Manage Start Up
Features of Best Cloud Based Accounting Software
To many, the term "cloud" may feel overused and a little worn out at this point. In reality, the cloud has never been more relevant for SMBs, particularly in the area of accounting. In simple terms, "the cloud" or "cloud computing" refers to the ...
Checklist for Incorporation of Foreign Subsidiary in India
Incorporation of Foreign Subsidiary Part B of the SPICe+ form deals with the incorporation of the company. On choosing to proceed after completion of Part A then only incorporation proceedings will start. SPICe+ form contains various columns which ...
Foreign subsidiary under companies act 2013
A foreign subsidiary is an overseas company owned or controlled by a larger enterprise based in another country. Foreign subsidiaries are separate legal entities and must comply with the local jurisdiction law. They’re also responsible for their ...
Foreign Subsidiary of Indian Company
The Companies that are incorporated outside India are known as Foreign Companies. Foreign Company Registration in India There are the following options available for foreign company registration in India. A foreign company planning to set up ...
Investment options for tax saving
As the famous saying goes ‘ A penny saved is a penny earned ‘. Tax planning is one of the ways which can help you save on taxes and increase your income. The income tax act provides deductions for various investments, savings, and expenditures ...
Foreign Subsidiary of Indian Company under Companies Act 2013
Just like all companies and firms located in India and run and managed by Indian entrepreneurs and entities, the subsidiaries of the foreign nationals and companies active anywhere in India are also compulsorily required to make perfect and punctual ...
What is the trademark objection reply fees?
There are wide range of reply filing under trademark and for each kind there is a different Trademark Objection Reply fees. We are providing one point solution to all your Intellectual Property Related matters. All these Trademark Objection Reply ...
How much TDS on Sale of Property for NRI
Tax Implications for NRIs Who Want to Sell Property in India There is a fair amount of confusion about tax implication for NRIs who want to sell any house property that they may have in India. This article explores how much tax is payable and TDS ...
Indian Company having Foreign Subsidiary
All companies established in India must follow the rules and regulations set up by the government. This is in effect, regardless of whether Indian or Foreign entities or citizens own the companies. The only difference between the two is that ...
TDS on Sale of Property by NRI Form 27Q
Form 27Q – NRI TDS Returns Form 27Q is a TDS Return or Statement containing details of Tax Deducted at Source (TDS) deducted on payments other than salary made to Non-Resident Indian (NRI) and foreigners. Form 27Q is required to furnish on a ...
TDS on Sale of Property in case of Joint Sellers
TDS on Sale of Property in case of Joint Sellers Generally, most people buy immovable properties in joint names of more than one person, for various reasons, including funding for the property and smooth succession. We examine the provisions for ...
Startup India registration certificate
The Startup India scheme is becoming very popular day by day in India, It helps to develop the Indian economy and also attract skilled entrepreneurs and businessmen. The Government of India started this program under the leadership of PM Narendra ...
Startup India Registration Process
Ever since the Prime Minister of the country, Narendra Modi, launched the Startup India program, there has been an incredible surge in the number of startups coming up. With tax exemptions, benefits and help provided by the government, more and more ...
Startup India Registration for Proprietorship
Sole Proprietorship is the easiest form of business done in India since it isn’t governed by any specific laws. Under sole proprietorship’s, the compliance’s are minimal and easy to fulfil. Sole Proprietorship means a business carried on by one ...
Mandatory Compliances for Private Limited Company
Mandatory Compliances for Private Limited Company Although Private Limited Company is the most popular form of starting a business, there are various compliances which are required to be followed once your business is incorporated. Managing the day ...
How to save tax for salary above 20 lakhs
The income tax provision is applicable to all the individuals who have been eligible to the income tax bracket as decided by the government of India. The income tax slab starts from INR 5 lakh for individuals having income on a yearly basis. There ...
Startup India Registration Consultants
Start-up India Scheme is a flagship initiative of the Government of India, intended to build a strong eco-system for nurturing innovation and Start-ups in the country that will drive sustainable economic growth and generate large scale employment ...
How to Get Startup India Certificate
Step 1: Incorporate your Business You must first incorporate your business as a Private Limited Company or a Partnership firm or a Limited Liability Partnership. You have to follow all the normal procedures for registration of any business like ...
All about Anand Rathi's Wealth
Anand Rathi Wealth IPO might hit the market on December 02, 2021, and close on December 06, 2021. Anand Rathi Wealth IPO to raise around ₹660 crores via IPO that comprises the new issue of ₹- crores and offer for sale up to 12,000,000 equity shares ...
Tega Industries Limited Initial Public Offering
On Friday, Tega Industries, manufacturer of consumables for the mining industry, said it had fixed a price band of Rs 443-453 a share for its Rs 619-crore initial share sale. The three-day initial public offering (IPO) will open on December 1 and ...
DTAA Agreement between Canada & India
I. Scope of the Agreement Article 1 - Personal Scope This Agreement shall apply to persons who are residents of one or both of the Contracting States. Article 2 - Taxes Covered 1. This Agreement shall apply to taxes on income and on capital imposed ...
Prudent Corporate Advisory IPO Details
Let's have a detailed review of the Company and analytics of the Prudent Corporate Advisory IPO release date, IPO offer price, subscription, Prudent Corporate Advisory Services IPO allotment, grey market price, and other details like the Company's ...
Can we Revise a Tax Audit Report in India?
Tax audit is a cross-examination of the books of accounts of the taxpayer by a practicing Chartered Accountant under the Income Tax Act 1961. Section 44AB deals with the conditions under which Tax audit becomes mandatory for some taxpayers. The ...
What happens when TDS is not deposited by deductor?
All employers must deduct tax at source or TDS from their employees’ salary and deposit the TDS with the income tax department through their Tax Account Number (TAN). Further, all employers should file TDS returns of the salary payments. However, ...
Rakesh Jhunjhunwala's Star Health IPO
Star Health IPO: Ace investor Rakesh Jhunjhunwala-backed company Star Health and Allied Insurance Company will float their initial public offer or IPO on November 30, next week. The maiden public offer for Star Health will close after a three-day ...
Consequences of TDS deducted but not deposited by deductor
Tax Deducted at Source (TDS) is an indirect method of collecting Income Tax. Payer has to deduct tax at source and deposit TDS online with the Income Tax Department within a specified due date and file TDS Return. If TDS is deducted but not deposited ...
Regulation of Crypto Currency in India
Thanks to the advertisements, cryptocurrency is a household word these days, especially during the T20 World Cup this year. I am sure most millennials would have heard about it, and most boomers might be confusing understanding it. According to one ...
MedPlus Health Services IPO – Company Overview
Let’s have a detailed review of the Company and analytics of the MedPlus Health Services IPO release date, IPO offer price, subscription, MedPlus Health Services Limited IPO allotment, grey market price, and other details like the Company’s ...
The Revision of Tax Audit Reports
Tax audit is a cross-examination of the books of accounts of the taxpayer by a practicing Chartered Accountant under the Income Tax Act 1961. Section 44AB deals with the conditions under which Tax audit becomes mandatory for some taxpayers. The ...
SALES, TURNOVER & GROSS RECEIPTS UNDER AUDIT
TURNOVER The initial test is to see if the total sales, turnover or gross receipts in business or profession during the previous year, as the case may be exceed the prescribed limit under section 44AB. However, the term “sales”, “turnover” or “gross ...
TDS Challan Correction Procedure – Offline , Online in Traces
Now that you have paid tax deducted to the account of the Central Government, what if there is any inadvertent mistake while making payment, such as choosing the wrong assessment year, choosing an incorrect primary head code, entering the wrong ...
What is Road Tax & Toll Tax in India?
All state and national highways in India belong to the government, and road tax is applicable to all those who use them. The taxes collected are used to maintain the roads so that drivers and riders have no issues on the road. In India, every highway ...
Roles & Responsibilities of Virtual CEO
Virtual CEO is not a new term anymore. It is heard and even searched to a great extent by various small, medium and even large organization. Contractual hiring has been gaining momentum as organizations brace themselves for the new normal which was ...
How To Dissolve a Partnership Firm
How To Dissolve a Partnership Firm Dissolving a partnership firm means discontinuing the business under the name of the said partnership firm. In this case, all liabilities are finally settled by Dissolve a Partnership Firm selling off assets or ...
Benami Property Act: Practical Analysis of the Act
The amendment in 2016 of the original Benami Act created a sudden storm in the nation, bringing about a lot of curiosity in people. Many people are worried about the impact of the Act on their property and its possible outcomes. In this article, we ...
Procedure for online correction of Form 26QB for TDS on Property
Form 26QB is a consolidated form that must file for the deposit of TDS on Property. This form is required to be filed within 30 days from the end of the month in which the payment for the purchase of property has been made. Earlier, there was no ...
New TCS Provision under Section 206C
A new section 206C (1H) was introduced by Finance Act 2020 to extend the TCS provisions to the seller of goods. As per this provision, a seller must deduct tax at the source on the sale of goods if the aggregate value of such sale exceeds Rs.50 lakh ...
Guide for Uploading TDS Returns on the New Income Tax Portal
Sometimes navigating and uploading a TDS return on the TRACES portal can be difficult for some of the taxpayers. Complying with the data procedure too has been found tedious by many. Therefore, to ease the process the income tax department has ...
Section - 194A TDS on Interest other than Interest on Securities
Section 194A deals with deduction of TDS on interest other than interest on securities like Interest on Fixed Deposits, Interest on Loans and Advances other than banks. CBDT issued a circular on 25th June 21 extending some timelines for AY 21-22 (i) ...
Section 194E TDS Payments to NR Sportsmen
India’s love for cricket can’t be defined by a single ‘word’. Whenever there is any cricket match involving the Indian team or IPL, the madness is visible. But have you ever wondered how many foreign players like Angelo Mathews, David Warner, etc., ...
Next page