UDIN Unique Document Identification Number -The Institute of Chartered Accountants of India (ICAI), has developed a method for verifying the records Issued by a Chartered Accountant by Issuing a Unique Document Identification Number (UDIN)

SOP IGST Refund, Standard Operating Procedure for IGST Refund - On 23rd January 2020, the Central Board of Indirect Taxes and Customs (CBIC) have published Circular No.131/1/2020-GST regarding the Standard Operating Procedure (SOP).

TDS has to be deducted when he pays the seller. TDS @ 1% should be deducted by the purchaser of the property at the time of payment of sale consideration.

union budget 2020 highlights income tax - Here are all the key highlights of Union Budget 2020 from Nirmala Sitharaman's. Understand how Union Budget 2020 will impact you, new Income tax slab announcement etc.

Private Limited Company Registration- The best part of private limited is that management and ownership can be differentiated in this format.

MCA Latest Notification - The MCA has come up with the latest notification of Companies Winding Up and the same has been named as the Companies (Winding Up) Rules, 2020.

Spice + Form for Company registration - The MCA issued a news that the department will release a new web Form called “SPICe +” pronounced as “SPICe PLUS” very soon. SPICe+ form is introduced to replace the existing SPICe form.

The CBIC shared an image of the tweet and said, "FORM GSTR-1 late fee waiver scheme has ended on 17th January 2020. No further extension has been given. A fake tweet in this regard has been circulating in social media."

Recently MCA has extended the last date of filing of Form No. BEN-1 and  BEN-2  and has relaxed additional fees under the Companies Act 2013.

Every director have to file this form before and on 30th September and further who has submitted Form DIR -3 KYC in the previous year will proceed next year for DIR -3 KYC–WEB .

When it comes to business entities, Private Limited Company is the most preferred and popular arrangement to carry out their operations, earn profits while enjoying various benefits of an incorporate entity, specifically limited liability.