Best of luck with your entrepreneurial journey What we'll talk about in this blog: ? Know the Fundamentals of an LLP ? LLP Registration Process Selecting the appropriate legal structure is a crucial first step in starting your ideal company. Entrepreneurs seeking an adapt...
A tax based on an individual's or an entity's earnings is known as income tax. The government imposes a direct tax on a variety of income streams, including but not limited to wages, salaries, self-employment profits, interest, dividends, capital gains, and rental income. Income tax is inten...
In recent years, a business startup ecosystem has developed in India, with entrepreneurs launching cutting-edge enterprises in a variety of industries. Startups should be aware of the importance of business registration even while they concentrate on product development, client acquisition, and grow...
Even if one's income is not taxable, filing income tax returns is a necessary obligation for everyone. No matter your income level, even though it may initially seem needless, filing income tax returns is imperative for several compelling reasons. The main justifications for filing income tax re...
Cryptocurrency is a digital or virtual type of currency that works independently of any central authority, such as a government or financial institution, and employs cryptography for security. It is built on blockchain technology, which is a distributed ledger that records all transactions over a ne...
In India, businesses engaged in the supply of goods or services with an annual turnover of Rs. 40 lakhs or more (GST registration limit is Rupees 20 lakhs or more for businesses in special category states) are required for GST registration (Registration of Goods and Services Tax). GST o...
Online CAs, or Chartered Accountants, are playing a crucial role in transforming the tax filing process in India. With the increasing adoption of technology, online CAs are leveraging digital tools and platforms to make the tax filing process more efficient and convenient for taxpayers. With the adv...
One Person Company (OPC) in India is a new type of business structure where a single person can incorporate a company and become its sole director and shareholder. OPC was introduced in India through the Companies Act, 2013, to provide a simpler and more flexible business structure for entrepreneur...
Tax Calculator: Download it from here- https://drive.google.com/drive/folders/1sPhGtbd1SsL3xMfEK8Kn5dkhaRHPzr1Y Currently, there are two income tax slabs from which a salaried individual has to choose one every year. The income tax rates for these slabs are different. The old income tax regime...
After Startup registration, it?s necessary to ensure that a startup company adheres to all relevant laws, regulations, and industry standards in order to operate legally and responsibly. Compliance is a critical aspect of running a startup, as failure to comply with applicable rules and regulations ...