Latest Post and Updates

GST Cancellation and Its Impact on Export Businesses in 2023

GST Cancellation and Its Impact on Export Businesses in 2023

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…
Continue Reading
One-Person Company registration

One-Person Company: Maximum Number of Directors Needed

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…
Continue Reading
Ayush License in Rajasthan

Ayush License in Rajasthan

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…
Continue Reading
How to Start a Business in Mumbai? Important Business Ideas in Mumbai

How to Start a Business in Mumbai? Important Business Ideas in Mumbai

Mumbai, the financial capital of India, offers vast opportunities for aspiring entrepreneurs looking to start their business ideas in Mumbai. Mumbai provides an ideal environment for launching innovative business ideas. In this article, we deal with various business opportunities in Mumbai, including zero investment options, profitable ventures with low investment,…
Continue Reading
ITR 1 (Sahaj) Form

ITR 1 (Sahaj) Form

The ITR 1 (Sahaj) form is a simplified income tax return form for individuals with salary, one residential property, and other sources of income with a total income of up to Rs. 50 lakhs. Its goal is to simplify the tax filing process for salaried individuals, retirees, and small taxpayers…
Continue Reading
How to calculate HRA

HRA Calculation

Employers include a portion of employees' salaries known as the House Rent Allowance (HRA) to help cover their rent bills. The Income Tax Act of 1961 allows for HRA tax deductions.  To pay for your living expenses while renting a house, an individual can apply for House Rent Allowance. They…
Continue Reading
Change in LLP Agreement

Top Tips for Successfully Updating Your LLP Agreement

Changing circumstances and evolving business dynamics often require updates to the Limited Liability Partnership (LLP) agreement. An LLP agreement acts as a crucial document that governs the internal operations, rights, and responsibilities of partners, making it necessary to adapt to change for enhanced collaboration and streamlined decision-making. This article provides…
Continue Reading
Differences Between an LLC and an LLP

Key Differences Between an LLC and an LLP: Exploring the Legal Business Structures in India

The legal structures play a vital role in determining how companies are established, governed, and taxed. In this Limited Liability Companies (LLC) and Limited Liability Partnerships (LLP) have gained significant popularity due to their flexible nature and liability protection. This article deals with the major distinctions between LLC and LLP…
Continue Reading
What Is the Purpose of Rajasthan Shops and Establishment?

What Is the Purpose of Rajasthan Shops and Establishment?

The Rajasthan Shops and Establishment Act seeks to govern working conditions, employment, and other relevant issues in stores, commercial establishments, and residential hotels. It ensures that working hours, rest intervals, time beyond regulation, and the employment of young people are well regulated. The Act additionally includes regulations for workers' health,…
Continue Reading
What is GST Refund, How to Claim and Check Refund Status Online?

What is GST Refund, How to Claim and Check Refund Status Online?

Understanding the complexity of the GST system is critical for both businesses and people. The GST refund is a system designed to reduce the burden of excess tax paid. Getting a GST refund for your business is crucial, especially when you're dealing with exports, dealing with inverted duty structures, or…
Continue Reading

Ask an Expert