Why Your SME Business in India Needs Virtual CFO Services

How to help SME Business Owners in India maintain their day-to-day financial transactions In today’s fast-paced and highly competitive business landscape, small and medium-sized enterprise (SME) owners in India face numerous challenges when it comes to managing their financial transactions efficiently. From handling cash flow to monitoring expenses, SMEs require effective financial management strategies to […]

Questions on Income tax returns

Questions on Income tax returns Query Solution Have you missed filing your income tax return for FY 22-23? If yes, then there is still a chance to file the income tax return within 31st December, 2023. The return missed to be filed within the due date of filing income tax return is known as belated […]

Angel Taxation

Angel Taxation If you are an entrepreneur, you must be aware of the term “Angel Tax”. Under section 56(2)(viib) of the Income Tax Act, a startup in India is required to pay a definite sum in the form of tax. However, in the 2019 Union Budget, the government announced some relaxation. At the same time, […]

SUPPLY CHAIN MANAGEMENT

Suppply Chain Management The management of the flow of goods and services between organizations and locations is known as supply chain management (SCM). The movement and storage of raw materials, inventories for work-in-progress, finished goods, and the complete order fulfilment process from the point of origin to the site of consumption can all be included […]

Vendor Agreement Drafting

Vendor Agreement Drafting

Vendor Agreement Drafting The Indian Contract Act of 1872 defines vendor agreement as a legal document which specifies the terms for the services’ quality, price, liability, duration, and other requirements that the vendor must meet. The entity that has paid for the provided goods is often referred to as the vendor. Benefits of Vendor Agreement […]

Strategic Planning Services

Strategic Planning Services It includes a definition of the business model, a description of the product or service, goal setting, an analysis of the competitors and the market, financial projections, and a thorough report on business activity. Before meeting with investors, if you have a basic business plan that you would like reviewed by a […]

SHAREHOLDERS AGREEMENT

Shareholders Agreement Services

Shareholders Agreement services in Bangalore Welcome to Chhota CFO Shareholders’ agreement services in Bangalore. A shareholders’ agreement is a crucial document that outlines the rights, responsibilities, and obligations of shareholders in a company. Whether you’re starting a new venture or restructuring an existing business, having a well-drafted shareholders’ agreement is essential to protect the interests […]

SERVICE LEVEL AGREEMENT

Service Level Agreement An agreement between two or more parties, one of whom is the client, and the others are service providers, is known as a service-level agreement. This “contract” may be formal or informal and is legally binding (for example, internal department relationships). The agreement may involve various teams from various organizations or distinct […]

Services For Non-Executive Directors

Services For Non-Executive Directors An individual who serves on a company’s board of directors but does not occupy an executive position is known as a non-executive director. Non-executive directors serve as impartial consultants and are not in charge of the company’s day-to-day operations. According to the Companies Act of 2013, the phrase “Non Executive Directors” […]

NBFC Takeover

NBFC Takeover The non-banking financial companies, commonly referred to as NBFCs, are essential to India’s financial system.  However they have quite bit of compliances that they need to undertake. Once established, NBFCs are required to periodically abide by the regulatory authority’s numerous compliance criteria. Given how numerous and wide-ranging NBFC Compliances are, it could be difficult […]