hello
its better to form a nidhi company or credit co operative society plz suggest???
and plz give suggestions about income tax too.
Go for nidhi company by forming 200 members
Benefits to Registering a Nidhi Company
Very Easy formation
Cost Efficient Registration
More Certainty
Less level of Risk – Non- payment loans
No RBI Regulations – less compliance
Less Capital Required
Base to Establish NBFC
Best Structure to provide Finance Services
Very Low Investment and NOF required
Better Credibility
No External Involvement
Loans with Minimum eligibility Criteria
CAclubindia
