Generate Income Tax Form 16 for Salaried Person

Form 16 is issued under Section 203 of the Income Tax Act 1961 to salaried individuals by their employers. It is in the form of a document which contains the breakup of the entire salary details of the individual for a particular financial year and the tax liability that has been deducted from the salary. […]

What are the Relaxations that Start-Ups Can Get Via Private Limited Company Registration

Of all the options of business entities available under the Companies Act, 2013, the option of Private Limited Company has become the most opted one by the entrepreneurs. Primarily, this has happened because of the freedom that has been given to the Private Limited Companies under the Companies Act, 2013. Under the old Companies Act, […]

Benefits of Private Companies Over Public Limited Companies

When commencing a business, businessmen have multiple choices as to the kind of business entity that they can form. The Indian Company Law gives options including Private Limited Company, Public Limited Company, LLPs, Sole Proprietorships, etc. A businessman can form an entity as per the amount to be invested, a number of members, the burden […]

Official GST Number search by PAN or Name | Know Your GST

Goods & Service Tax Identification Number (GSTIN) is a unique identification number allotted to business enterprises and taxpayers when they get themselves registered under the Goods & Services Act. It’s a state-specific number consisting of 15 digits. These 15 digits are comprised of the ten digits PAN no. of the enterprise or individual, two digit […]

GST On Travel Agents and Tour Operators

We are well aware that GST is levied on the supply of goods and services. And hence, travel agencies are no exception. Therefore, GST on Travel Agents and Tour Operators are also imposed since they offer travelling services to the people. In this blog, we will educate you about the GST on Travel Agents as […]

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Rules Regarding Maximum Shareholding in a Private Company

The Companies Act 2013 of Indian constitution comes with the definition of private limited company. It says that private companies are companies which are restricted in regard of transferability of its shares. Basically, the law prevents large share subscription from public for such companies. This is actually the major difference between public companies and private […]

Invoicing for GST in India – Invoice Format, Bill of Supply, Time limits

Before we proceed with Invoicing of GST, it’s highly crucial to understand a few terms such as invoice, types of GST invoice, bill of supply, etc. So, let’s first start with the definition of the Invoice. What is Invoice? The term invoice can be termed as a commercial document which is issued by the seller or […]

Why is BIS Certification for Mail Processing Machines required?

Nowadays, the first and most important things people look for in any product are its authenticities and high quality. Rest of the criteria are secondary. Hence, to ensure the product holds a certain standard and has impeccable quality, BIS certification is a must-have thing. Therefore, if you deal in Mail Processing Machines or Postage Machines […]

Tax Slab Rate & Deductions Applicable For Individuals for FY 2019 – 2020

The central authorities of all countries follow a certain tax structure that helps the government to collect revenue. Therefore, every country has a unique Tax Slab Rate. Moreover, people, from all walks of life, fall under the tax structure whether earning NIL or in lakhs or more than that. If you are associated with a […]

Enhanced Operational Flexibilities to Offshore Parent MNC in the Indian Derivative Market

A financial derivative is an agreement between different parties (two or more in number) and its value is calculated or derived from an underlying group of financial assets or a single asset. These underlying assets are instruments like market indexes, interest rates, currencies, bonds, stocks and commodities. A brief history about the evolvement of the […]

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