Highlights of the 2019 Budget Updates for You to Note in India The objective of the 2019 budget presented by the Modi Government was to boost investment in the economy, which had been displaying signs of a slowdown. There were no significant changes in personal income tax rates, but the rich would have to pay…
Hiring a Company Director in India: Qualifications and Responsibilities In a family, each member has their own responsibilities. In other words, it is the head who takes the decision for the betterment of the family. Similarly, in a company, the director acts as the head and takes decisions for the growth. It is the duty…
Everything You Need to Know About a Company Director’s Liability in India Confusing the company with the company’s director is a common mistake. A director is indeed responsible for the company, but the company and the director of the company are judicially two different entities. So, there are certain clauses related to a director’s liability…
Identify the Types of Directors in a Company in India A company has a board consisting of directors who are in charge of managing the business. In other words, they are responsible for planning strategy, making decisions, and ensuring that the company reaches its goals. There are different types of directors in a company, and…
Know About the Eligibility & Procedure for MSME Registration in India MSME refers to micro, small, and medium enterprises in India. The MSME Act was passed in 2006 to enhance the development of micro, small, and medium enterprises (MSMEs) and foster competitiveness among them. The MSMEs receive certain benefits, which even large-sized companies are not…
Tips for You to Choose the Right Business Structure for Your Company Waving the starting flag for a new business may sound quite fancy, but the reality is entirely different. In fact, without having an appropriate plan to work on, your work may get completely screwed. If you are one of those entrepreneurs striving hard…
Starting a Company India: Things You Have to Do Post Registration for LLP Have you checked the post compliance list to start your business as LLP? If not, then you must think about post-registration for LLP to receive the certificate of incorporation. Deciding on a business entity is the first step towards entrepreneurship. If you…
Copyright Registration Guidelines: Things to Know About Copyright Registration in India Copyright acts as a crucial tool that helps in safeguarding your intellectual property. Apart from protecting the new works, Copyright Registration ensures inventors obtain enough compensation. Though it’s optional, getting a copyright is superlative as its law guards the expressions of ideas. The rules…
Things to Know When Applying for Trademark Registration in India With the passing time and rising competition in the world of business, numerous businesses prefer to traverse on others for support. However, by considering trademark registration, you can ensure that others do not benefit from your efforts. In today’s world, the trademark is not only…
Voluntary GST Registration Application Guidelines Every business that has no prerequisite to register under the Goods and Services Tax can voluntarily register themselves under the latest tax system. In India, multiple businesses choose Voluntary GST Registration to conquer the falls of the composition scheme. Any company whose turnover does not go beyond the 20-lakh limit…
