Team ONS 
New Company Registration through Central Registration Centre (CRC)On 25th March, 2016 a part of the website of Ministry of Corporate Affairs (MCA) that is used for filing company data, incorporation details etc. went offline. It came back online 2 days later on 27th March, 2016 with a whole new company registration process. The new MCA21 … Read more
When are directors responsible for acts of Company? Lifting of Corporate VeilA company is a separate legal entity and is different from its directors and shareholders. A company is an artificial person and cannot run by itself. It needs humans for it. There are certain cases when inspite of being a separate legal entity, the … Read more
What is Service Tax Registration in India ?Service Tax is an indirect tax that is paid by service receivers to providers on services availed by them.In this way ‘What is Service Tax Registration in India?’, The tax was introduced in India through Finance Act, 1994 and is regulated by Central Board of Excise and Customs (CBEC). … Read more
Maintenance of Books of Accounts for Start-upsBooks of accounts are an integral part of a business. They are a quantitative representation of the state of affairs of an entity. They provide necessary information about a business entity and tell users about its financial health. Without books of accounts it is almost impossible to judge a … Read more
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