There is no denying that for a business to become a success we all need to put in hours of hard work and a little favor from the lady luck as well. A better knowledge of setting up a business will, however, be of great help in keeping the success consistent even after completing many… Continue reading Advantages of Incorporating your Business
Embarking on a start-up is exciting and equally challenging at the same time. Start-ups are gradually changing the corporate face of India by not only modifying the conduct of business but also the manner in achieving positive results. Managing a start-up however required countless hours of hard work, rigorous planning and compromises. One of the… Continue reading Facts on Why Every Start-Up Should e-File Income Tax Returns
Prior to the 2000s, being an entrepreneur in India was demeaning and met with mockery from the society. However, time has brought changes and now saying that you are the founder of a startup does actually sound appealing. The startup culture is booming in India so much that even the Indian government has decided to… Continue reading How the Implementation of GST has Impacted Start-ups in India
Under the GST regime, a “dual GST” model has been introduced keeping in mind the federal structure of India. Instead of levying different type of taxes by both the center and the state, GST will be levied on every supply of goods and services which take place within the boundary of the state. GST has two components: Central tax (CGST) which is levied… Continue reading IGST Act in India
The new provisions provided in the GST Law aims at streamlining and standardizing the refund procedures.
GST i.e. Goods and Services Tax as the name suggests is the tax levied on the supply of goods or services or both in India. The Goods and Services Tax will provide the much-needed stimulant for economic growth in India by transforming the existing base of indirect taxation towards the free flow of goods and… Continue reading Advantages of GST for Citizens and the Country
Goods and Services Tax, popularly known as GST has always been the talk of the town. GST was successfully implemented on 01st of July 2017. GST was launched to overhaul the entire Indirect Tax Regime of the country and to make it easy to do business in India. Individuals registered under GST are required to… Continue reading The Responsibility and Enrollment of a GST Practitioner in India