Accounting is the systematic process of recording, analyzing, and reporting financial transactions of a business or individual. It serves as a crucial tool for tracking income, expenses, assets, and liabilities, allowing stakeholders to understand the financial health of an entity. This involves the day-to-day recording of financial transactions, ensuring that all financial data is accurate and up to date. 

Income tax is a type of tax levied by the government on the income earned by individuals and businesses. It is usually calculated based on a percentage of an individual’s or entity’s total earnings, which can include wages, salaries, profits, and other forms of income.

A trademark is a recognizable sign, design, or expression that distinguishes products or services of one entity from those of others. It can be a name, logo, slogan, or even a specific color or shape. Trademarks serve to protect the brand identity and help consumers identify the source of goods or services, ensuring that they feel confident in their purchases.

TDS return, or Tax Deducted at Source return, is a financial document that certain entities, such as employers or businesses When a company pays salaries, interest, rent, or other forms of income, it is obligated to withhold a portion of that payment as tax. The TDS return includes details such as the total amount of payments made, the amount of tax deducted, and the details of the payees.

A Digital Signature Certificate (DSC) serves as a cryptographic means of validating the authenticity and integrity of digital messages or documents. It functions similarly to a traditional handwritten signature or a stamped seal, but it is more secure. 

ESI is a social security and health insurance scheme for Indian workers, offering them medical and financial benefits in case of sickness, maternity, or employment injury. Registration under ESI is mandatory for establishments with 10 or more employees (20 or more in some states).

A food license, often referred to as a food business license or health permit, is an essential authorization required for anyone looking to operate a food-related business, whether it be a restaurant, food truck, catering service, or manufacturing facility. The purpose of this license is to ensure that the food being prepared, stored, and sold meets safety and health regulations set by local, state, or national authorities.