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…