Income Tax Return (ITR) filing is a crucial process that every taxpayer needs to undertake every year. Filing the ITR accurately and within the due date is imperative to avoid penalties and legal consequences. However, mistakes can happen while filing the ITR, which can lead to errors in the tax calculation or incorrect disclosure of […]
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Entrepreneurship has always been a popular career option among those who want to be their own boss. However, when starting a business, choosing the right legal structure is crucial for the long-term success of the venture. Two popular options in India are sole proprietorship and one person company (OPC). In this article, we will discuss […]
Obtaining a drug license in Jaipur is a significant step for anyone who wants to start a pharmaceutical enterprises or deal with drugs and medicines in the city. Although, the procedure of obtaining a drug license can be typical one and time consuming as there are several legal and technical needs must be accomplished. In […]
Now-a-days various small-scale enterprises are running in India, and for their development government has launched NSIC (National Small Industries Corporation). It is a vital process for SMEs (Small and Medium-Sized Enterprises) in India. This article provides a step-by-step procedure for NSIC registration in India. The article outlines the eligibility criteria for NSIC registration, the documents […]
From saving the tax to serving to nation’s welfare, the perfect way of business is Non- Government Organization. This article will help you in clearing the concept of NGO with its advantages and registration procedure. The team of Legal Window would assist you further in case of any query regarding registration of NGO in Sikar. […]
Every Restaurant has prime motive to deliver the best services to their customer. Nowadays, food without Music sounds boring and hence music became essential ingredient to be present by restaurants for their customer. It causes an emergence of taking music license under the Copyright Act, 1957 to protect the rights of music album, singer, publisher […]
Food is one of the basic needs of human beings and ensuring its safety is paramount. With an increasing number of food-borne illnesses and health issues caused by adulteration, contamination, and other food safety concerns, it is important to have regulatory bodies that monitor and ensure the safety of the food supply chain. In India, […]
Non-Banking Financial Companies (NBFCs) play an important role in the Indian economy by providing a variety of financial services to individuals and businesses. However, to operate as an NBFC in India, companies must first obtain NBFC registration from the Reserve Bank of India (RBI). This process can be complex and time-consuming, and it’s important to […]
The meaning of the term “NIDHI” is a treasure and also a very common name of girls in India. While in legal terms there is no definition of a word NIDHI, so we adopted the general meaning. In recent years, Nidhi Companies have gained popularity as a form of micro-financing and savings institutions, particularly in […]
The Private Security Agencies Regulation Act (PSARA) is a regulatory framework in India that governs the operations of private security agencies. Private security agencies are required to obtain a PSARA license to operate legally and provide security services to clients. To obtain a PSARA license, private security agencies must fulfil certain eligibility criteria and submit […]
If you are passionate about food and eager to start your own business in Rajasthan, then you have landed on a correct page. Rajasthan is known for its rich cultural heritage and delicious cuisine, provides ample of opportunities for aspiring entrepreneurs in the food industry. However, like any other business venture, setting up a Food […]
Goods and Services Tax (GST) was implemented in India on July 1, 2017, under CGST Act, 2017 with the aim of simplifying the taxation system and reducing tax evasion. The implementation of GST has had a significant impact on various sectors of the Indian economy, including the banking and finance sector including Loans. The implementation […]
In today’s business world, the two most common forms of company registration are One Person Company (OPC) and Private Limited Company. Both OPC and Private Limited Company are incorporated under the Companies Act, 2013 and provide limited liability protection to their owners. However, there are some significant differences between these two company structures that entrepreneurs […]
Food safety is a critical aspect of the food industry, and it is essential to comply with the regulatory requirements of the Food Safety and Standards Authority of India (FSSAI) to ensure safe food for consumption. The FSSAI is the governing body that regulates and monitors the food industry in India. It mandates that all […]
Small and Medium Enterprises (SMEs) play a significant role in the growth of any economy. They contribute to employment generation, export promotion, and overall economic development. In India, the Ministry of Micro, Small and Medium Enterprises (MSME) have been established to promote, facilitate, and enhance the competitiveness of SMEs. MSME registration is crucial for availing […]
If you want to establish a Limited Partnership or an LLP in Sikar, you will discover all of the necessary procedures laid forth by the Registrar of Companies (RoC). You will also discover the step-by-step process for creating a Limited Liability Partnership (LLP) in Sikar, as well as other important information such as fees, required […]
We all have heard about SEBI from some source or other but are you acquainted with the powers and functions of SEBI and what is SEBI? The Securities and Exchange Board of India (SEBI) is the authority that is regulatory for overseeing the market securities in the country. It was established in 1988 as a […]
Section 12A of the Income Tax Act, 1961, provides for the exemption of income of NGOs that are registered under this section. Registration under Section 12A enhances the credibility of the organization and makes it eligible for various benefits such as exemption from income tax, eligibility for funding, and tax exemption for donors. With the […]
RERA (Real Estate Regulatory Authority) is a regulatory body established by the Government of India and the Real Estate (Regulation and Development) Act, 2016 (RERA) is a landmark legislation introduced by the Government of India to regulate the real estate sector and protect the interests of homebuyers. In Jaipur, the capital city of Rajasthan, RERA […]
Generally, we think that formation of companies is meant for earning profit, but that’s not true as there are certain companies, which primary objective is to promote charity, social welfare, scientific activities, art, commerce and non-profit organizations. These companies registered as per Section 8 of the Companies Act, 2013 and also known as Section 8 […]
Goods and Services Tax (GST) is a comprehensive indirect tax levied on the supply of goods and services in India. GST returns are periodic filings that registered businesses are required to submit the tax authorities, providing details of their inward and outward supplies, input tax credit (ITC) availed, and tax liability. GST Returns is a […]
Food Adulteration is a serious concern in worldwide, which can pose health risks to consumers. It is significant for consumers to make sure of their rights and know how to take actions, if they suspect or encounter adulterated food products. If you have reason to believe that the food you have purchased or consumed is […]
Are you aspiring to start your own company in Noida, one of the fast-growing cities in the National Capital Region (NCR) of India? Noida, with its strategic location, excellent infrastructure, and business-friendly environment, has become a hub for startups and businesses in various industries. However, navigating the process of starting a company can be complex, […]
Real Estate (Regulation and Development) Act, 2016 (RERA) is a landmark legislation enacted by the Indian Parliament to regulate and promote the real estate sector in India. The main objective of RERA is to bring transparency, accountability and fair play in the real estate sector and to protect the interests of homebuyers. The act has […]
In today’s world, where creativity is valued more than ever, copyright registration has become an essential tool to protect one’s intellectual property. The state of Rajasthan is home to a diverse range of art forms, including traditional Rajasthani paintings, handicrafts, music, and dance. Therefore, it is crucial for the creators of these works to understand […]
When starting a business or launching a new product, it’s important to protect your brand by registering a trademark. In Sikar, online trademark registration has become a popular choice due to its convenience and efficiency. However, there are certain documents that are required for the process. In this article, we will discuss the documents needed […]
In India, the Companies Act, 2013 outlines the procedure for the removal of a director from a company. The director of a company is an integral part of its management and plays a crucial role in the functioning and decision-making process of the company. However, in certain cases, it may become necessary to remove a […]
In recent years, the concept of Independent Directors has gained significant importance in the corporate world. Independent Directors are individuals who are not associated with the company as employees or stakeholders but are appointed to serve on the board of directors to provide an unbiased and objective perspective. In this article, we will discuss the […]
The Companies Act, 2013 is the governing law for companies incorporated in India. It lays down the rules and regulations that companies need to follow while conducting their operations. One of the important provisions of the Companies Act, 2013 is the power to reopen accounts. The power to reopen accounts is a vital tool available […]
Micro, Small, and Medium Enterprises (MSMEs) are crucial for the economic growth of India as they contribute significantly to the country’s GDP and employment generation. According to the Ministry of MSME, there are around 63.4 million MSMEs in India that employ more than 111 million people. However, these enterprises face several challenges in terms of […]
Food safety is a crucial aspect of public health and requires strict adherence to regulations and guidelines. In India, the Food Safety and Standards Authority of India (FSSAI) is responsible for ensuring the safety and quality of food products. If you are a food business operator in Sikar, Rajasthan, you need to obtain an FSSAI […]
Members of self-governing professions are required to assume legal and ethical responsibility for their work, as well as to prioritize the public and societal interests. One of the most significant components of the profession is keeping stringent ethical and moral convictions while sticking to high standards of behavior. The Company Secretary (abbreviated “CS”), who is […]
The Companies Act, 2013 is a comprehensive legislation that regulates the functioning of companies in India. One of the significant requirements of the Act is conducting an Annual General Meeting (AGM) by companies. The Annual General Meeting (AGM) is an important event for every company as it provides an opportunity for the shareholders to interact […]
MSMEs or Micro, Small, and Medium Enterprises play a significant role in the growth and development of the Indian economy. The MSME sector has emerged as the backbone of the Indian economy, providing employment opportunities to a significant portion of the population. The Government of India and various state governments have launched several schemes and […]
Aspiring entrepreneurs who want to register a company in India must obtain a Director Identification Number (DIN) before they can start the registration process. A DIN is a unique identification number allotted by the Ministry of Corporate Affairs (MCA) to individuals who want to become directors or already serve as directors of a company. In […]
Non-Banking Financial Companies (NBFCs) are financial institutions that offer banking services without a banking license. NBFCs are subject to regulatory scrutiny by the Reserve Bank of India (RBI) and other financial regulatory authorities. One of the key regulatory requirements for NBFCs is to conduct internal and statutory audits. In this article, we will discuss the […]
National Financial Reporting Authority (NFRA) was constituted by the Government of India in 2018 under the Companies Act, 2013. NFRA is an independent regulatory body responsible for overseeing the quality of financial reporting and auditing of listed companies in India. The establishment of NFRA was a significant step towards ensuring transparency, accountability, and credibility in […]
Financial statements are crucial documents that businesses use to report their financial performance to stakeholders, such as investors, creditors, and regulators. These statements are relied upon by decision-makers to assess the financial health of a business and to make informed decisions. Therefore, it is important that financial statements are accurate and reflect the true financial […]
Shareholders rights refer to the legal and financial entitlements that shareholders hold as owners of a corporation. Shareholders have certain privileges, powers, and protections that are essential for their participation in corporate decision-making and to safeguard their investment in the company. Shareholders rights is vital for investors who want to protect their investment and also […]
For companies, funding is the most vital part for functioning of the business and Share capital is the main funding for companies. Share Capital is the whole amount of money that a company increases from the sale of its shares to investors. It shows the long-term financing of the company, and is used to fund […]
The Companies Act, 2013 provides a comprehensive framework for the allotment of securities by a company. The Act contains provisions for the issuance of securities through a prospectus or a private placement, and for the creation of debentures by a company. The Act also lays down the conditions for the authorization of the issuance of […]
Rules and regulations are systematic way to do any kind of work, and Articles of Association (AOA) is a rule book for the functioning of the company. AOA contains all rules and targets of the company which one must stick to it. AOA has formed at time of incorporation of the company. These regulations […]
Memorandum of Article is a vital document for the Company, which provides the Scope, objectives, and limitations of it. It lays down the framework within which the company operates, and any changes to the MOA can have far-reaching consequences for the company and its stakeholders. An alteration of the MOA may become necessary due to […]
Debentures are a form of long-term debt instrument issued by a company to raise funds from the public. It is a popular financing tool used by companies for various purposes, including capital expenditure, expansion plans, and debt refinancing. Debentures are a crucial aspect of the corporate world, and their issuance is governed by the Companies […]
Transfer and Transmission of Securities refer to the legal process of transferring ownership of stocks, bonds, and other financial assets from one party to another. It is a crucial aspect of the financial industry, as it enables investors to buy and sell securities in a transparent and secure manner. In this article, we will discuss […]
When a company announces that it will be issuing dividends, it’s known as a dividend declaration. Dividends are a distribution of a company’s profits to its shareholders. A dividend declaration is the process through which a company announces its intention to pay dividends to its shareholders. Dividends are a way for companies to reward their […]
A Private Limited Company is a popular form of business organization that is widely used across the world due to its various advantages like limited liability, ease of transferability of shares, and perpetual existence. However, companies may need to change their address due to various reasons like expansion of business, better infrastructure, and cost-effectiveness. In […]
Changing the name of a company is a common phenomenon in the world of business. A company may decide to change its name for many reasons likewise a change in ownership, rebranding, or to better reflect its goods/ services. However, the process of changing company’s name includes certain legal formalities that require to be […]
The Auditor’s appointment is a vital procedure for a company as it makes sure about the transparency and accuracy of the company’s financial statements. An auditor is an independent professional who is appointed to measure the company’s financial statements. An auditor is a one who express an opinion on whether they give a fair and […]
The Issue of Sweat Equity Shares is a common practice among companies that want to incentivize their employees and retain key talent. Sweat equity shares refer to shares issued by a company to its employees at a discounted price or for consideration other than cash. The Companies Act, 2013 regulates the issuance of sweat equity […]
GDR (Global Depository Receipts) has become a popular way for companies to raise capital and increase their visibility in international markets. GDRs allow companies to raise funds in a foreign currency without having to comply with the regulatory requirements of that country. In this article, we’ll take a closer look at GDRs, their features, and […]
Goods and Services Tax (GST) is a destination-based tax system that replaced various indirect taxes in India. Under the GST regime, every registered person is required to file regular returns and comply with the tax provisions. However, in case of death or dissolution of the registered person, certain liabilities arise under GST, which must be […]
Non-Banking Financial Companies (NBFCs) are regulated by the Reserve Bank of India (RBI) and are required to comply with various directions, regulations, and guidelines issued by the RBI to ensure the stability and soundness of their operations. Some of the significant compliances mentioned by the RBI for NBFCs are going to discuss in the article. […]
Company incorporation in Punjab refers to the process of legally establishing a business entity in the state of Punjab in India. Punjab is one of the most industrialized states in India, with a strong economy and a favourable business climate. The state has taken several initiatives to promote entrepreneurship and business development, such as simplifying […]
Income tax is a fundamental component of any country’s revenue system. India is no exception to this rule. Income Tax Regulations for NRIs is a complex topic as it involves several considerations such as their residential status, the source of income, and the Double Taxation Avoidance Agreement (DTAA) between India and the country where they […]
Offences and Penalties under GST are the legal consequences that businesses may face for non-compliance with Goods and Services Tax (GST) laws. GST is a tax i.e. levied on the supply of goods and services in India. It is governed by the Central Goods and Services Tax Act, 2017 (CGST Act) and the State Goods […]
The Goods and Services Tax (GST) is a comprehensive indirect tax that has had a significant impact on various sectors in India, including the tourism industry. Implemented on July 1, 2017, the GST has replaced several indirect taxes and has led to both positive and negative impacts on the tourism industry. While it has simplified […]
Starting a business in Gurugram can be an exciting venture, but it requires careful planning and compliance with legal requirements. If you’re looking to start a business in Gurugram, registering your company as a Private Limited Company is a popular choice. However, the registration process can be daunting if you’re not familiar with the legal […]
Gurugram is a rapidly growing city in the National Capital Region (NCR) of India. The city is home to various businesses, which include small, large and medium-sized enterprises, start-ups, and large corporations. One of the necessary needs for businesses conducting in Gurgaon is to register as per the Goods and Services Tax (GST) regime. It […]
Income from other sources is taxed at the applicable slab rate, as per the income tax laws. However, certain incomes may be exempt from tax or subject to a lower tax rate, as per the provisions of the Income Tax Act, 1961 (I.T. Act, 1961). It includes income that is not taxable under any other […]
Form 15G and Form 15H are used to save TDS (Tax Deducted at Source) on interest income earned by individuals. TDS is a tax deducted by the payer (bank or financial institution) on the interest paid to the individual. Form 15G is used by individuals below 60 years of age, while Form 15H is used […]
If you are interested to create a newspaper, magazine, or news website in Jaipur, Rajasthan, India, you must first register with the Registrar of Newspapers for India (RNI). RNI registration is required for all publications in India and is mandated by the Press and Registration of Books Act, 1867. In this article, we will go through […]
Non-Governmental Organizations (NGOs) play a crucial role in socio-economic development, education, and welfare activities across India. To operate legally and receive funding from the government, NGOs must register with the appropriate authorities. The process of NGO registration in Rajasthan is simple and straightforward, provided the organization meets the eligibility criteria. In this article we will […]
The Goods and Services Tax (GST) Composition Scheme is a tax scheme that provides relief to small businesses by allowing them to pay a fixed percentage of their turnover as tax instead of the regular GST rates. However, businesses must comply with all the rules and regulations of the scheme to avoid penalties and fines. […]
Capital gains tax is a tax levied on the profit earned from the sale of a capital asset. Such as property, stocks, mutual funds, and other investments in India. The capital gains tax is calculated based on the difference between the sale price and the cost of acquisition of the asset. The tax liability can […]
On July 1st, 2017, India implemented the Goods and Services Tax (GST) to unify the country’s indirect tax structure. The Goods and Services Tax (GST) is a value-added tax applied on products and services used in India. It was designed to replace other indirect taxes such as excise duty, service tax, and value-added tax (VAT). […]
Goods and Services Tax (GST) was introduced in India on July 1st, 2017, to unify the country’s indirect tax system. GST is a value-added tax levied on goods and services consumed in India. It replaced various indirect taxes like excise duty, service tax, and value-added tax (VAT). Any business, individual, or entity engaged in the […]
If you are looking to start a business in Jodhpur, one option you may consider is setting up a Nidhi company. Nidhi companies are financial institutions that are similar to credit unions, which serve the needs of their members by providing them with loans and other financial services. In this article, we will discuss the […]
Bikaner, a city in the state of Rajasthan, has become a hub for entrepreneurship in recent years. With its strategic location, favorable business environment, and abundance of resources, the city has attracted a significant number of startups and established businesses. One of the most popular business structures for companies in Bikaner is the Private Limited […]
Calculating income tax on salary can be a complex process, as it depends on various factors such as your total income, tax deductions, and applicable tax rates. Income tax is a tax levied by the government on the income earned by individuals, businesses, and other entities. It is one of the primary sources of revenue […]
LLP stands for Limited Liability Partnership, which is a type of business structure that combines the features of a partnership and a limited liability company. In this, the partners have limited liability. That is why, they are not personally liable for the debts or obligations of the LLP. This means that their personal assets are […]
The EPS 95 (Employee Pension Scheme 1995) is a pension scheme for employees who are members of the Employees Provident Fund Organization (EPFO). The scheme came into force in 1995 to provide pension benefits to employees who were members of the Employees Provident Fund (EPF) scheme. Under this scheme, a certain portion of the employee’s […]
Tax Deducted at Source (TDS) is a mechanism introduced by the government of India to collect taxes from various sources of income. The purpose of TDS is to collect taxes in advance so that there is no evasion of taxes. TDS is applicable to a wide range of income sources such as salaries, interests, commissions, […]
Trademark registration is an essential process for any business that wants to protect its brand name, logo, or any other distinctive symbol that it uses to distinguish its products or services from those of its competitors. It is a legal protection that provides the owner of the trademark exclusive rights to use the mark in […]
Taxes are an essential part of a functioning government, and the United States is no exception. U.S. taxation is a complex system of federal, state, and local taxes that fund various public services and programs. Understanding U.S. taxation can be overwhelming, but it is crucial for every citizen and business to comply with the law […]
The Indian government has launched a range of schemes to support and encourage businesses in the country. These schemes are aimed at providing assistance to businesses across various sectors and helping to stimulate economic growth and development. Starting and running a business can be challenging, and the government recognizes the difficulties faced by business owners […]
The Jan Vishwas (Amendment of Provisions) Bill, 2022 was introduced in the Lok Sabha on 22 December 2022. It amends forty-two laws to reduce the compliance burden on businesses and individuals and ensure the easiness of doing business. Some of the Acts that are amended by the Act include the Indian Postal Act, 1898, the […]
As more and more food business operators enter the food industry, the Food Safety and Standard Authority of India under the Ministry of Health and Welfare ensure food safety in the country. They help the government implement regulations in the food industry. If someone wants to set up a food business in Rajasthan, they need […]
Foreign direct investment (FDI) is an investment by a company or an individual in a country into business interests located in another country. Foreign direct investment is an important engine of economic growth. Foreign Direct Investment (FDI) in India has been steadily declining. It is the second time since 2014, a sustained decline has been […]
An updated return, also known as a revised or amended return, is a type of tax return that taxpayers can file to correct errors or omissions in their originally filed return. The updated return allows taxpayers to make changes to their previously filed tax return after it has been submitted to the tax authorities. In […]
Business valuation regulate the economic value, financial liability or asset of the business. It is a necessary implementation in some regulatory, legal and commercial contexts in India. It also helps stakeholders to create informed assess and decisions to fair value of liabilities or assets. In this article, we will discuss about the business valuation in […]
As we approach the month of March 2023, it is important for businesses and individuals in India to stay up-to-date with their legal obligations and any recent legal updates. In this article, we will discuss the key legal obligations and updates that are relevant for March 2023 and Compliance Calendar for March 2023. Table of […]
The Goods and Services Tax (GST) regime, introduced in India on 1st July 2017, has revolutionized the way businesses pay taxes. The GST system aims to create a single, unified market for goods and services across India, replacing the complex tax structure that existed prior to its implementation. The GST Returns are a key component […]
GST applicability means to whether or not a specific goods and service (G&S) is comes under the GST in India. It is a wider indirect tax, which can replace various previous existing indirect taxes. GST is levied on the supply of G&S and its applicability on all stages of the supply chain, from the manufacturing […]
Equity shares with differential rights refer to shares that provide specific rights or privileges to certain shareholders, which differ from the rights enjoyed by other shareholders holding the same class of shares. This concept has been a part of Indian company law since 2000, but it was only with the Companies Act, 2013 that it […]
The introduction of the Goods and Services Tax (GST) in India has been a major tax reform aimed at unifying the indirect tax system in the country. While most industries are now subject to GST, there are certain sectors, including the banking and financial services industry, that are exempt from certain aspects of the tax. […]
The Ministry of Corporate Affairs (MCA) has introduced a new version of the Form SPICe+ and other related forms, which is known as MCA V-3. This new version aims to simplify the process of registering a company and carrying out other related activities. As a result, the MCA has asked companies to shift their forms […]
Foreign direct investment (FDI) is when a company controls the ownership of a business entity in another territory or country. With FDI, foreign companies are directly involved in day-to-day operations in the other country. This means that they bring with them not only money but also knowledge, skills, and technology. FDI generally occurs when an […]
When a company receives foreign investment, form FC-GPR is issued by the Reserve Bank of India (RBI). Accordingly, the company will issue shares to a foreign investor for such investment. The company is also required to give details of such allotment of shares using Form FC-GPR. In this article, we will have a detailed look […]
GST has made easy the tax return filing process by accumulating information about the goods and services of sellers and customers under one head. The GST Council and the Finance Ministry have developed a system of Goods and Services Tax Network where taxpayers are required to record all information about invoices, purchases, sales, dates, and […]
A Full-Fledged Money Changer is a company that carries out business activities such as forex currency after prior approval from the Reserve Bank of India (RBI). These companies are sanctioned under the Foreign Exchange Act of 1999. The RBI permits business entities to handle foreign exchange for specific purposes. These business entities are referred to […]
In recent years, there are various new notifications with regard to the filing of Form 10F introduce. Central Board of Direct Taxes (hereinafter referred to as CBST) has notified these notifications. In India, it is the main authority for overseeing institutions of direct taxes. These notifications aim to give instructions to non-resident taxpayers, who want […]
Export is a significant term for multinational trade. It includes the sale of goods/ services from one country to another. In India, there are various rules, regulations, and procedures have been introduced to promote exports by the Indian Government. It makes the procedure simple for exporters. One such regulation is the exporting of goods and […]
The globalization of the world economy has led to the increased participation of foreign entities in the Indian economy. In the corporate sector, foreign investment has been a significant contributor to the growth of Indian companies. With this growth, there has been a rise in the appointment of “Persons Resident outside India” as directors on […]
The Indian tax system has various provisions to ensure timely and accurate payment of taxes. Section 194J of the Income Tax Act, 1961, is one such provision that deals with the TDS (Tax Deducted at Source) on payments made to professionals and technical service providers. However, the line between technical service and professional service can […]
The term NBFC stands for Non-Banking Financial Company which is of great importance in India. It fulfills the role of ensuring proper financial financing in the economy. Therefore, the Reserve Bank of India (RBI) is the sole body responsible for the supervision and regulation of NBFCs to ensure the growth of financial institutions. The number […]
On 27 December 2022, the CBIC issued a circular prescribing how an unregistered person can apply for a refund. Unregistered persons can apply for GST refund on canceled contracts or premature termination of policies by obtaining temporary registration on the GST portal, the finance ministry said. A new ‘Refund for Non-Registered Person’ functionality has been […]
Filing Income Tax Returns (ITR) can be a daunting task for many individuals, especially those who are not familiar with the process. However, with the help of the new ITR forms and the recent changes, the process has become much simpler and hassle-free. The government has introduced several changes in the ITR forms to ensure […]
Udaipur is rich in its culture, historical and scenic areas, and Rajput-era palaces. It is also known as the “City of Lakes” and attracts several tourists from other places of the world that’s why it is called a tourist destination and the tourist destination is always the best place to kick start businesses. However, before […]
Under the presumptive taxation system in India, certain eligible taxpayers are allowed to pay tax on a presumptive basis. This means that the income of the taxpayer is presumed to be a certain percentage of the total turnover, and the taxpayer is required to pay tax on that presumed income. However, in certain situations, the […]