Company Incorporation

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5 things to Do Before Financial Year 2020

 5 things A Business owner  Should Do Before Financial Year- End. 1.Calculate Payable Advance Tax- Advance tax is payment of Income Tax on 'Pay As You Earn' ruled by Government. It Calculates the estimated income by all source of the organization, calculation of estimated Income Tax Liability and instalments as per due dates of

Latest RBI Updates

The Reserve Bank of India was established on April 1, 1935 in accordance with the provisions of the Reserve Bank of India Act, 1934. The Central Office of the Reserve Bank was initially established in Calcutta but was permanently moved to Mumbai in 1937. The Central Office is where the Governor sits and where policies

what is Limited Liability Partnership

Limited Liability Partnership (LLP) was introduced in India by way of the Limited Liability Partnership Act, 2008. The basic premise behind the introduction of Limited Liability Partnership (LLP) is to provide a form of business entity that is simple to maintain while providing limited liability to the owners. Since, its introduction in 2010, LLPs

Employee estate Insurance Corporation India Explained

Employee estate Insurance Corporation abbreviated as ESIC, it is social security and health scheme which covers sickness, disablement or death issues of the employee and there family also; it is in the welfare of employee for Indian workers. ESIC comes under Employees’ State Insurance Act, 1948; it is founded in 24 February 1952 by

how to register a public company

As per Companies Act, 2013 A Public Company is a Company which is not a Private Company. A Public Limited Company is a company that has limited liability and offers shares to the general public. A private limited company can have a maximum of 200 members while there is no limit on the number

RBI governor Says low rate funds for performing NBFCs

Reserve Bank Governor Shaktikanta Das on Thursday said the market had differentiated between the good and not-so-good non-banking financial companies (NBFCs) and the better-performing firms were able to access funds at pre-IL&FS rates. Currently, “good NBFCs” are able to raise three months commercial paper (CP) at 5-6 per cent interest rate, but the not-so-good

By |2019-12-10T15:51:49+05:30December 9th, 2019|Accounting Services, Company Formation in India, Company Incorporation, Company Registration in Hong Kong, Design, Technology|Comments Off on RBI governor Says low rate funds for performing NBFCs

Impact of tax cut 2019

On sept 20th 2019 the Finance Minister surprised everybody a pleasant surprise indeed when she came out and made a series of announcements to revive a sagging economy. This was the government's decision to reduce the corporate income tax rate from about 30% to an effective rate of twenty 25.17% this has been an assistant

New scheme of SIDBI

SIDBI Loan for MSME New scheme of SIDBI "SPEED" for machinery purchase for MSME To facilitate the flow of credit to Micro Small and Medium Enterprises (MSMEs) for investing in machineries, Small industrial Development Bank of India (SIDBI) has recently launched the new scheme called SIDBI-Loan for Purchase of Equipment for Enterprise Development (SPEED) for

India Private Limited Company Incorporation

What is Private Limited Company? 1. It is a legal Entity approved by the Ministry of corporate affair India incorporated under Companies Act 2. Having feature of Limited Liability which means liability of the members will be limited. 3. Most reliable company setup Model as compare to other company setup model models like Sole Proprietorship,

By |2019-08-01T13:39:20+05:30August 1st, 2019|Company Incorporation|0 Comments