Section- 2(13) of the CGST Act defines Audit as the examination of records, returns and other documents maintained or furnished by the registered person under the Act / rules made there under or under any other law for the time being in force to verify the correctness of turnover declared, taxes paid, refund claimed and input tax …
One of the most important part of business management is proper payroll distribution and bookkeeping. Payroll is not a simple calculation of salary and distribution, it is a lot more complex process . A businessman should concentrate on his/her company to maintain profit , success and increased revenue. That’s why a lot of business owners …
What is a trademark? The word, trademark means legally registered for representing a product or company . When competition is increasing, it becomes almost essential to differentiate your products or services from others. The strive to stay in the market makes one concerned about their product’s quality. Trademark Registration concept may be quite new for …
If you have paid or accrued foreign taxes in a country or specified territory outside India, by way of deduction or otherwise, in the year in which the income corresponding to such tax has been offered to tax or assessed to tax in India, you may be able to take either a credit or an …
In India, a non-profit organization can be registered as a Trust, by making a Trust deed or as a Section 8 Company, under the Companies Act, 2013. According Indian Companies Act, 2013, a section-8 company can be established for promoting commerce, art, science, sports, education, research, social welfare, religion, charity, protection of environment or any …
Any amount deducted from salary leaves wounds to our pockets. TDS deduction tends to happen when employee receives his salary.We would know how to check TDS online in this Blog. As a taxpayer’s , one should be thoughtful about these things : Employer should pay TDS instantly after receiving his salary? Is there any charge …
Fortunately, the new rules and regulations are easier when it comes to start-up a new business in India. Also, there are hassle free new company registration service providers available in India who take care of A to Z of forming and registration of the company. In this post, we will touch upon various forms of new …
When an outsider looks for startup business, the first thing they notice is the trademark. A trademark is the identity of a business lies. It is the name and symbol under which a business undertakes its trade and commerce, which represents the company. In India, trademarks are regulated by the Trade Marks Act of 1999. The …
There is a 100% tax exemption U/S 10A of the Income tax Act, 1961 with respect to the profits earned by the 100% Export Oriented Units up to 31-03-2009, registered with the software technology parks of India (STPI). The Documents for the application to the Software Technology Parks of India (STPI) to set up a …
The Registrar of Companies ( ROC ) is an office under the Ministry of Corporate Affairs (MCA), which is the body that deals with the administration of companies and Limited Liability Partnerships in India. At present, 22 Registrar of Companies (ROCs) is operating in all the major states. However, states like Tamil Nadu and Maharashtra, …