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Day 8 About Basic Finance and Accounting Concepts Here's Some New Concepts In finance, Liabilities represent obligations or debts that an individual or organization owes to others. They indicate an outflow of resources, either cash or services, that

📢 GST Registration for Companies – Everything You Need to Know! 🚀 Starting a company? One of the first legal steps is getting GST registration! ✅ It not only gives your business a legal identity but also opens doors to seamless tax compliance, inp

Italy Fines OpenAI  €15.58M for GDPR Violations, first major GDPR penalty against a AI company in Europe. Key Violations : - Processing users' personal data for ChatGPT training without adequate legal basis -Violating transparency principles and i

Crypto Hacked? Take Action! 1. Gather evidence: transaction records, exchange communication, etc. 2. Notify the exchange & request a response plan. Consider legal help. 3. Explore suing the exchange (consult a lawyer for your case's strength). 4

Preparing My Tech Startup for Production Release – Need Guidance I'm gearing up for the production release of my tech startup and need some guidance on a few key areas: Company Registration: How did you get your company registered? What steps did y

I'm seeking advice from the professional community. My 50:50 partner and I have a registered private limited IT services company with a company account. We're having a disagreement on where to store our revenue. My partner suggests storing revenue i

"Understanding legal landscapes as a founder is just as important as creating a company as an entrepreneur" Especially for first-time entrepreneurs. We have seen most founders struggle with raising funds—even after investors like their product an

#9TDAYVC-DAY-12 🎯Types of Expenses for VC? 🎯What is a Self-Managed Fund? 🎯Organisational Expenses: These are costs for VC Funds which includes such as Incorporation Costs, Statutory Compliance Cost of the Funds, Placement Commissions, Distri

Here are 10 important accounting tasks to complete before 31-03-2025 to ensure a smooth financial year-end closing and compliance: ✅ 1. Reconcile All Bank Accounts Ensure that bank statements match the books of accounts. Resolve any discrepancies b

Day 10 About Basic Finance and Accounting Concepts Here's Some New Concepts 3. Contingent Liabilities Contingent liabilities are potential obligations that may arise depending on the outcome of a future event. These liabilities are not always guar