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Directing India’s regulatory maze can be tough, especially for startups. One key step post-LLP registration, subsidiary setup, or One Person Company formation is GST registration. For approval, it’s essential to link your business bank account with your GST profile. Without this, your GST application may face delays or rejection. This is also crucial for businesses registering on the Government e-Marketplace (GeM). In this article, we’ll guide you on linking your bank account to GST, why it matt

Who Needs GST Registration: GST Limits & Rules

In India, the Goods and Services Tax (GST) is a complete indirect tax levied on the manufacture, sale, and consumption of goods and services. Every business, from startups to established corporations, must understand the GST Registration process, including the criteria, fees, documents required, and the cancellation process. This guide provides detailed insights into who needs GST Registration, the applicable limits, and essential rules for complianc

The Goods and Services Tax (GST) is a unified taxation system in India that replaced multiple indirect taxes, streamlining the tax structure. Every business that registers under GST receives a GST registration certificate, which serves as official proof of registration. This document is crucial for legal and business compliance, as it allows businesses to legally collect GST from customers and file returns. Additionally, it enables businesses to claim Input Tax Credit (ITC), reducing their overa

A Limited Liability Partnership (LLP) is a business structure that combines the flexibility of a partnership with the benefits of limited liability, making it an attractive option for many entrepreneurs. It allows business owners to limit their personal liability while maintaining the flexibility of a partnership. The LLP Registration process in India ensures that businesses are legally recognized and comply with the regulations set forth by the Ministry of Corporate Affairs (MCA). This article