What is the Difference Between VAT and CST ?There is always confusion what is the Difference between VAT and CST. Hence, today we discuss what is the difference between VAT (Value Added Tax) and CST (Central Sales Tax) .VAT (Value Added Tax) and CST (Central Sales Tax) are indirect taxes that are levied on sales of goods.Whenever … Read more
List of statutory registers as per Companies Act, 2013 As per statutory registers companies act2013 every company whether private or public is required to maintain certain records and registers, to adhere to the statutory requirements and to ensure systematic operating of an organization. This is known list of statutory registers. List of statutory registers to … Read more
Is Partnership Registration Mandatory ?Is Partnership Registration Mandatory as the name suggests is a firm formed by 2 or more people who wish to do business together. It is an association of persons who want to perform business activities. In a partnership every partner has unlimited liability and is governed by Indian Partnership Act, 1932.Another … Read more
How to Start Import Export Business in India Legally? Recently, we have witnessed boom in import and export of goods and services in India, Thus creating great opportunities for entrepreneurs to start import export business in India. Due to globalization, export and import has become very integral part for country’s economy. As no country can … Read more
Limited liability partnership is a partnership, in which liability of partners is limited, which means it can have benefits of both partnership and company. It is formed under limited liability partnership act, 2008. We shall now understand the concept of designated partner and What is DPIN and DPIN full form DESIGNATED PARTNER in LLP is … Read more
What are the responsibilities of a director in case of bouncing of cheque?What is bouncing of Cheque? Dishonor of cheques, commonly known as bouncing of cheque is a serious offense and the laws are quite strict about it. If someone is proven guilty then he can either end up in jail for a maximum of 2 … Read more
How to apply for Service Tax Registration?What is Service Tax?Service Tax, as the name suggests is a tax on services. It is an indirect tax that is levied by the Central Government on services provided by a service provider. The service provider needs to collect it from the receiver and remit it as per Service … Read more
3 Essentials of a Brilliant Consultancy Agreement:A company over its life requires a lot of help from independent consultants like Chartered Accountants, Lawyers, Valuers, Engineers i.e. experts in specific fields.Hear we shall discus to 3 essentials of a brilliant consultant agreement. The company will normally not have them on roles like other employees because that infringes their … Read more