ROC Compliance Calendar 2021
Companies and LLPs in India are required to comply with annual filings under the Companies Act, 2013 and the Limited Liability Partnership Act, 2008. The filings with the ROC should be made once a year or on the occurrence of specified events. ROC Compliance Calendar Companies and LLPs should take care and adhere to the […]
Mandatory Compliances for a private Limited Company
Private Limited Company is the most preferred structure to carry on business for an entity intending to make a profit and enjoy the benefits of an incorporated entity, particularly limited liability. Besides, limited liability, Separate legal entity, perpetual succession and various other benefits there are also mandatory compliances applicable to the Private Limited Company in […]
Understand Trademark Application Status in India
Check Trademark Status: After filing a trademark application, on an average, it takes at least 6 -12 months to get your trademark registered at Trademark Registry, India. In this intermittent period, your trademark application goes through various stages, and you can check the status of your trademark which is reflected online. Each time the trademark […]
How COVID-19 impacts Financial Reporting for Businesses
COVID-19, a novel coronavirus infectious disease, spreads and destroys people rapidly around the world and has been identified as a global pandemic of the WHO. COVID-19 has not only impacted people’s wellbeing worldwide but also caused significant damage to the global economy, with effects on financial results and studies. This global pandemic can hurt many […]
COVID-19: Due-date relaxation for Income Tax, GST, ROC
Indian FM announced economic stimulus plan, and relaxation of due dates due to the issues faced by the taxpayers & companies amid complete lockdown in India to control COVID-19 (Corona Virus). Covering various statutory, regulatory compliance such as Income Tax, GST, Corporate Affairs. Also considered the updates from economic stimulus plan announced on May 13th 2020. […]
PF Under COVID-19: Applicability and Contribution Details
PF Under COVID-19: Applicability and Contribution Details India’s Finance Minister, Nirmala Sitharaman announced on 26 March about PF relief for both – employees and the employer, in the situation of COVID-19 & 21 days lockdown. The government of India would pay a total of 24% of the contribution on behalf of 12% of the employer […]
Revised GST Slab Rates in India FY 2020-21 Finalized by the GST Council
Revised GST Slab Rates in India FY 2020-21 Finalized by the GST Council Revised GST Slabs in India for FY 2020-21 GST is the most important tax-related reformation in the country beginning unity in the taxation structure and reducing the various types of taxes that were applicable in the previous regime. The GST Council meeting […]
Major Changes in Income Tax Rules FY 2020-21 (AY 2021-22) & FY 2019-20
Income tax returns have to be filed by every eligible candidate in accordance with the norms & regulations. Income Tax Rules for the new financial year 2020-21 has been introduced with some major changes in it. From 1st April 2020, these changes are being followed. Income tax returns have to be filed by every eligible […]