compliance

Exploring the Advantages and Regulatory Framework of NIDHI Companies in India

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A Guide for Prospective Clients At Shiva Consultancy Group, we understand the pivotal role that financial inclusivity and discipline play in the sustainable development of communities, especially within the middle and lower-income groups. NIDHI companies in India represent a unique model of mutual benefit, promoting savings and lending within a closed community of members. Here’s […]

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Business Registration and Licensing: A Non-Avoidable Menace for Startups and Budding Entrepreneurs

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Introduction For many aspiring entrepreneurs and startups, the excitement of launching a new venture is often met with the sobering realities of administrative red tape—most notably, business registration and licensing. Although these processes can be cumbersome, they are indispensable to ensure your venture operates within the bounds of the law. This blog aims to elucidate

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Blog Title: Navigating the Cost of Compliance in MSMEs: Strategies for Minimization

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Introduction Compliance costs are a significant concern for Micro, Small, and Medium Enterprises (MSMEs). As regulatory frameworks evolve to be more stringent, the financial and operational burden on these enterprises intensifies. This blog aims to shed light on the various facets of compliance costs in MSMEs and presents feasible strategies to minimize these expenses. The

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