gst (8)

GST is mandatory for all who are involved in the buying or selling or providing of services anywhere in the country in India, with annual aggregate turnover over Rs 40 lakhs (20 lakhs for north-eastern states) is required to obtain GST registration. To register for GST, you require GST registration documents.

The documents required for GST registration are as follows:


(Private and Public) Company

Aadhaar of All Directors
PAN Card of Company
Address Proof
Bank Account Details
Photograph of the owne

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1) What is Succession Certificate?

A Succession Certificate establishes who the legal heirs are and the authenticity of the successor. It is a Certificate given to the successor of a deceased person who dies without leaving a will. The list of debts, securities, and assets of the deceased is mentioned. It indicates the relation of the petitioner with the deceased. Along with providing details of other surviving legal heirs and that the deceased died intestate. And the information about the time,

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Overview

TDS or Tax Deducted at Source is the tax that is deducted at the source of income of a person. During the union budget every year, the revised rates are announced. There are a number of rates for different nature of income falling under different heads. This could vary from 1%-30%. 

Aim of TDS

The main aim of TDS is to deduct the income at the very source and remit the deducted amount to the central government’s account. Furthermore, the person from whose account this amount is deducted is

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The Indian household charge laws have expressed that every one of the salaries produced or emerging in India, paying little heed to it being straightforwardly or by implication earned, through or from any business association in India will be esteemed to gather or emerge in India itself. In more straightforward terms, any pay acquired from a business by Non-Residents of India is assessable in India if the said individual has a business association in the nation. This article discusses the Busine

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Benefits of Forming a Corporation

Regardless of whether you are simply beginning your business or you have just been working as a sole proprietorship or general association, you might ponder about the advantages of shaping your business as an enterprise. Frequently, entrepreneurs believe that incorporation is excessively expensive or too tedious, nor is the situation.

The advantages entrepreneurs gain by shaping their business as an enterprise normally exceed any apparent impediments. These advantages are, much of the time, inacc

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The Big Buyout

May 10, 2018, brought a wave of joy, excitement, and buzz for a little Bengaluru based company named Flipkart maybe you have heard about them somewhere. The news of a $16 billion acquisition of the e-commerce brand by Walmart, world's biggest retailer, echoed all over India. This deal solidified the stance of Walmart in India by becoming the country's largest acquisition deal and also the world's largest purchase of an e-commerce company. That is quite a statement and a signal of t

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GST: Good for Taxpayers, Bad For Government?

Many might be unaware, but the idea of implementing GST in India was introduced under the leadership of the Late Shri Atal Bihari Vajpayee. He appointed an Empowered Committee(EC) in the year 2000, and the committee was tasked with drafting the GST laws. Their and several other's efforts combined finally came to fruition in the year 2017 with the adoption of the Good and Services Tax(GST) Act, 2017. Following the 1st of July, 2017, GST has been in full operation and it seems to have restored ord

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Proposed Changes in GST Form

August 7th Tuesday, the Lok Sabha passed 4 new bills in an attempt to GST procedures with a focus on empowering the MSME(Micro, Small and Medium Enterprises) sector. The government is also targeting to plug loopholes in existing laws and lightening ROC compliances requirements described as ‘complex’ by many a business owners. The new return filing system is expected to be put in place by the revenue department by January 2019 and would actively replace the current GSTR-3B and GSTR-1 returns.

In a

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