A Partnership is one of the most important forms of a business organization, where two or more people come together to form a business and divide the profits thereof in an agreed ratio. A Partnership is easy to form, and the compliance is minimal as compared to companies. It does not required minimum capital thus it can be started with 10,000 as capital.
By Abhay Singh | February 27th, 2020
MSME stands for Micro, Small and Medium Enterprises. Micro, Small and Medium sized enterprises in both the manufacturing and service sector can obtain MSME Registration under the MSMED Act. It is also known as Udyog Aadhar registration.
By Abhay Singh | February 27th, 2020
EC stands for Import Export Code. Import Export (IE) Code is a registration required for persons importing or exporting goods and services from India. IE Code is issued by the Directorate General of Foreign Trade (DGFT), Ministry of Commerce and Industries, Government of India.
By Company Salahkar Team | February 27th, 2020
FSSAI registration is a mandatory compliance used to ensure the safety of food products and it is essentially a food safety certificate issued by the food authority in India. FSSAI License or FSSAI Registration is mandatory before starting any food business.
By Abhay Singh | February 27th, 2020
LLP refers to Limited liability partnership and is governed by Limited Liability Partnership Act 2008. Limited Liability partnership provides advantage of limited liability to its owners and at the same time requires minimal maintenance. The directors of a private limited company have limited liability to creditors. LLP required minimum 2 person as designated Partner. LLP has no restriction of minimum capital contribution.
By Abhay Singh | February 27th, 2020
An application is required to be made in e-Form 24 to the Registrar of Companies for Striking off the name of the LLP.
By Abhay Singh | February 27th, 2020
For a Limited Liability Partnership (LLP), the returns should be filed periodically for maintaining compliance and escape heavy penalty under the law for non-compliance.
By Abhay Singh | February 27th, 2020
It is mandatory to file income tax returns (ITR) in India if any of the conditions mentioned below are applicable to you.
By Abhay Singh | February 27th, 2020
Every firm / LLP are mandatory required to file their return of income for every year irrespective of their income
By Abhay Singh | February 27th, 2020
All companies registered in India are required to file income tax returns each year on or before September 30th. Under the Income Tax Act, company tax return filing falls under two categories, namely domestic company or foreign company.
By Abhay Singh | February 27th, 2020