Latest Post and Updates

Limited Liability Partnership (LLP) is way of doing business which has basic structure of partnership but it is considered as Body Corporate. Because of its corporate structure, LLP separates itself from partners. The rights and duties of the partners are governed by the LLP deed which are generally agreed signed…

Income Tax Department has facilitated an effective system of collection of taxes under which any person who is responsible for making payment of income under the Income Tax Act, shall be required to deduct tax at source and deposit the same with the government within the time mentioned under the…

Given the situation of ‘new normal’ ushered in by the pandemic, the functioning of the corporates has drastically changed. The adherence to the laws applicable while still holding its significance has shifted to the virtual modes. The Board meetings and other meetings have taken to the Audio and Video means.…

A Sole Proprietorship is a form of business organization where a business is managed by a single person. Usually, it does not require any registration as such. Any person who wants to start a business with a smaller investment can take this type of business form.  The control of the…

Table of Content What is financial planning? What are the Objectives of financial planning? Why financial planning is important in a business? Process of financial planning Advantages of financial planning Conclusion What is financial planning? Once a vision and objectives have been determined, a business organization creates its financial plan.…

The Goods and Services Tax is an indirect form of taxation that has dramatically simplified Indian taxation laws. GSTR4 serves as the GST return for composition dealers, which is a scheme offered under the GST regime for certain types of taxpayers. The GST return for the composition scheme must be…

On May 03, 2021, Ministry of Corporate Affairs published a General Circular No. 06/2021 relaxing the time and additional fees to be payable by any Company or LLP till July 31, 2021, regarding Forms that are scheduled for filing between 01 April 2021, to 31 May 2021 (except charge related forms). A fee waiver…

Every Indian at some point in his/her life has thought ‘Apna ghar hona chaiye.’ Bearing this in mind, buying an apna ghar is not as simple as it used to be. If you have ever tried to purchase a home in India, the word RERA is something you must’ve heard…

To contract out everything to a third party like from Housekeeping to Internet Security is coined as ‘Outsourcing’. Outsourcing various activities let companies concentrate on its core functions.  It can actually save company’s valuable time and hence company can handle its important operations effectively. Many types of tasks can be…

A Franchise agreement is a legally binding document that governs Franchisor and Franchisee and defines all rules and regulations related to franchise. There is no prescribed format for the Franchisee agreement as to the terms and conditions, methods of operations of various franchises depend upon the nature and type of…