Section 8 Microfinance Company

Section 8 Microfinance Company A Section 8 Microfinance Company operates under the Companies Act 2013 as a non-profit organization that provides financial services to underserved communities. Recognizing these entities' pivotal role, the Reserve Bank of India (RBI) has periodically revised…

Section 8 Company Compliance

Section 8 Company Compliance A Section 8 company in India is a non-profit organization that promotes social welfare under the Companies Act, 2013. Section 8 companies, much like other companies, are subject to compliance requirements. Despite their non-profit nature and…

What is difference between NGO and Section 8 company?

What is difference between NGO and Section 8 company? This article will discuss the differences between an NGO and a Section 8 company in India. An NGO (Non-Governmental Organization) is an organization that works independently of any government to provide…

Can Section 8 company make profit?

Can Section 8 company make profit? Section 8 companies can make profitĀ in a number of ways even though the owners are not required to share any profits with the shareholders. These businesses cannot give their members profits or dividends because…

Difference between NPO and NGO

  Difference between NPO and NGO There are various NPOs and NGOs that have a sole mission to make the world a better place. Some organizations are set up by a group of individuals to serve society. They can be…

Animal Husbandry Infrastructure Development Fund (AHIDF)

Animal Husbandry Infrastructure Development Fund (AHIDF) The Ministry of Animal Husbandry, Dairying and Fisheries launched the Animal Husbandry Infrastructure Development Fund (AHIDF) worth Rs. 15,000 Crores, which was approved under the Atma Nirbhar Bharat Abhiyaan stimulus package. The key objective…