A Project Report On " A Study On 5 Rays Consulting India Private Limited"
A Project Report On " A Study On 5 Rays Consulting India Private Limited"
A Project Report On " A Study On 5 Rays Consulting India Private Limited"
GANESH. N
Reg. No. B1928643
Under the guidance of Prof.
SHIVAKUMAR C
2021-2022
GUIDE CERTIFICATE
At the outset, I express my sincere thanks to all the people who helped in completing this
project. I thank SESHADRIPURAM FIRST GRADE COLLEGE, YELAHANKA,
the college that has been working towards the Nobel mission of providing quality and
holistic knowledge to its students.
I wish to take up this opportunity to express my deep sense of gratitude to DR. S.N.
VENKATESH, principle of our college for giving us an opportunity to make this project.
who has guided me in each and every mode of the project work and helped me in
understanding better.
I am grateful to our BBA CO-ORDINATOR VAISHALI NARAYAN who has given brief
information about whole project. I am very grateful for their inspiration, advice and support
I would like to thank my family and friends who have directly or indirectly helped me in
successful completion of this project, and will remain the source of inspiration to ensure the
success of this project.
I GANESH. N hereby, declare that the project work titled “A STUDY ON 5 RAYS
CONSULTING INDIA PRIVATE LIMITED” is an independent study carried out
by me during my major concurrent project, I also here by declare that this report is not being
submitted to any organization and the data will be held confidential.
PAGE NO
SL.NO CHAPTERS
OBSERVATIONS AND
3 24-27
LEARNINGS
CONCLUSION 28
A STUDY ON ACCOUNTING AND FINANCING IN BHARATH FURNIHSINGS
CHAPTER-1
INTODUCTION OF THE
COMPANY
5 RAYS CONSULTING INDIA PRIVATE LIMITED
6 | PAGE
A STUDY ON ACCOUNTING AND FINANCING IN BHARATH FURNIHSINGS
Five Rays Consulting India Private Limited is a 7 years 9 days old Private
Company incorporated on 30 Jun 2015. Its registered office is in Bangalore,
Karnataka, india.
The Company's status is Active, and it has filed its Annual Returns and Financial
Statements up to 31 Mar 2021 (FY 2020-2021). It's a company limited by shares
having an authorized capital of Rs 0.10 cr and a paid-up capital of Rs 0.10 cr as
per MCA. 3 Directors are associated with the organization. Guruprasad Gopal,
Raghavendra Narayanappa and Muvva Vijaykumar are presently associated as
directors Today, change is the only constant. Trends that are rapidly changing,
dictated by technology and accelerated by global changes, are delivering a better
quality of life. Enhanced communication connectivity is driving business,
industry and nations as never before. In directions that were not even thought of
few years ago. This has spawned a great deal of mobility between continents and
countries. Geographically multi-location offices have come to stay, with large,
global corporations spreading their business beyond borders, which have become
seamless, internationally. The challenge for such corporations is to achieve 1) A
high degree of efficiency in operations. 2) Become strategically competent.
To develop and provide solutions that would support these objectives requires the
delivery of a host of professional services, on a global scale.
Five Rays Consulting India Private Limited's Annual General Meeting (AGM)
was last held on 30 November 2021 and as per records from
Ministry of Corporate Affairs (MCA), its balance sheet was last filed on 31
March 2021. Directors of Five Rays Consulting India Private Limited are Muvva
Vijaykumar, Raghavendra Narayanappa, Guruprasad Gopal, .
Company Details
CIN U74900KA2015PTC081240
Company Active
Status
RoC RoC-Bangalore
Registration 81240
Number
Non-govt company
Company Sub
Category
30 June 2015
Date of
Incorporation
Number of
Members
The vision are to be established as one of the top mobility services company in
the country, by providing best solutions to our clients.
4. Global Recruitment
5. Global Payroll
It is based on our vast experience in innovative payroll processing
6. US Attorney Support
5-Rays is a proud partner of one of the top 100 Attorneys of US in APAC
region.
7. Petition Drafting
High quality drafting and advices will be rendered at your service.
8. Attestation / Legalization
The documents are all attested and legalized with us.
9. Visa Stamping
Providing end to end solutions to our client for visa stamping.
10. Advisory Service
We provide you with specific advice to match your need.
5-Rays ADVANTAGES
1. QUALITY
Uncompromising adherence to quality at all levels.
3. GLOBAL PRESENCE
We are locally accessible, and globally successful.
4. FLEXIBLE
A strong supply chain link mechanism makes our delivery mechanism
team a lean.
5. COST LEADERSHIP
Close monitoring and cutting down of costs to pare down losses.
5-Rays OBJECTIVES
1) A high degree of efficiency in operations.
5-RAYS TEAM
Director and GEO Head - EMEA & APAC at Five Rays Consulting Pvt
Bengaluru, Karnataka, India Ltd.
Experience
About
A Senior Immigration Specialist with an expertise in Immigration policies,
procedure and compliance for Various Countries along with Team Management,
Strategic Planning, Policy Implementation, Relationship Management, Project
Management, Process Management, Program Management and Operations
Management in IT and Legal Industry.
CHAPTER-2
NATURE OF THE BUSINESS
Global immigration
• Deciding and recommending the work permit and visa types which are most
appropriate.
• Country
• Circumstancs
Immigration Assistance
• Work Permits
• Visa stamping
• Local registration
Outbound Immigration
• Discuss and understand the client deployment requirements in the host country
• Access the case and suggest the appropriate work permit category considering
local compliance
• Guide through the process and list of documents from an assignee, home country
company and host country company
• Advice on the type of contract (Home /host country) and salary requirement
• Filing the application with respective authority and follow up on regular basis
• Take care of end to end process including both pre arrival and post arrival steps
• Extension of immigration documents and automatic notification to client well
in advance of document expiration
CHAPTER-3
INTERNSHIP DETAILS
PLACE OF INTERNSHIP
This web application is reduced as much as possible to avoid errors while entering
data. It also provides error message while entering invalid data. It is user-friendly
as no formal knowledge is required to use the system.
Human resource challenges are faced by every organization which has to be
overcome by the organization. Every organization has different employee and
payroll management needs. Therefore I have design exclusive Employee and
payroll Management System that are adapted to the organization’s Managerial
Requirements.
The purpose of this document is to describe the functionality and specifications
of the design of a web application for Managing Employees and their payroll. The
expected audiences of this document are the developers and the admin of the web
application. Now with the help of this system the admin has the information on
his finger tips and can easily prepare a good record based on their requirements.
Finally, we can say that this system will not only automate the process but save
the valuable time of the manager or the admin, which can be well utilized buy his
institute. This will be an additional advantage and management of power based
on their free time from his normal duty
Payroll process
4. Enthusiasm is invaluable
As an intern, I discovered its essential to be enthusiastic and open to
learn new skills, being curious to learn and ask questions. Having curious
also means that, as an intern, will get a lot out of what you’re doing, which
opens lost of opportunities.
6. Taking feedback
after doing the tasks which is said to be done receiving feedback is very
important, it is essential to take note of both the positive and negative
points for the future, so you can grow and excel in your career
CONCLUSION
This project is built keeping in mind that it is to be used by only one user that is
the admin. It is built for use in small scale organization where the number of
employees is limited. According to the requested requirement the admin can add,
manipulate, update and delete all employee data in his organization. The admin
can add new departments and delete them. The Admin can also add predefined
pay grades for the employees. The required records can be easily viewed by the
admin anytime time he wants in an instant. The payment of the employee is based
on monthly basis. Numerous validations implemented would enable the admin to
enter accurate data. The main objective of this framework is to save time, make
the system cost effective and management records efficiently.