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Featured17 Things You Should Know About LLP Registration
It’s not been quite a while since limited liability partnerships appeared, they have picked up prevalence step by step all through the country. LLP is a fantastic new idea which has accompanied a broad scope of advantages over the other conventional partnerships and companies. With that, let us realize how to approach the LLP registration process in… Read more
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FeaturedLast date to file GST annual returns extended till November 30
HIGHLIGHTS The last date for filing annual GST returns has been extended by three months to Nov 30 Earlier, GST taxpayers were to file required returns by August 31 GSTR-9C is filed by those whose annual turnover exceeds Rs 2 crore The finance ministry on Monday said the last date for filing annual GST returns… Read more
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FeaturedChartered Accountant
Chartered accountants were the first accountants to form a professional accounting body, initially established in Scotland in 1854. The Edinburgh Society of Accountants (1854), the Glasgow Institute of Accountants and Actuaries (1854) and the Aberdeen Society of Accountants (1867) were each granted a royal charter almost from their inception.[1] The title is an internationally recognised professional designation; the certified public accountantdesignation… Read more
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FeaturedIncome Tax Return (India)
Income Tax Return is the form in which assessee files information about his Income and tax thereon to Income Tax Department. Various forms are ITR 1, ITR 2, ITR 3, ITR 4, ITR 5, ITR 6 and ITR 7. When you file a belated return, you are not allowed to carry forward certain losses.
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FeaturedStartup India
Startup India is an initiative of the Government of India. The campaign was first announced by Indian Prime Minister, Narendra Modi during his 15 August 2015 address from the Red Fort, in New Delhi.[1] The action plan of this initiative, is based on the following three pillars: Simplification and Handholding. Funding Support and Incentives. Industry-Academia Partnership and Incubation. An additional area of focus… Read more
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FeaturedGoods and Services Tax (India)
Goods and Services Tax (GST) is an indirect tax (or consumption tax) imposed in India on the supply of goods and services. It is a comprehensive multistage, destination based tax: comprehensive because it has subsumed almost all the indirect taxes except few; multi-staged as it is imposed at every step in the production process, but is meant to be refunded to all parties in the various stages of production other than the final consumer. As a destination based tax, as it is collected from point of consumption and not point of origin like previous taxes.
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Tax & Compliance 