Author: CA Ruchi Shah

Startup India – Creating Entrepreneurs

What is Startup India? “A startup is not just about mobiles and laptops. It does not only mean a company with billions of dollars and 2,000 employees. If it is able to provide employment to even five people, it would help in taking the country forward,” – said PM Shri Modi. It is a mission

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7 Reasons To Incorporate A Limited Liability Partnership (LLP)

LLP Formation-Easy and Online As compared to a private company, the number of compliances are lesser in case of Limited Liability Partnership (LLP). It is very easy to form a LLP, as the process is very simple as compared to Companies and does not involve much formality. There is less paperwork as incorporating it can be

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7 reasons to Incorporate a Private Limited Company

A private limited company is a type of privately held small business entity that limits owner’s liability to their shares in major. In forming a new Limited Company, you are creating something new that is yours to grow and develop. Listed here are advantages of Private Company. 1. Team Building Easy to attract quality workforce

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What are the tax rates and due dates for Service Tax Payment?

1. Service Tax Payment For the quarter/month ending March, the due date for service tax payment shall be March 31. Where tax is paid in modes other than electronically, the due date for payment of service tax shall be 5th of the following quarter/month respectively. Interest on delayed payment W.e.f October 1, 2014, rate of

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Why and when is Service Tax Registration required?

What is service tax? It is a tax payable on the services rendered by the service provider. It is a Union levy, with a selective approach, whereby it is applicable to selected categories of services and not all. The services are classified as negative list of services, declared services and exemptions accordingly. Who should pay

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