Company Registration, Tax Consultancy, Trademark, Compliances in India.
All LLPs registered with the Ministry of Corporate Affairs need to file Annual Returns and Statement of Accounts for every Financial Year. It is mandatory for a LLP to file a return irrespective of whether it has done any business. There are three LLP mandatory compliances to be followed:
Continue reading “Mandatory Compliances for an LLP (Limited Liability Partnership)”
Minister of Finance, Smt. Nirmala Sitharaman presented the Budget 2022 on 1st February 2022. At the very outset, she mentioned that India’s economic growth in the current year is estimated to be 9.2 per cent, highest among all large economies.
Continue reading “Budget 2022: Key Takeaways”Finance Act 2021 introduced section 206AB to the Income Tax Act which has major implications on existing TDS provisions and rates. The idea behind this provision is to extract Tax at source from persons who are not filing their IT Returns, thereby making the businesses more responsible towards filing their returns regularly.
Continue reading “Major change in TDS provisions w.e.f 01st July’2021 – Section 206AB”