Khushboo Priya

Khushboo Priya

Khushboo Priya is an experienced Legal content writer with a prodigious proof-reading and research & development skill.

Tax Audit under Section 44AB of the Income Tax Act, 1961

Tax audit is a mandatory inspection done by the practicing Chartered Accountant to ensure the details of the income provided by the taxpayer are accurate. As per Section 44AB of the Income Tax Act, 1961, the tax audit of an entity is imperative. If any business or professional under certain prescribed categories don’t undergo the […]

Annual General Meeting (AGM): An Obligatory Compliance for Companies

Annual General Meeting, commonly known as AGM, is a mandatory yearly compliance requirement that every company needs to follow.  In the case, any company fails to conduct the AGM, it will be considered as default. As a result, the company would be subject to a hefty penalty. Therefore, it is imperative for every company to […]

NBFC Registration Fees in India: Reasons why it is so high

One of the biggest ordeals for every NBFC owner is the NBFC registration fees. Undoubtedly, the NBFC fee is quite high, and hence, everybody intending to register their business as NBFC has to pay the required amount. Now, you might be thinking, what makes it so expensive? The answer is- the complicated registration process and […]

Valuation of GST on MRP products

Eventually, the aim of ‘One Nation, One Tax’ regime turned into reality when GST, the much-anticipated tax, came into effect on 1st July 2017. As a result, the whole tax structure on the supply of goods and services got revised. All indirect taxes combined to become one tax currently known as GST .i.e., Goods and […]

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CGST, SGST, and IGST: Understanding the difference

Goods and Services Tax, is one of the most reforming tax schemes ever introduced in the Indian economy and constitution. The reason why GST is the most-talked taxes is that it has replaced all the indirect taxes levied on the supply of goods and services. With the introduction of GST, there have been many changes […]

A Precise Guide on OPC Compliance Requirements and Checklist

One Person Company, shortly known as OPC, is a kind of company established under the Companies Act, 2013 for the purpose of enabling a solo Entrepreneur to begin and manage the limited liability entity. The main purpose of the OPC establishment is to support lone individual Enterprises. Typically, OPCs have a low turnover when compared […]

How to set up a Mineral Water Plant in India

With the reduction of purified natural water, the need for setting up a mineral water plant in India is increasing every year. Therefore, people who intend to set up a Mineral Water Plant is assuredly going to garner a huge income if he/she makes an insightful approach and has a robust business plan. Along with, […]

Mandatory ROC compliances that every company must follow

It is a well-known fact that Private Limited Company is a highly preferred mode of starting any kind of business. There are a few mandatory ROC compliances that companies are required to follow properly once the company is incorporated. Private limited companies actually fall under the Companies Act 2013. Hence, it needs to follow all […]

MCA’s latest update: Conversion of Public Company into Private Company

While filing e-form RD-1, for Conversion of Public Company into Private Company and change in a financial year, stakeholders faced certain difficulties. Hence, the stakeholders escalated the matter to the Ministry of Corporate Affairs (MCA) [1] . As a result, MCA came up with the specified solution and issued a notification on 11th March 2019. […]

Trademark Opposition Procedure in India

Trademark registration is the process of registering a company’s logo, brand name, etc. to secure legal protection against its use by the others. But it is not necessary that the trademark that you applied for will surely get selected. There are two circumstances wherein the concerned authority will refuse to register the trademark. Firstly, it’s […]

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