Today, we will be beginning a new topic, which is rather vast and this entails the different types of foreign company entities that can set up office in India and the processes followed. First in this series will be a FOREIGN COMPANY WITH BRANCH OFFICE IN INDIA. Foreign companies can opt to open branches in […]
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Continuing on the series, today’s discussion will be on another business entity, that is public Limited Company. A public limited company can be a wholly owned Indian company or a wholly owned subsidiary of a foreign company or a joint venture between a foreign and Indian company or a wholly owned foreign company. A public […]
The discussion is on Private Limited Company, which can be wholly owned Indian company or a wholly owned subsidiary of a foreign company or a joint venture between foreign and Indian company or a wholly owned foreign company. Private limited company should have a minimum of two directors. . Feature of Private Limited Company: Private […]
Continuing on the series, today we will focus on another form of business, namely – OPC which is One Person Company wherein one person can start a private limited company, which helps one to build a collaboration at the international level as it gives the status of a private limited company. Unique Features It is […]
Friends, I think all of you have been following this series that we have been doing regarding the types of business entities. Today, we will be discussing about LLP, that is limited liability partnership under the Ministry of Companies Act (MCA). Simply put, an LLP means a business entity with two persons or more on […]
Hi everyone. I am back now with the next in the series. Today, we will be dealing with how and why of a partnership business. What is a partnership? A partnership business can be between two persons or more and these persons will be called as partners. The partnership has to be registered with the […]
Hello everyone. How often have you considered starting a business and did not know how? Do you know the best type of business suited to you? Here, we are now bringing in a series of blogs to help all business and services to know ways of starting a business, further Incorporation’s and Compliance’s. Blogs will […]
The MSME in India is a harried lot. First, it was the economic recession, and then came the biggest threat of all – the Covid-19 first wave. It raged on for months and then when things started looking up a bit, then came the second Covid-19 wave. It has hit everyone hard. With global caution […]
TDS Online payment has to be made through specified banks like SBI, ICICI etc. The type of payment has to be specified with sections. For eg: Section 192: Payment of Salary Section 194A: Interest (Other thab Interest on Securities) Section 193: Interest on Securities Section 194B: Income by way of winnings from lotteries, crossword puzzles, […]
Profession Tax (PT) is a tax levied by the respective State Government in India. In Karnataka, Profession Tax has to be paid by everyone following a Profession or is engaged in any business or holds employment in public or private as specified in the Schedule to the Act. PT registration is mandatory for all professions […]