Micro, Small and Medium Enterprises (MSME) has been a backbone of the economic growth over the last few decades. MSMEs play crucial role in providing large employment opportunities on low investments thereby reducing the major employment p…
MSME stands for Micro, Small and Medium Enterprises. MSME registration is required for each and every micro, small and medium enterprises to get benefits of various incentives provided under the Micro, Small and Medium Enterprises Developm…
An Income tax return (ITR) is a form filed with the income tax authority which reports income, expenses, and other pertinent tax information. In this blog, we will discuss about Income tax return filing. Let's start the journey. What is In…
NGO stands for Non-government organizations which are formed to support the underprivileged sections of the society and help in the management of different issues such as social, cultural, legal, and environmental, art, science etc. There …
EPF stands for employees provident fund, this scheme is governed by the Employees' Provident Funds and Miscellaneous Provisions Act, 1952. It comes under one of the largest social security organizations. It plays an important role during t…
Have you ever owned a business, company or an organization, or are closely related to any of these in the past. If yes then you must be aware of the number of activities going around to make the business successful. It requires a lot of pl…
You must have seen the ads or heard about NGOs in India. NGO basically stands for Non-profit organizations. The purpose of setting up an NGO is to promote and support the underprivileged section of the societies which include issues such a…
Have you ever heard about the term audit or tax audit? Who does this work tax audits? Take a deep breath we will answer all your questions one by one. It basically involves the verification of the accounts maintained by the assessee. Audit…
If you have a business or an enterprise, you must have heard, recommended by someone regarding the MSME/SSI registration. MSME is known as the Micro, Small, and Medium Enterprises. There MSMEs are regulated by the MSMED Act. MSME/SSI regis…
Before we start with the facts about Sin Tax, let us ask you a question. Are you sinning? Aren't you sure? Fine, let us then ask you a few more questions. Do you smoke, consume alcohols, eat tobacco or paan masala, take drugs, etc.? If yes…
What is ESIC? ESIC stands for Employee State Insurance Corporation which is a self-governing body created by the law under the Ministry of Labour and Employment, Government of India. The scheme was mainly started for Indian workers under w…
For Salaried Employees Being a salaried employee, you need to collect the following documents for online income tax return filing in India: PAN number; Form-16 issued by the employer. Documents associated with interest income Either passbo…
What is Society Registration? A society registration is an act of registering a society under the Society Act, 1860 for the following purposes: Development and promotion of fine arts; Promotion of literature and science; Creating awareness…
Business Plan is a very essential to carry business activities in a planned manner. Entities must spend some time to gather information for creating business plan. While making business plan, there are certain things which must be consider…
GST registration is obligatory for every entity involved in the buying or selling processes in India. If the business' annual turnover crosses the threshold limit, then it becomes mandatory for that particular person or entity to get the b…
Almost every employee seeks medical benefits from the organization they work in, and even there's a scheme for the same. That scheme is ESI which stands for Employee State Insurance. The Employee State Insurance Corporation manages ESI. ES…
Starting a consulting firm needs a Business Plan Consultant, doesn't it sound intriguing and strange at the same time? Yes, it does. To understand how and why we first need to learn what consulting firm and business plan consultant means. …
MSME registration is one of the critical processes required for every micro, small, and medium businesses and it plays a crucial role in the Indian economy. Moreover, businesses can avail several unexpected benefits from MSME registration,…
Employees intending to apply for ESIC registration must know that they need to contribute 1.75% of their monthly income every month of the year. However, the employer is supposed to pay 4.75% of the total monthly salary payable to the empl…
According to section 44AB of the Income Tax Act, following are mandatorily required to get their accounts audited: An individual engaged in business with Rs.1 crore and above as the annual turnover of business. An individual engaged in any…
Society registration was started for the development, improvement and promotion of charitable activities like sports, music, art, education etc. Society registration begins with the association of several individuals, who supports the comm…
MSME registration plays a vital role in the Indian economy as it provides support to the industries through the supply of raw materials, goods, and finished products. MSME Classification In India, MSME is classified into two broad categori…
GST registration is still one of the most confused and talked topics in India. Due to a little knowledge on the same, people and industry professionals are unable to figure out when and where to get the GST Registration done. Generally, ev…
Before you announce your political party arrival on air, don’t forget to register your political party first and then take the lead. It is necessary for every association to get registered by the election commission of India. Political par…
The day GST (Goods and Services Tax) was levied by the Government of India; the country has undergone various economic reforms till then. And not only that, but India has become the sixth biggest economy in the world. Despite this fact, ma…
A business plan is a written statement or document that gives detailed description of a business or a division, mentioning its objective and goal and the method of achieving the same. In fact before starting the operations of a business, d…
Income tax return is the amount of money which you have to pay to the government, if your earnings for the year exceed the figure; pre-decided by the government; according to income tax 1961. Income tax return filing is a plain and basic p…
MSME stands for micro small and medium enterprise. These enterprises play a crucial role in developing country’s economy. MSME basically supplies the raw material, goods and finished products. It includes the investment made in plant & mac…
If you are looking for GST registration in India, then you are at right place. Here we will make you learn about the GST registration process in India. GST Registration, which is also known as goods and service tax Registration which is ma…
