PRIVATE LIMITED COMPANY REGISTRATION IN INDIA
January 20, 2020
WHAT IS PRIVATE LIMITED COMPANY REGISTRATION? Private Limited Company Registration is one of the most popular legal entity in India. In simplified terms, it is a proper company registration in India with the ministry of corporate affairs and gives you rights doing business anywhere in India or outside. MCA register your Pvt ltd company registration […]
WHAT DOES IT COST TO START & OPERATE A PRIVATE LIMITED COMPANY IN INDIA?
January 20, 2020
A lot of entrepreneurs do not incorporate a private limited company because they feel it will be a costly affair. But, with the arrival of the company registration procedure on online platforms, the situation has changed drastically. It is easy to understand that incorporation can be done in little time at substantially reduced pricing. Entrepreneurs […]
HOW TO REGISTER A COMPANY IN INDIA: A COMPLETE GUIDE
January 20, 2020
Most of the founders are coders, designers, marketers, and folks from different professions. One critical thing that most founders aren’t the best at is the basic legalities when it comes to starting and registering a business. Let me tell you how important it is to be on the right side of the law. The last […]
LIMITED LIABILITY PARTNERSHIP
January 20, 2020
Limited liability partnership was introduced in India by way of Limited Liability Partnership Act, 2008. It is a combination of both partnership and corporation and has the feature of both these forms. As the name suggests partners have limited liability in the company which means that personal assets of the partners are not used for […]
Why do Companies have Multiple Funding Rounds?
September 26, 2019
Introduction Startup: The Ministry of Commerce & industry vide notification dated February 19, 2019, has amended the definition of a Startup. It states: Only that an entity will be called a Startup, whether it is incorporated as a private limited company, a limited liability partnership or a registered partnership up to 10 years of its incorporation; […]
Basics of Income tax Act, 1961 (Related to Pay Slips)
September 18, 2019
1. Basic Salary This is a fixed component in your paycheck and forms the basis of other portions of your salary, hence the name. For instance, HRA is defined as a percentage (as per the company’s discretion) of this basic salary. Your PF is deducted at 12% of your basic salary. It is usually a […]
How to View and Download Form 26AS ? (Income Tax Act,1961)
September 18, 2019
1. What is Form 26AS? Includes info on tax deducted on your income by deductors Details of tax collected by collectors Advance tax paid by the taxpayer Self-assessment tax payments Regular assessment tax deposited by the taxpayers (PAN holders) Details of refund received by you during the financial year Details of the High-value Transactions in […]
ITR:Complete guide on how to e-file ITR (Income Tax Returns) on the Income Tax Department Portal
September 18, 2019
A taxpayer may want to file his income tax return for reporting his income for a financial year, carrying forward losses, claiming an income tax refund etc. An income tax return is a form which enables a taxpayer to declare his income, expenses, tax deductions, investments, taxes etc. The Income Tax Act, 1961 makes it mandatory under various scenarios […]
Latest income tax slabs and rates applicable for financial year 2018-19 (assessment year 2019-20),These will be applicable for FY 2019-20 as well.
September 18, 2019
What is Income Tax Slabs ? In India, income tax is levied on individual taxpayers on the basis of a slab system where different tax rates have been prescribed for different slabs and such tax rates keep increasing with an increase in the income slab. Such tax slabs tend to undergo a change during every budget. Further, […]
How to Register Limited Liability Partnership LLP in India
September 18, 2019
Limited Liability Partnership (LLP) is an advanced form to traditional form of normal partnership having liability of partners of LLP limited to the extent to capital contributed by partners in LLP. The major benefit to incorporate an LLP is to have Limited Liability in its operations . Often seen in bad time of business the personal assets […]
What Are The Advantages Of An MSME/SSI Registration?
July 30, 2019
What Are The Advantages Of An MSME/SSI Registration? Every nation’s economic hopes are pinned on its young, small businesses. the Indian government, with this in mind, offers numerous benefits to such organisations so that they may achieve growth with less difficulty. To avail of these benefits, the organisations that qualify must get an MSME or […]
Legal Requirements For Starting An Organic Food Business
July 25, 2019
Organic foods and supplements are grown naturally using manure, sunlight and without the synthetic application of fertilizers and chemicals. In recent times, organic farming has gained momentum and people have started to prefer organic products. Farmers are also slowly adapting to the change and are using chemical-free stuff for the growing the produce. The […]
How to Check for Compliance Post Incorporation of your LLP?
July 25, 2019
LLP have to abide by the rules and regulations set forth by the government when it comes to post incorporation. This article discusses some of the major LLP Compliances which are to be taken care of post incorporation. After the incorporation of a Limited Liability Partnership (LLP), there are certain compliances and procedural matters […]
Start A Pharmacy Business In India
July 24, 2019
How To Start A Pharmacy Business In India The pharmacy business is growing rapidly in India, with greater acceptance of modern medicine in smaller parts of the country and the arrival of the online pharmacy. At the same time, it isn’t easy to access credible information about what it takes to start such a business. […]
Annual Filings For An LLP
July 24, 2019
Annual Filings For An LLP Limited Liability Partnership is a corporate body having a different legal entity and everlasting succession. There should be at least two members at the time of formation. An LLP is capable of owning and holding assets by its own name. It is more stable when compared to general partnership firms. […]