LLP Advantages and Disadvantages in India

LLP Advantages and Disadvantages in India Limited Liability Partnership – New way of Business in India: – Hi Readers, in this Article we will discuss about LLP advantages and disadvantages in India. There are many ways to start a new business in India like Proprietorship; Partnership Firm, Limited Liability Partnership Firm (LLP), Private Limited Company, …

GST compliance on foreign currency exchange

GST compliance on foreign currency exchange Hi Reader, in this Article we will discuss about the GST compliance on foreign currency exchange. Foreign currency exchange is conversion of one country’s currency in another country’s currency. In India, Foreign Exchange Management Act, 1999 (FEMA) manage and responsible for foreign currency exchange transaction and Reserve Bank of …

Udyog Aadhaar and MSME Registration

Udyog Aadhaar and MSME Registration Hi Readers, in this article we will discuss about Udyog Aadhar and MSME Registration. With the view to address policy issues related to MSMEs a separate law, The Micro, Small and Medium Enterprises Development (MSMED) Act was notified in 2006. The purpose of the MSMED Act was to facilitate development …

GST Council 31st meeting recommendations

GST Council 31st meeting recommendations Hi Readers, in this article we will discuss the GST Council 31st Meeting recommendations. The GST Council in its 31st meeting held December 22, 2018 at New Delhi made the following major policy recommendations; once the same is approved by the GOM (Group of ministers) then the same will be implemented: …

GST September Return Checklist

GST September Return Checklist Hi Readers, in this article we discussed the importance of GST Returns filing for the month of September. We will also be checked and discussed the GST September Return Checklist. GST Return for the month of September is also important since after filing of September month GST return no one is …

Form 3CD for AY 2018-19 in Excel Format

Revised Form 3CD for AY 2018-19 in Excel Format Form 3CD is issue by CBDT in accordance with Section 44AB of the Indian Income Tax Act 1961. According to Section 44AB, a person requires to file tax audit report if turnover from business is more than 1 Crore or from Professional is more than 50 …

Long term capital gain on Equity shares

Long term capital gain on Equity shares Hi Reader, in this article we will discuss the tax treatment of Long Term Capital gain on Equity Shares. Before Budget 2018, Long Term capital gain arising from transfer of Long-term capital assets (Being a unit of equity oriented fund  or equity share of a company) was exempt …

Must know facts about Eway Bill

Must know facts about Eway Bill Hi Reader, in this Article we will discuss some must know facts about Eway Bill. 1 – E way is require for movement of goods with value more than Rs. 50,000, if the total Value of goods loaded in a single vehicle more than 50000/, then E-way bill will …

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