Having a liberalized economy, India became one of the most developed countries at a global level. The franchising sector in India is expanding and this business model is recommended as a way for starting a company in this country. Those who want to open a company in India should know that a franchise business is established through a franchising contract. What are the most developed franchising …
The World Bank every year assign ranks to countries all over the world on the basis of ease of doing business in their countries. These rankings are allotted totalling the score achieved on 10 factors that play a major role in doing business. Top rankings are allocated to countries that have better, more specific regulations …
Basis of e-campaign:The Campaign ending on 31st July, 2020 will emphasize on assessees/ taxpayers who have either not filed the returns or have discrepancies/deficiency in their returns for the FY 2018- 2019.The Campaign promotes voluntary compliance to facilitate tax payers to validate online their tax/ financial transaction information available with Income Tax department for FY …
Labor laws of India are almost almost like laws in the other country. India offers lot of potential for outsourcing IT functions, KPO and BPO operations due to availability of highly skilled and economical resources. So whenever someone cares fixing a subsidiary in India, the primary question is about labor laws in India. during this …
While total financial independence isn’t a simple goal to succeed in , most of the people wish to a minimum of to spend their lives without struggling for creating their ends meet. Financial planning could assist you in meeting your long-term goal, however, you would like to place the plan into effective action. Here during …
MINISTRY OF CORPORATE AFFAIRS vide notification dated 25th February 2020, has published Companies (Auditor’s Report) Order, 2020 in exercise of the powers conferred by: Section 143(11) of the Companies Act, 2013 (18 of 2013) and in supersession of the Companies (Auditor’s Report) Order, 2016, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (ii), vide number S.O. 1228 (E), dated the …
Brief Introduction:- What is Section 194N?Every person, being-(i) a banking company to which the Banking Regulation Act, 1949 (10 of 1949) applies (including any bank or banking institution referred to in section 51 of that Act);(ii) a co-operative society engaged in carrying on the business of banking; or(iii) a post office who is responsible for …
Section 194M As per the existing provisions of Section 194C and Section 194J, an individual or HUF, who are not liable to tax audit under Section 44AB(a)/44AB(b), shall not be required to deduct tax under the provisions of section 194C & 194J. Due to this many payments made by individuals or HUFs in respect of …
Note- the final hearing has not taken place as on 30.06.2019 *** ‘Quantified’ means a written communication of the amount of duty payable under the indirect tax enactment [Section 121(g)]. Such written communication will include a letter intimating duty demand; or duty liability admitted by the person during enquiry, investigation or audit; or …
India is known for many start-ups. We must have noticed that every day some of the other startups get established in our country. Due to globalization, the startup culture is showing a positive trend in recent times. This startup culture is mainly undertaken by those entrepreneurs who are ambitious and want to achieve something in …