There are multiple ways to optimize tax in our legal system. Utilizing such ways can help you save a lot of income tax on your part. One such way is to create a HUF. In this blog, I will explain to you about what is a HUF, how you can establish a HUF and the […]
Micro, Small, and Medium Enterprises are the backbone of the Indian economy. Apart from their massive role in the Indian GDP, they also offer employment to a large section of Indian society. Unfortunately, these enterprises, especially the Micro and Small ones, regularly face cash inflow problems that impact their business operations. To solve these problems […]
To start or operate any business, the fund is of critical essence. Now and then businesses, especially Micro and Small Businesses, face funding issues that hamper their operations. These MSMEs play a vital role in the Indian Economy and employ lacs of skilled and unskilled individuals. So it became vital to solving the funding issue […]
Small Scale Industry or SSIs are one of the most crucial section of the Indian Economy. In this blog, I will be discussing the SSI registration process. If you have not read our previous blog about SSI, we recommend reading it first here. In this blog, I will explain the SSI registration process, Document necessary […]
The ultimate goal of every Business is to keep growing. In India, multiple small businesses start their operations as an LLP. But it becomes critical for them to alter their business structure for expansion and growth at some level. Fortunately, section 366 of Companies Act, 2013 mandates that if an LLP satisfies specific criteria, it […]
With the decreasing rates of Fixed Deposits, many young investors are looking for better investment options. Stock Market is rapidly becoming popular amongst youngsters as an option. As India is a booming market right now, it’s an excellent place to invest via stocks and shares. But, when you invest in shares of any company, it […]
If you are a regular investor in various investment options that offer dividends, you might have heard of Form 15 G and Form 15H. If your tax liability is zero, these forms can help you save TDS (Tax Deducted at Source). As per the new rules that kicked in from 01 April 2020, dividends on […]
Small Scale Industries or SSIs hold an important place in the Indian economy. These industries are indulged in varied business activities like Production and manufacturing of daily use items and certain services, albeit at micro-scale. These industries are generally labour-intensive with minimal technologies and modern tools at their disposal. The investment in basic machinery in […]
India is rapidly becoming a Startup in the world. The rising young generation of India is shifting its focus from traditional to unique and new businesses. The massive population of 1.3 billion also makes India an ideal place to launch startups. This massive population has varied needs, and these needs can be easily converted into […]
Accounting and Bookkeeping, both are critical components of your Business. Theses two components manage your finances throughout the year and ensure your Business runs smoothly and grow. Ultimately, it is well-managed finance that ensures a successful Business. As Accounting and Bookkeeping both are in the management and handling of the finance, some Business owners might […]