Government of India has been making tremendous efforts in clearing backlogs/disputes/appeals under direct and indirect taxes which has resulted in the launched settlement schemes under Direct Tax (Vivaad Se Vishwas Scheme) & Indirect tax (Sabka Vishwas Scheme). On the similar lines, MCA i.e Ministry has come up with the scheme called Companies Fresh Start Scheme …
The introduction of the products and Services Tax was one among the foremost significant and most fundamental changes within the Indian taxation system since Independence. Further, it brought an outsized sort of taxes under one umbrella and helped simplify the method of taxation. The GST effectively replaced the older versions of the Central and State …
A booming out-pour of Startups in India is the recent trendsetter. Recently, we have witnessed many low and high profile Start-Ups landing up in the Court of law fighting legal battles and sabotaging their reputation publicly. In order to avoid such mistakes, here are “quick tips” that a Start-Up must do to avoid such ugly …
WHAT IS ESOP? Employee Stock option Plan (ESOP) are often defined as Employee Benefit Plan, designed for the long-term benefits of the workers of the Organization by providing them with an choice to participate within the equity ownership of the Organization by paying minimal amount of consideration. WHY ESOP? Employees are the core strength of …
Trademarks act as an efficient communication tool A trademark has the power to convey attributes of emotions and intelligence and convey positive messages about the brand to the overall public. It also conveys a positive image for your company’s brand. Protects your brand Your trademark doesn’t need to be a word always; it also can …
Over the last decade, many strong economic reforms are implemented by the govt of India. The introduction of GST and investor-friendly laws helped many industries to extend profit and for several to sustain. These favorable conditions are making India stand firmly during these critical financial conditions worldwide. Following are the ten leading industries in India, …
Limited Liability Partnerships (LLP) are emerging ever since the introduction of the Companies Act, 2013 as it is a form of business entity, which allows individual partners to be free from the concept of joint liability of partners in a partnership firm. LLP offers nearly all the benefits of a private limited company, with none …
How to Set up Project Office in India? The foreign company who wants to execute e project in India and that they will have a presence for limited period of your time . Generally foreign companies engaged in turnkey construction or installation found out a project office in India Foreign entities who are rewarded a …
Here are a number of the main benefits of filing tax Return: Loans and credits: In order to urge a loan, one should have the tax Returns for the last three years. All banks and lending institutions invite a minimum of three years of tax Returns to grant a loan to a private . At …
What activities can a branch office perform in India? The branch office are often opened by any foreign company. The activities it can undertake are mentioned below: Export/Import of products Rendering consultancy services Carrying out research work, during which the foreign parent company is engaged. Promoting technical or financial collaborations between Indian companies and parent …