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Key Difference Between Private Company and Public Company

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  Understanding the difference between private company and public company is essential for anyone involved in starting, investing in, or working with businesses. These two types of companies operate under distinct frameworks, serve different types of stakeholders, and have separate legal and financial responsibilities. Knowing these differences helps entrepreneurs and investors make informed decisions when choosing the right business structure. Key Difference Between Private Company and Public Company The difference between private company and public company lies in ownership, control, compliance requirements, and the ability to raise capital. While a private company is held by a limited number of shareholders and cannot offer its shares to the public, a public company is owned by shareholders who invest through public stock exchanges. This distinction influences how each company functions and grows in the marketplace. A private company is generally more flexible, less regulated, ...

Understanding GST Full Form – The Complete Overview of GST

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  The Goods and Services Tax, or GST, has transformed how taxes are levied in many countries, including India. If you are wondering about the GST Full Form and its implications, this article provides a detailed breakdown. GST has become a cornerstone of the modern tax system, helping streamline tax administration, ensure transparency, and facilitate ease of doing business. What is the GST Full Form? The GST Full Form stands for Goods and Services Tax. It is a value-added tax applied to the supply of goods and services at each stage of production or distribution. The tax is levied on the value-added portion at every step, allowing businesses to reclaim the tax they have paid on inputs. By merging several different taxes into one unified structure, GST seeks to eliminate the cascading effect of taxes and simplify the overall tax system. Key Features of GST GST is designed to create a smooth flow of goods and services by making it easier for businesses to handle taxes. Here are some ...