We are a 14+ year old Company Secretary Firm with a team of Company Secretaries, Chartered Accountants and interns.
ARACS was Founded by Akansha Rathi, an experienced Company Secretary with over 20+ years of experience of working in industry and in practice and an Insolvency Professional. ARACS is a registered Practising Firm with ICSI.
Learn more about usIntroduction: On 9 May 2007, the erstwhile Ministry of Small-Scale Industries and the Ministry of Agro and Rural Industries were merged to form the Ministry of Micro, Small and Medium Enterprises (M/o MSME). The Ministry designs policies, promotes and facilitates programmes, projects, schemes and monitors their implementation, with a...
The buyback of shares is a corporate financial strategy where a company repurchases its own shares from existing shareholders. This process reduces the number of outstanding shares, thereby increasing the ownership stake of remaining shareholders. Companies may undertake a buyback for various reasons, including returning surplus cash to shareholders,...
India’s ‘angel tax’ has been a topic of significant debate, often described as an innocuous term with severe implications. Recently, it has resurfaced in the news as Budget 2024-25 has relieved startups from this tax liability. This tax, unique to India, converts capital into taxable income, which seems counterintuitive...