Legal Chanakya Blog

Import & Export

Customs Duty in India: Types, Rates, How It Is Calculated, and How to Reduce Your Import Cost

Customs duty is one of the largest cost components for any import business in India. Most importers do not fully understand the different types of duties, how they are calculated on the same product, and the legal ways to reduce customs duty liability. This complete guide covers everything importers need to know.

Legal Chanakya Team

September 14, 2026•10 min read

Read More →

Secretarial

RBI FEMA Compliance for Foreign Investment in Indian Companies: A Complete Guide

Foreign Direct Investment (FDI) in Indian companies is governed by the Foreign Exchange Management Act (FEMA) administered by the Reserve Bank of India. Failure to comply with FEMA reporting requirements leads to heavy compounding penalties. This guide covers the FDI reporting framework, timelines, forms, and common compliance pitfalls.

Legal Chanakya Team

September 14, 2026•11 min read

Read More →

Business Setup

NBFC Registration in India: Types, Eligibility, RBI Guidelines, and Application Process

Non-Banking Financial Companies (NBFCs) are a critical pillar of India financial system, serving millions of customers not reached by traditional banks. Starting an NBFC requires RBI registration, high minimum net owned funds, and ongoing compliance. This guide covers all NBFC types, eligibility, the RBI registration process, and key regulatory requirements.

Legal Chanakya Team

September 14, 2026•10 min read

Read More →

Licenses & Registrations

Shop and Establishment Act Registration: State-wise Rules, Documents, and Process

Every commercial establishment in India - shops, offices, restaurants, hotels, and more - must register under the State Shop and Establishment Act. This registration is mandatory from the first day of business and is required for opening a business bank account, getting other licences, and employing staff. This guide covers state-wise rules, documents needed, and the registration process.

Legal Chanakya Team

September 14, 2026•9 min read

Read More →

Taxation

Advance Tax in India: Who Must Pay, Due Dates, Calculation, and Penalty for Non-Payment

Advance tax is income tax paid in instalments before the end of the financial year - not in a lump sum at the time of return filing. Missing advance tax due dates triggers interest under Sections 234B and 234C. This guide covers who must pay advance tax, how to calculate it, the due date schedule, and consequences of default.

Legal Chanakya Team

September 14, 2026•9 min read

Read More →

Project Consultancy

How to Prepare a Detailed Project Report (DPR): Structure, Contents, and Why Banks Require It

A Detailed Project Report (DPR) is a comprehensive document that presents every aspect of a business project - from technical feasibility to financial projections - to banks, investors, and government agencies. A well-prepared DPR is the single most important factor in getting project finance approved. This guide covers the complete structure of a DPR and what banks look for.

Legal Chanakya Team

September 14, 2026•10 min read

Read More →

Business Setup

Private Limited vs LLP vs OPC: Which Business Structure Should You Choose in India?

Choosing the right business structure is the most important decision when starting a business in India. Private Limited Company, LLP, and OPC each have distinct advantages, disadvantages, tax treatments, and compliance obligations. This in-depth comparison will help you pick the right structure for your specific situation.

Ankit Singh

September 14, 2026•11 min read

Read More →

Business Setup

Private Limited Company Registration in India: Complete Step-by-Step Guide 2026

A Private Limited Company is the most popular business structure in India for startups and growing businesses. This complete guide covers the entire registration process, documents, costs, and timelines for 2026.

Khushi Shukla

September 14, 2026•10 min read

Read More →

GST

GST Registration in India: Who Must Register and How to Apply Online

GST registration is mandatory for businesses with turnover above the threshold limit. This guide covers who must register, the documents required, the step-by-step online process, and consequences of not registering.

Khushi Singh

September 14, 2026•8 min read

Read More →

Licenses & Registrations

Startup India Registration: Benefits, Eligibility & How to Apply in 2026

Startup India recognition unlocks powerful government benefits including tax exemptions, funding support, and fast-track patent filing. Learn who qualifies and exactly how to apply for Startup India recognition in 2026.

Khushi Shukla

September 14, 2026•7 min read

Read More →