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Gratuity is a reward for an employee's long-term service. While it's a gesture of gratitude, not everything is taxable. Gratuity is completely exempt for government employees in India. There are specific limits for private sector employees under the Income Tax Act 1961. Accurate knowledge will ensure that you take advantage…
An important step towards the registration of One Person Company under the Companies Act, 2013 is that it makes possible for one person to form a business and take use of the advantages of both a private limited company and a sole proprietorship. Following the Companies Act 2013, this idea became accessible.…
Nidhi Companies and Cooperative Societies are two common choices for structuring and overseeing financial operations inside a community. Do you want to know how these two differ as well? Go on to read! Let us discuss about Nidhi Company and Co-Operative Society. Table of Contents What is a Cooperative Society?…
Nidhi and Microfinance Companies work in diverse areas of finance, assisting different categories of people. Despite the fact that they both work in finance, their structures and purposes are very different. Knowing the distinctions between them is critical for those seeking financial assistance as well as investors. When comparing a…
Understanding the main metrics to include in a pitch deck is critical for entrepreneurs seeking investment for their new ventures. A pitch deck is a presentation that comprises important information about your company and is intended to impress potential investors and secure money. You may have heard the term 'pitch…
Are you acquainted with the concept of indirect taxes? Manufacturers purchase the goods and pay taxes in the form of indirect tax. The production, sale, and import of commodities as well as the purchasing of products and services by individuals and commercial entities are charged in the form of indirect…
The ITR-4 Form, also called Sugam, is a simple tax return form made for people and families in India who earn money from businesses or professions. It's meant for those with a straightforward financial life, making tax filing easier. This form lets you report your business or job income, along…
The Goods and Services Tax (GST) regime has significantly reshaped India's taxation structure. All businesses operating in India are required to register and comply with its provisions. After all, there may be circumstances where GST registration cancellation becomes necessary. It can have an impact on export businesses also. This article…
One-person companies (OPCs) have emerged as a popular business structure in recent years, providing an opportunity for solo entrepreneurs to operate a limited liability company on their own. One Person Company’s registration is governed by the Companies Act, 2013, and has specific regulations concerning the number of directors they can…
Introducing the Ayush License in Rajasthan – a big step for better health! It shows how much the state cares about whole-body healing. This license helps people who work with Ayurveda, Yoga, Unani, Siddha, and Homeopathy. It connects old healing ways with new wellness ideas. The Ayush License wants to…
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