Goods and Services Tax, commonly known as GST, is implemented in India as an indirect tax procedure to replace multiple indirect taxes levied by the state and central governments. GST return filing is vital to complying with the GST regulations. The following blog presents a comprehensive overview of GST return filing…
Navigating the complex landscape of the Goods and Services Tax (GST) requires attention to detail and a thorough understanding of the various regulation frameworks. That is why working with GST return filing consultants during the GST filing process can be a strategic move. If you want to know why? Read…
A private limited company is primarily defined as a business entity owned by private stakeholders. Section 2 (68) of the Companies Act, 2013 says: "A Company holding a minimum paid-up share capital as may be prescribed, should stick to the following articles: (i) limits the number of its members to…
Startups are the lifeblood of innovation, bringing economic well-being and pushing boundaries in various industries. Amidst the exhilarating journey of launching a new venture, legal considerations often take a back seat. However, Limited Liability Partnership (LLP) registration is a pivotal aspect that demands early attention. This blog investigates the significance…
Introduction to Rule 86B In the CGST Rules 2017, the central government has added a new rule termed Rule 86B to curb fake invoice transactions. This Rule imposes restrictions on the use of ITC (Input Tax Credit) to discharge liability towards output tax. It means that the taxpayer must pay…
The MOA, primarily known as the Memorandum of Association, is a crucial legal document that predominantly states a company's fundamental details, objectives and structure. The company's operations find a foundation through its MOA and also offer essential information to the stakeholders. With careful consideration, sound planning, and attention to minute…
In the ever-evolving landscape of business, financial management stands as a critical pillar for success. regardless of the size or nature of your enterprise, managing your finances effectively can be the difference between thriving and struggling. This is where chartered accountant firms in Mumbai (CA) firm steps in, offering expertise…
PTEC full form Professional enrollment certificate is an essential requirement to maintain smooth functioning of the business complying with legalities of respective states. PTEC applicability is a tax levied on companies as entities and their authority's remuneration. Acquiring a Professional tax enrollment certificate allows paying professional tax of a business…
Limited Liability Partnership is a form of partnership in a business enterprise where all the members have limited liabilities. No single partner is solely responsible for losses or misconduct of other partners. It has become the preferred form of organization among entrepreneurs because it incorporates the benefits of both a…