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Mandatory Compliances for Private Limited Companies

Opening of bank account within 60 days from the date of incorporation Injection of subscription money into the company's bank account within 60 days from the date of incorporation Upon receipt of membership funds, the company will issue share certificates as SH-1 to...

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Types, Classification and registration of companies

The Companies Act, 1956 broadly categorizes companies into private and public companies and provides a regulatory environment based on such classification. However, with the growth of the economy and the complexity of business operations, corporate organizations...

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GST on health care services and meals supplied in hospitals

The hospitals charge fees for various services provided by doctors and nursing care, basic infrastructure facilities, parametric care, emergency services, temperature, weight, blood pressure check etc., as well as medical and counseling services provided by doctors,...

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Conversion of company to LLP

Conversion of company to LLP

Limited liability partnership (LLP) is emerging from the beginning of the Companies Act, 2013 because it is a business entity, which allows the individual partners to be free from the concept of joint liability of partners in a partnership firm. LLP is a preferred...

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What You should check in your Form-16 while filing ITR

What You should check in your Form-16 while filing ITR

This year, Form 16 format has been modified by the Central Board of Direct Taxes (CBDT) which you have to give to your employer. The structure of Form 16 is largely the same (containing Part-A and Part-B), however, the information given in this year is much more...

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Tax Related Information in Budget 2019

Tax Related Information in Budget 2019

Direct tax No income tax, if the annual total income is less than 5 lakhs. Increase in surcharge for taxable income, Rs. 2 crore to Rs. 5 crore and Rs. More than 5 million. Corporate tax @ 25% for companies with annual turnover of upto Rs 400 crore. 'Angeal tax' issue...

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Budget 2019 Announcement Latest Updates

Budget 2019 Announcement Latest Updates

  Budget 2019: Gold, gasoline, diesel, and tobacco everything is expensive The duty on gold has been increased from 10 percent tax to 12.5 percent. Extra charges will also be imposed on tobacco. An additional cess of 1-1 rupees will be levied on petrol and...

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How to File GST Return Step by Step

How to File GST Return Step by Step

GSTR-3B is a monthly return. All regular taxpayers have to file this return till March 2019. You can file your return on GST portal. There are some disadvantages when filing with GST portal: Copy paste of prices is not allowed.   The possibility of error...

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List of all Registrar Of Companies (RoC) In India

Registrar of Companies is a body which plays an important role in the administration of various types of companies and limited liability partnership in India. Before starting a business, you must register your organization with the Registrar of Companies, which is a...

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How to change the name of a private limited company

How to change the name of a private limited company

The name of a private limited company can be changed for a variety of reasons, including changing business objectives, changes in management, rebranding etc. The name of a private limited company can ever be changed with approval. In this article, we look at the...

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How to change company address in MCA

How to change company address in MCA

According to Section 12 of the Companies Act 2013, a company should have a registered office on the fifteenth day of its incorporation, which will be able to accept and receive all communications and notices. In addition, verification of registered office will...

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