The proposals for FDI in India are processed according to the standard operating procedure (SOP) devised by the Department for the promotion of Industry and internal trade (DPIIT). Following are the stages which are there in FDI approval process: APPLICATION SUBMISSION: Preliminary stage to initiate a process of FDI in India is to submit the […]
Author: CA Sakshi Agarwal
Chartered Accountant by profession, CA Sakshi Agarwal has an experience of above11 years in Cross Border compliance , Import Export , International Taxation & is a passionate content creator.
TAX AUDIT LIMIT FOR BUSINESS/PROFESSION IN INDIA
According to Section 44AB, Income tax act 1961 (As amended by finance act, 2017) accounts of persons carrying business/profession need to be audited. Every person carrying on: – Business Total sales/Turnover/Gross receipts exceeds INR 1 Crore in any previous year. Profession Gross receipts exceeds INR 50 lacs in any previous year. Business (Section 44AE Section […]
POPULAR CHARTERED ACCOUNTANTS (CA) SERVICE PLATFORMS IN INDIA
Whether you are an individual or a company, planning for your tax liabilities is a necessity. A rational tax advisor is a certified Chartered Accountant by ICAI. A good tax advisor can save you a considerable amount of funds in your pocket. They have the proficiency to understand the complex Direct Tax & Indirect Tax […]
WHAT IS MSME/UDYOG AADHAAR REGISTRATION FEES & PROCESS?
NO FEES is being charged by anyone, whosoever wants to register their organization under MSME Act, 2006. Udyog Aadhaar or MSME Registration is made free by the Government of India since 2016. You can visit the Udyog Aadhaar website and directly get your MSME registration done without paying for it. MICRO, SMALL & MEDIUM ENTERPRISES (MSME): […]
ATTACH YOUR CAR WITH OLA TO START A BUSINESS
Nowadays, the service industry is not only the fastest-growing but it is also having one of the largest contributions in India’s GDP (28% appx). It is not only dominant in India GDP, but it also brings in a considerable amount of foreign investment and also provides large scale employment opportunities. One of the most trending […]
YOUR PAN CARD MIGHT BECOME INOPERATIVE FROM 01, JANUARY, 2020
31st December 2019 is the last date to link PAN-AADHAR after which your PAN will become “inoperative”. Earlier the rule was that if you fail to link PAN-AADHAR then your cwill become “invalid” i.e. you never had a PAN. However, the Government is yet to define the meaning of being “inoperative”. In the recent budget […]
How to File TDS return Online and when is the right Time to file?
TDS is abbreviation of Tax Deducted at Source. TDS filing is one of strategy utilized for gathering income tax in India. It is administered under the Indian Income Tax Act 1961 and overseen by Central Board of Direct Taxes (CBDT). Under this demonstration, any installment secured under these arrangements will be paid in the wake […]
Cash Withdrawal of above 1 crore? Deduct TDS under section 194N from Sep 1, 2019.
The objective of introducing Section 194N by government in the Union Budget 2019 of July 2019 is to discourage cash transactions in the country and promote the digital transaction in India or promote less cash economy. ‘Section 194N –TDS on cash withdrawals over and above Rs 1 crore’ has been introduced through the Finance Bill, 2019. […]
Private Limited Company
A private limited company is an organization which is secretly held for independent ventures/company. The obligation of the individuals from a Private Limited Company is constrained to the measure of offers separately held by them. All the information about Private Limited Company is talked about in the article. Area 2(68) of Companies Act, 2013 characterizes […]
Seven Steps for Private Limited Company Registration in Delhi
Private Limited Company is the most popular and prominent type of corporate legal entity in India. The Ministry of Corporate Affairs, the Companies Act, 2013 and the Companies Incorporation Rules, 2014 regulate private limited company registration. A least two shareholders and two directors are required to register a private limited company. While a corporate legal […]