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A very common term in the business universe, ‘Company’ and ‘Body Corporate‘ hold the ground by means of distinct definitions and practical use under corporate law. Since many entrepreneurs, legal professionals, and practicing professionals dealing with matters relating to Trademark, ITR Filing, GST, and Company Registration make a mistake between Company and Body Corporate, this … Read more
Employee welfare and social security are some of the significant aspects of running a business in India. To meet this objective, the Government of India has initiated two specific schemes. First, Employees’ State Insurance, and second, the Provident Fund. These plans provide the employees with medical and financial security benefits.The ESI scheme offers medical benefits, … Read more
In today’s computerized age, the nourishment industry has developed apart, bringing the to take-after nourishment security rules. FSSAI Registration online could be a must for businesses that make, store, disperse, or offer nourishment in India. Much appreciated to online choices, getting FSSAI Registration is presently simpler and requires less printed material. This article clarifies what … Read more
One of the most common choices for entrepreneurs who want flexibility and shared responsibility is a partnership-based startup. This guide will walk you through the step-by-step process of How to register a partnership-based startup in India while addressing key considerations like trademark, GST, ITR filing, and Company Registration. Step 1: Understand the Concept of a … Read more
For Sartup founders, business owners, and those dealing with legal or financial matters, it is important to know the terms Corporation and Incorporation. Even though they may seem like synonyms, these words bring out two different ideas in business law. This article deals with the Difference between corporation and incorporation while incorporating necessary topics such … Read more
When a person starts to build a business is exciting, but handling the business and all the legal and regulatory steps can feel overwhelming. If you’re an individual entrepreneur looking for a simple and effective way to handle your business, One-Person Company Registration (OPC Registration) might be the perfect option. It offers the benefits of … Read more
The Company Registration Number is a unique number assigned to a business at the time of its registration with the concerned government authorities. It is crucial for several business operations and legal procedures. Being an entrepreneur, investor, or simply someone who wants to check whether a business is genuine or not, they need to know … Read more
Businesses in India are mostly run by a single owner or entity that is operating from different locations or in various industries. It is therefore very important to understand how to add multiple businesses under the same GST number, in order to achieve smooth tax compliance and proper business operation. This article details the process, … Read more
We understand you may find filing for IT returns burdensome, especially if you are young and have barely filed a couple of IT returns. But its benefits are far more than the labor involved in filing it. Also, it is the duty of all the responsible citizens of the country. The income tax laws state … Read more
Value-Added Tax (VAT) is an indirect tax on goods and services applied at each stage of production, ultimately paid by consumers. It varies by state in India, with different rates for essential items (0%), precious goods (1%), basic consumables (4-5%), and general items (12-15%). VAT is calculated as the difference between output and input taxes. … Read more