To start a company is not enough one has to take care of timely compliances for smooth functioning of the business and avoidance of penalty for non-compliances

If you are a dreamer, you have to go a long way and if you are thinker than think big and play safe!

Chhattisgarh, Madhya Pradesh, Gujarat, Maharashtra, Karnataka, Goa, Kerala, Tamil Nadu, Telangana or Andhra Pradesh or the Union territories of Daman and Diu and Dadra and Nagar Haveli, Puducherry, Andaman and Nicobar Islands and Lakshadweep

Ministry of Corporate Affairs, Government of India, has issued circular vide no 14/2020 on 08th April, 2020 for clarification on passing of ordinary and special resolutions by companies under the Companies Act.

One person company means a corporation which has one member On the other hand a Pvt Ltd is that kind of organisation structure which is registered under Companies Act to provide a separate legal existence to the business from its owners and members.

Books of accounts including bills and receipts and that is required to be maintained under different statutory laws – Income Tax Act, Companies Act 2013 and GST Act.

For example Patent, Trade Mark, Goodwill, copyright, Customer details etc

Equalisation Levy” of 6% on consideration received against services provided to Indian Resident or a Non-resident person who has permanent establishment in India by a Non-resident person without any permanent establishment in India.

A Patent right is an important asset for owner because it helps to safeguard inventor’s invention. It provides security for product, design or process that meets certain specification in step with this originality, utility & practically.

What makes this profession different- Every chartered Accountant go through from extensive examination to receive this title I.e. prefix before their name as CA and they have various obligations when they receive it.

Managing of legal compliances has developed gradually through the current years with the gradually increase in the complexity of legal compliances

All the companies are required to hold board meeting within 30 days of incorporation, to comply with the under mentioned mandatory compliances.

MCA has notified new CARO 2020 wherein all the current clauses are there. Some new provisions are add on to same and some are altered. There are many other reporting requirements on the auditor now.

For startups bring in great talent at a premium salary has always been a great challenge. Here’s the place where ESOPs come in to help startups obtaining the correct sort of talent, even if they can't afford the high salaries that corporates pay.

Are you in the plan of establishing a startup and concerned about various laws to comply with? If yes, don’t worry, we are here to help you with all the Startup compliance.

In some cases there is a difference between the number of expenses or incomes that are considered in books of accounts of the assessee and the expenses or incomes that are allowed/disallowed as per Income Tax Department.