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About Non-Banking Financial Company (NBFC) A Non-Banking Financial Company (NBFC) is a company registered under the Companies Act, 1956 or Companies Act, 2013, and engaged in the business of loans and advances, acquisition of shares/stocks/bonds/debentures/securities issued by Government or local authority or other marketable securities of a like nature, leasing, hire-purchase, etc., Â Â As their
Section 8 Company for Microfinance—A Growing Trend in India (2025 Guide) In recent years, microfinance has become one of the fastest-growing sectors in India, empowering individuals and small businesses with easy access to credit. Interestingly, many entrepreneurs and social organizations are now turning to Section 8 Companies as a cost-effective and compliant way to start
Introduction If you plan to start an NGO or a non-profit organization in India, a Section 8 Company is the most trusted legal structure. Unlike other companies, a Section 8 Company is formed for charitable and social purposes, not for profit. In this blog, we will explain the registration process, required documents, benefits, costs, and
Udyam Registration Udyam registration is a process initiated by the government to provide recognition to a MSME (Micro, Small, Medium Enterprises) business in India. This registration is necessary for those businesses which want to avail various benefits and schemes run and given by the government. Who Can Apply for Udyam Registration? Any business unit falling
