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 […]
GST Registration For Service Tax Payers
July 30, 2019
GST Registration For Service Tax Payers The process of enrolment and registration for payment of GST has been set in motion. All the taxpayers who paid Service Tax, VAT and Luxury Tax among others must apply for a GSTIN as soon as possible. If they fail in this pursuit, then they will be liable for […]
7 Mistakes To Avoid Under GST Composition Scheme
July 30, 2019
7 Mistakes To Avoid Under GST Composition Scheme There are several benefits that you can avail when you apply for the GST composition scheme of your business. The recent GST taxation policies under the composition schemes seem to be attractive for start-up owners. Make sure that you avoid the following mistakes under the GST composition […]
Reasons For Trademark Objection
July 30, 2019
Reasons For Trademark Objection Once a trademark application is filed, a trademark examiner scrutinizes the application. This is done to make sure the application isn’t at odds with any trademark rules. A trademark application can face an objection for any of the following reasons: Use of incorrect trademark form In case the application is not […]
Difference Between: CGST Vs SGST Vs IGST
July 30, 2019
Difference Between: CGST Vs SGST Vs IGST Recently, the Goods & Services Tax (GST) was introduced and it replace over 10 other existing taxes levied by the central and state governments. The three main concepts that you need to know about are GST, Central GST and Integrated GST. From here, you will get to know […]
Procedure For Changing The Name Of An LLP
July 30, 2019
Procedure For Changing The Name Of An LLP A Limited Liability Partnership (LLP) that is registered in India may, under certain circumstances, need to change its name. The reasons can be business-related or on account of certain directives from the central government (if the name of the LLP is considered undesirable or similar to an […]
GST Advantage For Start-Ups And Small Businesses
July 30, 2019
GST Advantage For Start-Ups And Small Businesses All start ups are set to receive a lot of benefits with the arrival and proper implementation of the goods and services tax. The ease of doing business is one of the many benefits that they will receive because of this new system of indirect taxation. At the […]
The Difference Between Form 16 A & B
July 30, 2019
Form 16 & The Difference Between Form 16 A & B Form 16 is the form certificate given by the Central Board of Direct Taxes. This format is given by the employer providing the details of the employees salary and deducted tax. The form 16 is very important document which is needed while filing the […]
Important Aspects Of A Partnership
July 30, 2019
Important Aspects Of A Partnership People entering into an agreement to start and run a business are partners and the firm they thus form is called a partnership firm, and the name of such a company is called the firm name. A partnership is an agreement between two or more persons to work together on […]
Corporate Compliance For Foreign Entities In India
July 30, 2019
Corporate Compliance For Foreign Entities In India India is a fast growing economy and it is predicted that the country will emerge as one of the largest economies on a global scale in the next few decades. This is possible due to the policies introduced by the government such as Digital India, Make in India […]
How To Register A Producer Company In India
July 30, 2019
How To Register A Producer Company In India A Producer Company consists of a group of people who are involved in the production of primary produce or having one or more objectives related to the primary produce. Part IXA of Companies (Amendment) Act, 2002, deals with the Indian Producer Company. The main objective to introduce […]
Income Tax Refund
July 30, 2019
Income Tax Refund – A Comprehensive Guide While paying taxes is the duty of every Indian citizen, getting a refund for it is also their right. A refund is applicable if the person has paid more than the required tax to the government. In this post, we illuminate what ITR is and what steps to […]
The GST Reverse Charge
July 30, 2019
The GST Reverse Charge – Understand What It Means The liability to pay tax by a person receiving the goods and/or the services instead of the person supplying the goods and/or the services in respect of specified categories of supplies is called GST Reverse Charge. In India, this concept of reverse charge under the GST has […]
Guide On GST Input Tax Credit In India
July 30, 2019
Guide On GST Input Tax Credit In India The GST input tax credit is one of the essential parts of the new indirect tax machinery set into motion by the Central Government. As a business owner, you have the option of reducing the Goods and Services tax that you pay on the finished product by […]
GST Implementation
July 30, 2019
GST Implementation: Key Issues The GST system has an impact on the indirect tax system of the country. GST is introduced for improvement of the tax system, but there are still some areas that need to be worked upon so that this tax system does not have a negative impact in the long run. The […]