MANISH MALHOTRA & ASSOCIATES (2M)

Proprietorship – The Simplest Form of Business, Ideal for Small Entrepreneurs Starting a business does not always require huge capital or complex legal structures. Many successful businesses begin small, with limited resources but clear vision and skills. For such entrepreneurs, a Proprietorship is the simplest, fastest, and most economical form of business in India. It is especially suitable for individuals who want full control, low compliance, and minimal startup cost . What is a Proprietorship?  A Sole Proprietorship is a business owned, managed, and controlled by a single individual. There is no separate legal identity between the proprietor and the business. The proprietor enjoys all profits and bears all risks and liabilities of the business. Legal Recognition under Income Tax Act, 1961 Under Section 2(31) of the Income Tax Act, 1961 , the term “Person” includes: An Individual A Hindu Undivided Family (HUF) A Company A Firm An Association of Persons (AOP)...

 MSME Registration क्या है? फायदे, पात्रता, प्रक्रिया और ज़रूरी जानकारी परिचय भारत में छोटे और मध्यम व्यवसाय (Small & Medium Businesses) देश की अर्थव्यवस्था की रीढ़ माने जाते हैं। सरकार ने ऐसे व्यवसायों को बढ़ावा देने के लिए MSME Registration , जिसे अब उद्यम रजिस्ट्रेशन (Udyam Registration) कहा जाता है, शुरू किया है। अगर आप कोई business start करने की योजना बना रहे हैं या पहले से छोटा व्यवसाय चला रहे हैं, तो MSME registration आपके लिए बेहद ज़रूरी और फायदेमंद हो सकता है। इस लेख में हम समझेंगे: MSME registration क्या है ? कौन MSME ले सकता है ? MSME registration के फायदे? MSME registration कैसे करें? GST और MSME का क्या संबंध है? MSME Registration क्या है? MSME (Micro, Small and Medium Enterprises) registration एक सरकारी पहचान है जो छोटे व्यवसायों को दी जाती है।  2020 के बाद इसे Udyam Registration कहा जाता है और यह पूरी तरह online और free है। MSME registration मिलने के बाद आपका business सरकारी रिकॉर्ड में दर्ज हो जाता है और आप कई सरकारी योजनाओं, सब्स...

  Business Ideas in India: Low Capital, Skill-Based & High-Growth Opportunities Starting a business does not always require huge funding or heavy capital investment . In today’s India, many businesses can be started with low capital or even zero capital , provided one has the right skills, correct guidance, and a clear path . If a person is skilled, disciplined, and consistent, business can become a powerful tool to achieve financial independence and fulfil long-term dreams . Technology, digital platforms, and supportive government policies have made entrepreneurship accessible to almost everyone. In this article, we explore practical and profitable business ideas in India , including low-investment businesses, skill-based opportunities, online businesses, and consulting models . We will also explain what kind of business you can start in India , how to choose the right one, and the basic legal steps required to begin . Why Start a Business in India? India is one of the large...

HIGHLIGHTS OF UNION BUDGET 2026-27 PART-A Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman tabled the Union Budget 2026-27 in the parliament today. The highlights of the budget are as follows: The first Budget prepared in Kartavya Bhawan, is inspired by 3 kartavyas: First kartavya is to accelerate and sustain economic growth, by enhancing productivity and competitiveness, and building resilience to volatile global dynamics. Second kartavya is to fulfil aspirations of  people and build their capacity, making them strong partners in India’s path to prosperity Third kartavya, aligned with vision of Sabka Sath, Sabka Vikas, is to ensure that every family, community, region and sector has access to resources, amenities and opportunities for meaningful participation. Budget Estimates The non-debt receipts and the total expenditure are estimated as ₹36.5 lakh crore and ₹53.5 lakh crore respectively. The Centre’s net tax receipts are estimated at ₹28.7 lakh crore. ...

Gold & Silver Crash on 30th January: Reasons, MCX Prices, and What Investors Should Do On 30th January, global precious metals markets witnessed an unusually sharp sell-off. Gold and silver prices crashed in a single trading session, wiping out a large part of their recent gains.  The fall was sudden, deep, and broad-based — impacting global markets as well as Indian trading on MCX . This sharp correction raised serious questions among investors: What caused such a steep fall? Was it only profit booking or something more? Are gold and silver still safe-haven assets? What should investors do now? This article explains the reasons behind the crash, confirms MCX price levels, and outlines key investor takeaways — supported by reliable sources. MCX Price Action: What Happened in India? Gold Prices on MCX (30 January) Gold futures on the Multi Commodity Exchange (MCX) saw extreme volatility on 30th January: Gold had recently touched highs close to ₹1,78,000 per 10 grams. During the...

Union Budget 2026: Key Expectations, Policy Signals, and Sector-wise Outlook The Union Budget 2026, scheduled to be presented on 1st February, arrives at a crucial juncture for India’s economy. With global uncertainties, currency pressures, rapid technological shifts, and rising consumer expectations, this Budget is expected to focus less on populist announcements and more on structural reforms, execution efficiency, and long-term sustainability.    From taxpayers to startups, from defence to green energy, here is a detailed and forward-looking analysis of what stakeholders expect from the Union Budget 2026.   Key Expectations from Union Budget 2026 1. Income Tax: Stability with Targeted Relief After the significant increase in the  basic exemption limit to ₹12 lakh under the new tax regime  in the previous Budget, experts do not anticipate major changes in tax slabs this year. However, the government is expected to: Continue  strengthening the new tax regi...