need to report to the college for further admission processes.

Document Verification and Admission: Finally, you’ll undergo document verification at the allotted college. Once your documents are verified, you can complete the admission process and start your journey in MD/MS in Madhya Pradesh.

What to Expect During Your MD/MS in Madhya Pradesh Journey

Pursuing MD/MS in Madhya Pradesh is a rigorous yet rewarding experience. Here’s what you can expect:

Intense Academic Curriculum: The curriculum for MD/MS in Madhya Pradesh is designed to provide in-depth knowledge and hands-on experience. You’ll spend a significant amount of time in classrooms, laboratories, and hospitals, gaining practical skills and theoretical knowledge.

Research Opportunities: Madhya Pradesh’s medical colleges encourage research and innovation. As an MD/MS student, you’ll have opportunities to participate in research projects, which can enhance your learning experience and contribute to your professional growth.

Clinical Training: A significant part of your MD/MS in Madhya Pradesh will involve clinical training. You’ll work closely with patients, under the supervision of experienced doctors, to apply your knowledge in real-world situations. This training is crucial for developing your skills as a medical professional.

Networking and Career Opportunities: Studying in Madhya Pradesh gives you the chance to network with peers, faculty, and professionals in the medical field. This can open doors to various career opportunities, whether you choose to work in a hospital, clinic, or academic setting.

Conclusion

Choosing to pursue MD/MS in Madhya Pradesh is a decision that can set the foundation for a successful medical career. With top-notch education, practical training, and a supportive learning environment, Madhya Pradesh offers everything you need to excel in your postgraduate studies. So, if you’re ready to take the next step in your medical education, MD/MS in Madhya Pradesh could be the perfect choice for you.

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Best Financial Consultant in India

Introduction

In the ever-evolving landscape of business and finance, navigating the complexities of compliance, taxation, and strategic financial management can be daunting. At Cretum Advisory, we offer a comprehensive suite of services designed to empower businesses with the financial clarity and guidance they need to thrive. From GST management to bespoke CFO services, our team of experts is dedicated to simplifying your financial journey and enabling sustainable growth. Here’s a closer look at our key offerings.Best finance consultant

Our Services

At Cretum Advisory, we pride ourselves on being a one-stop solution for all your financial consulting needs. Our services are meticulously designed to cater to businesses of all sizes, ensuring compliance, strategic growth, and financial efficiency. Below, we explore the core services we offer and how they can benefit your business.

GST Services

Navigating the Goods and Services Tax (GST) regime can be complex and time-consuming. Our GST services are aimed at simplifying this process, ensuring that your business remains compliant and efficient in its GST dealings.

GST Registration

Getting started with GST can be a daunting task for any business. We assist in the entire registration process, ensuring that your business is registered correctly and promptly. Our team handles all the necessary documentation and liaises with the authorities, allowing you to focus on your core business activities.

GST Filing & Compliance

GST compliance is not just about filing returns on time; it’s about accuracy and maintaining records that stand up to scrutiny. We offer comprehensive GST filing services, managing monthly, quarterly, and annual returns. Our proactive approach ensures that errors are minimized and compliance is maintained, saving you from potential penalties and interest.

GST Advisory

Beyond compliance, we provide strategic GST advisory services that help you optimize your tax position. Whether it’s dealing with input tax credits, reverse charge mechanisms, or navigating GST on international transactions, our experts offer insights that can enhance your tax efficiency and cash flow management.

Startup Services

Starting a business is an exciting journey, but it also comes with its challenges. Our startup services are designed to support entrepreneurs from ideation through to establishment, ensuring that your business gets off to a solid start.

Business Formation

Choosing the right business structure is crucial for the future success of your startup. Whether it’s a sole proprietorship, partnership, LLP, or a private limited company, we guide you through the pros and cons of each structure, handling all the paperwork to get your business officially registered.

Financial Planning for Startups

Financial planning is often the cornerstone of a successful startup. We assist in crafting detailed business plans, financial projections, and cash flow analyses that are not only essential for guiding your business but are also critical when seeking funding from investors.

Compliance and Legal Support

Startups must navigate a maze of legal and regulatory requirements. From drafting shareholder agreements to ensuring compliance with industry regulations, our legal experts provide the necessary support to keep your business on the right side of the law.

Accounting Services

Accurate accounting is the backbone of any successful business. Our accounting services go beyond simple bookkeeping; we provide insightful financial reports that help you make informed decisions.

Bookkeeping

We offer end-to-end bookkeeping services that ensure your financial records are always accurate and up-to-date. By managing your day-to-day transactions, we take the burden off your shoulders, allowing you to concentrate on growing your business.

Financial Statements Preparation

Our team prepares detailed financial statements, including income statements, balance sheets, and cash flow statements, giving you a clear picture of your company’s financial health. These statements are crucial for internal analysis, reporting to stakeholders, and meeting compliance requirements.

Budgeting and Forecasting

Effective budgeting and forecasting are essential for steering your business towards success. We work closely with you to develop realistic budgets and forecasts that reflect your business goals and market conditions, helping you allocate resources more effectively and anticipate future financial needs.

Income Tax Services

Managing income tax obligations can be challenging, especially when navigating the complexities of changing tax laws. Our income tax services are designed to ensure compliance while optimizing your tax liabilities.

Tax Planning

Strategic tax planning is essential for minimizing your tax burden. We analyze your financial situation and provide tailored tax planning strategies that align with your business goals, ensuring you take advantage of all available deductions, credits, and incentives.

Tax Filing

Timely and accurate tax filing is critical to avoid penalties and interest. Our experts manage the entire tax filing process, from preparing returns to submitting them on time, ensuring that all necessary documentation is in place.

Tax Advisory and Dispute Resolution

In the event of a tax dispute, you need a team that can effectively represent your interests. We offer tax advisory and dispute resolution services, providing expert guidance and representation in dealings with tax authorities, whether it’s responding to notices or appealing against assessments.

CFO Services

For businesses looking to scale, having access to CFO-level expertise can be a game-changer. Our CFO services provide strategic financial oversight, enabling you to make informed decisions that drive growth.

Strategic Financial Management

Strategic financial management is about more than just managing numbers; it’s about driving your business forward. We assist in capital allocation, performance tracking, and financial strategy development, helping you align your financial goals with your broader business objectives.

Financial Risk Management

Identifying and mitigating financial risks is crucial for sustaining business growth. Our experts work with you to develop robust risk management strategies, addressing everything from credit risk to market volatility, ensuring that your business remains resilient in the face of uncertainty.

Conclusion

At Cretum Advisory, our commitment is to deliver personalized, expert financial services that support your business at every stage of its journey. Whether you’re a startup looking to establish a strong foundation, an established business seeking to streamline your financial processes, or a company aiming for strategic growth, we have the expertise and solutions to help you succeed. Let us be your trusted partner in navigating the complexities of finance, so you can focus on what you do best — growing your business.

FAQs

Q1: What is the benefit of using a virtual CFO service?   A: Virtual CFO services provide you with expert financial guidance without the cost of hiring a full-time CFO, offering flexibility and strategic insights tailored to your business needs.   Q2: How can GST advisory services improve my business’s cash flow?   A: GST advisory services help optimize your input tax credits and manage GST liabilities more effectively, improving your overall cash flow management.   Q3: Why is financial planning important for startups?   A: Financial planning helps startups allocate resources wisely, set realistic goals, and secure funding, providing a roadmap for growth and sustainability.   Q4: What are the key advantages of outsourcing accounting services?   A: Outsourcing accounting services ensures accurate and timely financial records, reduces overhead costs, and allows you to focus on core business activities.   Q5: How does tax planning help reduce my business’s tax burden?   A: Tax planning identifies opportunities to minimize tax liabilities through deductions, credits, and strategic financial decisions, aligning your tax strategy with your business goals.

[chaitanya]

How to Get Subsidies with Udyam Registration

Do you know that our Indian economy is nothing without the support of MSMEs? Fortunately, the Government of India too recognized their value and implemented a range of schemes for their growth.

However, Udyam Registration is one of the key initiatives that was successful in formalising the existence of MSMEs. So, we are here to aid you in getting subsidies from Udyam registration.

Eligibility Criteria for Udyam Registration

You can enjoy subsidies with Udyam Registration, but make sure you're eligible for it. Go and check whether your business falls under MSME as per the criteria mentioned below:

Micro Enterprise: As a microenterprise, your investment should be up to ₹1 crore and turnover more than ₹5 crores.

Small Enterprise: As a small enterprise, your investment should be up to ₹10 crores and turnover more than ₹50 crores.

Medium Enterprise: As a medium enterprise, your investment should be up to ₹50 crores and turnover more than ₹250 crores.

Steps to Obtain Udyam Registration

Are you done with the eligibility criteria? If yes, then it's time to get registered for your business under Udyam. We've mentioned steps to aid in registering:

Step 1: Visit the Udyam Registration Portal

To begin with your registration process, there is a need to look for the official registration portal of Udyam.

Step 2: Enter Your Aadhaar Number

For HUF and partnership firms, the Aadhaar number of the managing partner is required. When it comes to a proprietorship firm, the proprietor's Aadhaar number is a must-have. Lastly, the Aadhaar number of the authorised signatory is needed in the case of a company or LLP.

Step 3: Verify Aadhaar with OTP

Whatever registered mobile number is linked with your Aadhaar card will receive an OTP. You've got to enter the OTP for your Aadhaar details verification.

Step 4: Fill in Business Details

Now, provide your information related to business, like type of organisation, name of the enterprise, bank account details, PAN number, and address.

Step 5: Classify Your Enterprise

It's time to classify your enterprise as a medium, small, or micro enterprise. For this, you can take the help of the above-mentioned eligibility criteria.

Step 6: Submit the application

After filling in the required details, you can submit your application. With successful submission, you will have an e-certificate and URN.

How to Get Subsidies with Udyam Registration?

When you obtain your Udyam Registration, you can start your journey to explore various government provided subsidies and schemes. Here are some of the key subsidies available to registered MSMEs:

1) Market Development Assistance (MDA) Scheme

The MDA Scheme comes with financial assistance for MSMEs to let them participate in international and domestic trade fairs, buyer-seller meets, and exhibitions. It can aid your business to market the services and products; as a result, there will be a boost in your market reach.

How to Apply:

Firstly, register for any trade fair or exhibition you want to participate in.

Now, you've got to submit your relevant documents, such as the Udyam registration certificate and application form, to the respective authority who is organising the event.

After the event, you can avail reimbursement by submitting a claim form along with your proof of participation.

2) Prime Minister Employment Generation Programme (PMEGP)

PMEGP is more like a credit-linked subsidy scheme that focuses on generating self-employment opportunities. It can be possible with microenterprise establishment in urban and rural areas. As per your category and location, you'll get a subsidy of 15% to 35% of the project cost.

How to Apply:

Make sure to prepare a detailed project report for the business idea.

You can apply online with the aid of the official PMEGP portal or approach the District Industries Centres (DICs), Khadi and Village Industries Commission (KVIC), or banks.

Now, submit your necessary documents, like the project report and Udyam registration certificate.

Once you get approval, you're all set for your enterprise and the operations.

You can avail of subsidy, but you've got to submit a claim form along with your expenses proof.

3) Credit Linked Capital Subsidy Scheme (CLCSS)

The chief aim of CLCSS is to facilitate technology upgrade in MSMEs. It can be done with a subsidy of up to 15% on the investment made in machinery and plants. Such a subsidy is accessible to industries engaged in services and manufacturing sectors.

How to Apply:

At first, you've got to look for the machinery or equipment that is needed to get upgraded.

However, you can approach the nodal agencies or banks that should be authorized for implementing the CLCSS.

Submit all your necessary documents, such as quotations for the machinery, bank details, project report, and Udyam Registration Certificate.

4) Technology and Quality Upgradation

Support to MSMEsYou can expect financial support from this scheme to adopt energy-efficient technologies. Also, you can obtain product quality certifications like HACCP, BIS, and ISO. Generally, it covers a part of the expenses incurred to implement such improvements.

How to Apply:

There is a need to identify the technology or quality certification that are needed for your business.

As a next step, approach the designated consultants or agencies for the implementation.

You've got to submit your cost estimates, project proposal, and Udyam registration certificate to the respective authority.

Just after the implementation, you've got relevant documents like proof of expenses for claiming the subsidy.

Conclusion

It can be concluded that Udyam Registration is one of the powerful tools to access a range of subsidies and benefits. As an MSME, your top priority should be leveraging such subsidies and taking your enterprise to new heights.

[sudheervanguri]

Sun Pharma Walk-in Drive for R&D - Analytical Development | 22nd September 2024 Sun Pharmaceutical Industries Ltd. (Sun Pharma), one of the world’s largest specialty generic pharmaceutical companies, is conducting a walk-in drive for R&D - Analytical Development roles. If you have an M.Pharm or MSc degree with 2-5 years of experience in Analytical Method Development, this is a fantastic opportunity to join a global leader in pharmaceuticals. The walk-in drive will take place on 22nd September 2024 at Sun Pharma's R&D Center in Vadodara, Gujarat. Open Positions: Designation: R&D - Analytical Development Qualification: M Pharmacy / MSc Experience: 2-5 Years in relevant R&D roles Location: R&D Center, Vadodara, Gujarat Key Responsibilities: Conduct routine analysis and Analytical Method Development for pharmaceutical products, including Orals, Injectables, Peptides, and APIs (Active Pharmaceutical Ingredients). Perform Analytical Method Validation, Method Verification, and Method Transfer while preparing detailed protocols and reports. Operate various analytical instruments such as HPLC, GC, Ion Chromatography, UV, Dissolution, and Particle Size Analyzers. Ensure compliance with global regulatory guidelines and maintain high-quality standards in all projects. [caption id="attachment_56281" align="aligncenter" width="930"] Sun Pharma Walk-in Drive for R&D - Analytical Development | Join Us in Vadodara[/caption] Walk-in Interview Details: Date: 22nd September 2024 (Sunday) Time: 10:00 AM to 03:00 PM Venue: Sun Pharmaceutical Industries Ltd. (R&D Center), Sun Pharma Road, Tandalja, Vadodara - 390012, Gujarat, India Required Documents: Candidates attending the walk-in interview should bring the following: Updated Resume PAN Card Aadhar Card Educational Certificates Passport Size Photographs

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His approach begins with a thorough understanding of the student's requirements and the specific guidelines of the NMIMS curriculum. By taking the time to understand the nuances of each assignment, Dr. Banakar ensures that his assistance is not just generic but tailored to meet the precise demands of the course. This level of customization helps students develop a deeper understanding of the subject matter as the assignments reflect their personal academic goals and strengths.

Dr. Banakar's unwavering commitment to academic integrity is a cornerstone of his support system. In an era where originality is paramount, Dr. Banakar uses advanced plagiarism detection tools and his extensive experience to ensure that every piece of work is free from any form of plagiarism. This not only protects students from academic penalties but also instills a culture of honesty and ethical behavior in their academic pursuits.

Dr. Banakar's dedication to excellence is evident in the high standards he sets for himself and his students. His assignments are meticulously structured, with clear arguments, well-supported evidence, and coherent conclusions. This attention to detail not only helps students score better but also teaches them the importance of clarity and precision in academic writing. Over the years, Dr. Banakar's support has helped countless NMIMS students achieve their academic goals and prepare for successful careers.

Dr. Aravind Banakar's extensive experience and unwavering dedication to providing customized, plagiarism-free assignments have made him a vital resource for NMIMS students pursuing MBA, BBA, B.Com, and EMBA degrees. His commitment to academic integrity and student success sets a benchmark in academic writing. As he continues to inspire and empower students, Dr. Banakar remains a beacon of excellence in the ever-evolving landscape of higher education.

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