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Biomatrix Healthcare Private Limited is excited to announce walk-in interviews for Quality Control positions, ranging from Officer to Senior Executive. This event will take place on August 27, 2024, in Ahmedabad, Gujarat. If you have a strong background in quality control with experience in HPLC, GC, FP, RM & PM, stability, and method validation, this is an excellent opportunity to join a leading export-oriented pharmaceutical company committed to "Supporting Life Worldwide."
About Biomatrix Healthcare
Founded in 2007, Biomatrix Healthcare is a 100% export-oriented company based in Ahmedabad, Gujarat. We specialize in the R&D and manufacturing of oral solids, liquids, and dry syrups, with a commitment to high-quality standards. Our state-of-the-art manufacturing facility is accredited by WHO-GMP and has recently completed an EU-GMP audit, adhering to ANVISA, UKMHRA, and USFDA regulations. With a strong presence in Africa and CIS regions, expanding into Europe, Latin America, and Southeast Asia, boasting over 850 product registrations and more than 400 products currently under registration.
Available Positions and Requirements
Quality Control Officer to Sr. Executive
Education: BSc, MSc, B Pharmacy, M Pharmacy
Experience: 2 to 10 years
Domain Knowledge: Proficiency in HPLC, GC, FP, RM & PM, stability testing, and method validation. Experience in OSD (Oral Solid Dosage) formulation is required.
Responsibilities:
Conduct analysis and operations using advanced analytical instruments.
Perform stability studies and method validations.
Oversee quality control processes and ensure compliance with regulatory standards.
[caption id="attachment_54724" align="aligncenter" width="930"] BioMatrix Walk-in Interview for Quality Control - Officer to Sr. Executive[/caption]
Walk-in Interview Details
Date: August 27, 2024
Time: 10:00 AM to 12:30 PM
Venue: Survey No. 624, Sarkhej-Bavla Highway, Vill Rajoda, Ahmedabad, Gujarat 382220
Documents Required:
Updated CV
Passport size photo
Last three months' salary slips
Latest academic documents
Contact Information
Phone: 63589705256357410551
Email: [email protected], [email protected]
Note: Please confirm your attendance by email to ensure participation in the interview
Understanding Professional Tax Registration: A Comprehensive Guide for Businesses
Streamlining Finances: A Guide to Professional Tax Registration Online in India
The Professional Tax Registration Procedure involves the state governments in India charging individuals who earn income or practise professions such as chartered accountants, lawyers, and doctors. Different states have varying rates and collection procedures for this service, which are imposed at the state level. Not all states enforce this tax, with Karnataka, West Bengal, Andhra Pradesh, Telangana, Maharashtra, Tamil Nadu, Gujarat, Assam, Chhattisgarh, Kerala, Meghalaya, Odisha, Tripura, Madhya Pradesh, and Sikkim being exceptions. This tax applies to entrepreneurs, working individuals, traders, and various occupations.
Professional tax is collected by specific Municipal Corporations and most Indian states, serving as a revenue source for the government. The maximum annual amount payable is INR 2,500, with predetermined slabs based on the taxpayer's income. Employers deduct this tax from employees' salaries in private companies and remit it to the Municipal Corporation. Professional tax is mandatory, and individuals are eligible for income tax deductions for this payment.
To initiate Professional Tax Registration, individuals must register their mobile number and email ID. After registration, they receive a unique username and password through secure channels like mobile and email. Through the Citizen portal, applicants create a self-assessment application and submit it for professional tax assessment.
The procedure of conversion of LLP into a Private Limited Company
1. Determine Eligibility:
- Confirm whether you meet the criteria for professional tax filing based on your income from profession, trade, or employment.
2. Gather Necessary Documents:
- Collect essential documents, including proof of income, identification, and other relevant details.
3. Online Registration:
- Initiate the professional tax filing by registering online through the designated portal.
4. Provide Personal Information:
- Enter accurate personal information, including your name, address, contact details, and PAN.
5. Employment Details:
- Furnish details regarding your profession, trade, or employment, along with relevant employment records.
6. Income Declaration:
- Declare your income earned through profession, trade, or employment within the specified format.
7. Compute Tax Liability:
- Calculate your professional tax liability based on the applicable slab rates and income brackets.
8. Payment Submission:
- Pay professional tax through the online portal using the available payment options.
9. Generate Acknowledgment:
- Obtain an acknowledgement receipt or confirmation of your professional tax filing for future reference.
10. Compliance with Due Dates:
- Ensure timely filing and payment to adhere to the specified due dates and avoid penalties.
11. Periodic Review:
- Periodically review your professional tax filing status to stay compliant with any regulation changes.
12. Seek Professional Assistance:
- Consult with tax professionals or experts to ensure accurate and smooth professional tax filing.
Conclusion
Navigating the intricacies of Professional Tax Registration in India requires understanding the diverse rates and procedures across states. While not uniformly enforced, this tax is mandatory for entrepreneurs, working individuals, traders, and professionals in specific occupations. With a maximum annual payment cap and Eligibility for income tax deductions, it is a crucial revenue source for governments. The online registration process, facilitated through secure channels and the Citizen portal, streamlines the filing procedure. Additionally, the guide for converting LLPs into Private Limited Companies emphasises the importance of eligibility confirmation, document collection, accurate information entry, and timely compliance to ensure a seamless transition with the possibility of seeking professional assistance if required.
India's Thriving Cashew Export Industry: Opportunities and Top Exporters
India has emerged as one of the world’s leading producers and exporters of cashews and cashew-related products, thanks to its favorable climate and skilled workforce. With more than 15% of global cashew exports, India holds the top spot as the world's largest exporter. The cashew export industry in India is a lucrative business venture for entrepreneurs eager to enter the international trade market.
Is the Cashew Export Business Profitable?
Indeed, cashew export from India are highly profitable. However, the profit margin varies depending on several factors. On average, the revenue generated from 1 kg of value-added cashew goods is substantial, making it a promising venture for traders.
According to data, India, the US, and Germany are the top three cashew-importing countries. Cashew nuts are consumed globally, either as sweet or salty snacks or as ingredients in various culinary dishes. The global cashew market size is expected to reach USD 7.82 billion by 2024 and USD 9.20 billion by 2029, with a compound annual growth rate (CAGR) of 3.31% during the forecast period, driven by the rising popularity of healthy food options and increasing health consciousness.
Top 10 Cashew-Producing Countries
India is one of the top cashew producers globally. Here’s a breakdown of the leading cashew-producing countries:
Ivory Coast - 970,000 tonnes
India - 743,000 tonnes
Vietnam - 283,328 tonnes
Indonesia - 170,000 tonnes
Benin - 120,000 tonnes
Burkina Faso - 115,000 tonnes
Guinea-Bissau - 90,000 tonnes
Tanzania - 80,000 tonnes
Mozambique - 70,000 tonnes
Philippines - 65,000 tonnes
India produces over 0.8 million metric tons of cashew nuts annually, with Maharashtra, Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Goa, Orissa, West Bengal, and parts of the Northeast being the major cashew-growing states.
Cashew Export Data from India: 2023-24
India's dominance in the global cashew market is evident from its export statistics. According to cashew export data 2023, India exported 65,808.42 metric tons of cashews, valued at approximately USD 356 million. However, there was a slight decline in export value from USD 290.95 million in 2022 to USD 282.54 million in 2023.
The top export destinations for Indian cashews include the United Arab Emirates, Japan, and the Netherlands. The UAE was the largest buyer, accounting for USD 127 million in 2022-2023, representing 34.9% of total exports. The Netherlands and Japan also featured among the top three importers of Indian cashews, each accounting for 10% of exports.
Top Cashew Nut Exporting Countries
India remains the largest exporter of cashews, with an export value of USD 356.6 million. Other major cashew-exporting countries include:
Netherlands - USD 253.3 million
Germany - USD 213.3 million
Nigeria - USD 152.6 million
Brazil - USD 68.6 million
Ghana - USD 31.0 million
Turkey - USD 24.6 million
Benin - USD 21.8 million
Mozambique - USD 20.4 million
Tanzania - USD 18.6 million
Top Cashew Exporters in India
India boasts some of the largest cashew exporters in the world. Here are the top 10 cashew exporters in India:
Griva Enterprise - Gujarat
Yesraj Enterprises - Maharashtra
Sahyadri Cashew Processors - Karnataka
Virendra Haribhai Pansara - Gujarat
Puduvai Exports - Puducherry
Andalan Shakti Private Limited - Gujarat
Saa Vishnu Bakers Private Limited - Jharkhand
Amirtham Enterprises Private Limited - Tamil Nadu
Nayan Enterprises - Rajasthan
M. Madhavaraya Prabhu - Karnataka
These companies represent the best in India's cashew export industry, ensuring that the country maintains its strong position in the global market.
How to Start a Cashew Export Business from India
To establish a successful cashew export business in India, you need several documents, including export documentation, an export license, a certificate of origin, and an FSSAI food license. Here are the essential steps to get started:
Business Registration: Register your business with the appropriate legal structure and ensure compliance with India’s tax regulations.
Market Research: Conduct thorough market research to understand the nature and qualities of the product. Understanding the market is crucial for success in the cashew export business.
Find Buyers or Distributors: Identifying reliable buyers or distributors is critical. Platforms like Seair Exim Solutions offer valuable insights and data on cashew export trends, helping you connect with potential trading partners.
Conclusion
The cashew export industry in India offers numerous opportunities for traders, farmers, and entrepreneurs. The industry is well-positioned for continued growth with the right approach, focusing on quality, and leveraging government support. Platforms like Seair Exim Solutions provide up-to-date trade data, making it easier to navigate the market and succeed in the global cashew trade.
C M Patel and Company: Your Trusted Tax Consultant in Vadodara
For the best tax consultant in Vadodara, look no further than C M Patel and Company! We are located in Vadodara, Gujarat 390007, and our dedicated team offers a comprehensive range of services, including accountancy, income tax consultancy, GST consultancy, private limited company registration, auditing services, and business startup registration. With our extensive experience and unwavering commitment to excellence, we have earned a reputation as the trusted partner and renowned CA Firm in Vadodara, specializing in efficiently managing your financial affairs. For expert advice and personalized solutions for all your accounting and tax needs, don't hesitate to contact us at 9974037318.
This blog includes information on the corporate identification number (CIN), covering information on the CIN for companies, what it is, how to check it, and other related information. The Registrar of Companies (ROC) assigns each company incorporated in India with a unique identification number known as a Corporate Identification Number (CIN). After receiving their Registration Certificate, companies are granted their CIN by the ROC. The CIN is significant because every business is required to include this specific number on all documents submitted to the MCA, such as audits and other reports.
What is CIN Number?
The Ministry of Corporate Affairs issues the Corporate Identification Number (CIN), a 21-digit alpha-numeric identifier, to businesses that are formed in India after they have registered with the ROC in various states across the country.
All businesses that register in India are issued a CIN; examples are listed below.
One Person Company (OPC)
Nidhi Company
Limited Liability Company
State-owned enterprises
The company from Section 8 and others
On the other hand, Limited Liability Partnerships (LLP) registered in India do not acquire a CIN. LLPs are given a special 7-digit identifying number called the LLPIN (Limited Liability Partnership Identifying Number) by the ROC.
Description of the 21-digit of CIN
Section 1
The first character of a CIN shows whether a company is “Listed” or “Unlisted” on the Indian stock exchange. So, the first character indicates if the company is a stock market listed company. The CIN of a company will start with the letter “L” if it is listed, and with the letter “U” if it is not.
Section 2
The next five numeric digits classify a company’s economic activity or the industry to which it belongs. This categorization is based on the kind of economic activity that a facility like that would carry out. The MCA (Ministry of Corporate Affairs) has issued numbers to each category and industry.
Section 3
The next two letters represent the Indian state where the company is registered. As an illustration, GJ signifies Gujarat, MH signifies Maharashtra, KA signifies Karnataka, and so on. It works in the same way that a vehicle registration number does.
Section 4
The next four digits in a CIN number represent the year in which the company was created.
Section 5
The next three letters stand for the company class. These three letters indicate whether a company is a public limited or private limited company. If the CIN number is FTC, it means the business is a subsidiary of a foreign corporation, whereas the Government of India means the business is owned by the Indian government.
Section 6
The final six numerical digits represent the registration number provided by the concerned ROC (Registrar of Companies).
The importance of a company’s CIN number
The 21-digit CIN has a unique importance that is easy to understand and simplifies the identification of important corporate data.
It is used to obtain the fundamental data on businesses that are registered in the nation with the MCA (Ministry of Corporate Affairs).
A company’s CIN (Corporate Identification Number) must be submitted on all transactions with the relevant ROC (Registrar of Companies), and it is used to track all of its activities beginning with the time the ROC first established the company.
CIN numbers can be used to identify or track organizations for various levels of information maintained by MCA/ROC. The CIN provides details about the Registrar of Companies (ROC) as well as the identification of the company.
How to obtain a CIN number for your company?
Once you have chosen the type of business you want to establish, the steps to obtaining a CIN are as follows.
Get a DSC (Digital Signature Certificate).
Obtain a DIN (Director Identification Number).
The new user registration process must be finished.
After completing this, complete the company incorporation process.
Incorporate the Company
After receiving the company’s incorporation papers, the MCA (Ministry of Corporate Affairs) will evaluate and approve the application. After all of the application’s data has been verified, the CIN is assigned.
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Summary
A business registration number, also referred as a CIN (Corporate Identification Number), a special identification number issued by the ROC (Registrar of Companies). In simple terms, a CIN is a special code that includes both the company’s identification number and extra details about how it operates.
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We Nd Business Centre, situated at Ashram Road, Ahmedabad,Gujarat have the hands-on experience and expertise to effectively coach your organization and to correctly interpret the quality standard for your particular application. We have worked hand-in-hand with a wide variety of clients. We work with only the most reputable registrars to ensure your certification has the proper national and international recognition for your industry.
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Looking for an LLP registration in Ahmedabad? A leading Online LLP Registration Consultant in Ahmedabad, Gujarat, India, LegalAdda is a specialist in LLP registration.
Registration of limited liability partnerships in Ahmedabad (India) is most popular since, as a middle form between private companies and partnership firms, it is most convenient. LLPs combine the benefits of a partnership firm and of a private limited company, so they are a better form of business entity. The LLP Act regulates formation of LLPs, which are overseen by the Ministry of Corporate Affairs. In order for a limited liability partnership (LLP) to be formed, at least two partners are needed. Under the make in india and startup india schemes, LLP forms are however recognized for the startup benefit.
Guiding Through the Online Professional Tax Registration Procedure in India
Streamlining Finances: A Guide to Professional Tax Registration Online in India
The Professional Tax Registration Procedure involves the state governments in India charging individuals who earn income or practise professions such as chartered accountants, lawyers, and doctors. Different states have varying rates and collection procedures for this service, which are imposed at the state level. Not all states enforce this tax, with Karnataka, West Bengal, Andhra Pradesh, Telangana, Maharashtra, Tamil Nadu, Gujarat, Assam, Chhattisgarh, Kerala, Meghalaya, Odisha, Tripura, Madhya Pradesh, and Sikkim being exceptions. This tax applies to entrepreneurs, working individuals, traders, and various occupations.
Professional tax is collected by specific Municipal Corporations and most Indian states, serving as a revenue source for the government. The maximum annual amount payable is INR 2,500, with predetermined slabs based on the taxpayer's income. Employers deduct this tax from employees' salaries in private companies and remit it to the Municipal Corporation. Professional tax is mandatory, and individuals are eligible for income tax deductions for this payment.
To initiate Professional Tax Registration, individuals must register their mobile number and email ID. After registration, they receive a unique username and password through secure channels like mobile and email. Through the Citizen portal, applicants create a self-assessment application and submit it for professional tax assessment.
The procedure of conversion of LLP into a Private Limited Company
1. Determine Eligibility:
- Confirm whether you meet the criteria for professional tax filing based on your income from profession, trade, or employment.
2. Gather Necessary Documents:
- Collect essential documents, including proof of income, identification, and other relevant details.
3. Online Registration:
- Initiate the professional tax filing by registering online through the designated portal.
4. Provide Personal Information:
- Enter accurate personal information, including your name, address, contact details, and PAN.
5. Employment Details:
- Furnish details regarding your profession, trade, or employment, along with relevant employment records.
6. Income Declaration:
- Declare your income earned through profession, trade, or employment within the specified format.
7. Compute Tax Liability:
- Calculate your professional tax liability based on the applicable slab rates and income brackets.
8. Payment Submission:
- Pay professional tax through the online portal using the available payment options.
9. Generate Acknowledgment:
- Obtain an acknowledgement receipt or confirmation of your professional tax filing for future reference.
10. Compliance with Due Dates:
- Ensure timely filing and payment to adhere to the specified due dates and avoid penalties.
11. Periodic Review:
- Periodically review your professional tax filing status to stay compliant with any regulation changes.
12. Seek Professional Assistance:
- Consult with tax professionals or experts to ensure accurate and smooth professional tax filing.
Conclusion
Navigating the intricacies of Professional Tax Registration in India requires understanding the diverse rates and procedures across states. While not uniformly enforced, this tax is mandatory for entrepreneurs, working individuals, traders, and professionals in specific occupations. With a maximum annual payment cap and Eligibility for income tax deductions, it is a crucial revenue source for governments. The online registration process, facilitated through secure channels and the Citizen portal, streamlines the filing procedure. Additionally, the guide for converting LLPs into Private Limited Companies emphasises the importance of eligibility confirmation, document collection, accurate information entry, and timely compliance to ensure a seamless transition with the possibility of seeking professional assistance if required.
Know everything about the private limited company registration in India with the business experts at Registrationwala. They will provide you the complete guidance right from collecting the documents to getting the certificate of registration.
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