Section 80TTA of the Income Tax Act, 1961 provides a deduction of up to Rs 10,000 on the income earned from interest on savings made in a bank, co-operative society or post office. It applies to all individuals and…
What is Belated Return? A belated return is a return that is filed after the due date specified in the income tax act. It can be filed at any time before the end of the relevant assessment year or before the…
It is important for individuals, businesses, and various other entities to file their income tax returns before due date. ITR filing on the due date is essential to comply with tax laws, avoid penalties, claim timely refunds, maintain accurate financial…
When beginning a company, you must decide what form of Company you want to register. Companies are of various types which includes One Person Company, Private Limited Company, Public Limited Company, Limited Liability Partnership etc. OPC and Private Limited Company are two…
Directors are an important part of the company for running the operation and for the growth of the company as the director takes the major decision for the development of the company. The main focus of the directors in promoting the…
A logo is a symbol made up of text and images that identifies a business. The logo may be a design by itself, a design with letters or words, or a design consisting simply of stylized words or letters. Your customers…
GST registration is a process by which a taxpayer gets himself registered under GST. Once a business is successfully registered, a unique registration 15-digit number is assigned to them known as the Goods and Services Tax Identification Number (GSTIN). GST registration’s…
The documents required depend on the kind of business, constitution, or nature of activities carried out by the entity or type of GST registration process. For example, a sole proprietor/ individual, a partnership firm, and a company must procure different…
What is GST? GST is known as the Goods and Services Tax. It is levied by the government to replace many indirect taxes in India such as the excise duty, VAT, services tax, etc. GST was passed in the Parliament…
A sole proprietorship is one of the most common and oldest forms of business in India. It is a single-person establishment wherein an individual owns, manages, controls, implements, and executes his/her business on their own. A sole proprietorship does not…