In India, a Limited Liability Partnership company requires obtaining registration of Goods and Services Tax. It ensures that the firm is in compliance with the laws and availed with a single tax. This section deals with why, how, and what benefits an LLP gets from GST registration. what is an LLP? An LLP is a crossbreed … Read more
MSMEs are the backbone of the Indian economy. They contribute to GDP growth and create employment for the country. MSME registration can avail a number of benefits including but not limited to government schemes, loans, and grants. But it is a very difficult process. This article highlights the key challenges that companies face while registering … Read more
There are a number of changes in GST compliance that India will be set to face once it reaches 2025, and the areas of focus include security, process simplification, and total compliance by businesses. Understanding these changes would prove very important for businesses, thereby enabling them to adjust themselves effectively and maintain GST Compliance with … Read more
Micro, Small, and Medium Enterprises are the pillars of the Indian economy. MSMEs contribute largely towards employment, GDP growth, and export enhancement. Empowering MSMEs requires the Government of India to provide numerous benefits through the MSME Development Act. However, to take all these benefits, businesses first have to go through the process of MSME registration. … 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
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