Limited Liability Partnerships (LLPs) are a popular business structure due to their flexibility and limited liability protection. However, maintaining compliance with filing requirements is essential for LLPs to ensure their legal standing and avoid potential penalties. When an LLP fails to meet its filing obligations, it may face the prospect
The Goods and Services Tax (GST) changed the Indian business world big time in 2017. It replaced a complicated indirect state and central tax system with one streamlined system, making things easier & clearer. But how does GST help startups in 2024? Let’s dive in to find out the main
Form 10-IEA allows individuals or HUFs to continue with the old tax regime for the financial year 2023-2024. The form is not required to be filed by persons filing ITR 1 or ITR 2. They can choose the Old regime of taxation on the ITR itself. Proposed by the Central
Starting a business in India is quite an exciting prospect! But getting through all of the regulations and processes can be tough. Below is an informative guide to help you set up your business in India.
Recent years include exponential growth in the Indian startup business, stimulating innovation, job creation, and economic growth. Without the Startup India initiative, the government of India’s flagship program that supports and encourages new firms, the development would not have been possible. The requirements for registering a starting corporation must be
