Professional Tax Registration Online may be a tax which is regulated and imposed by the government on all salaried people, though, states like Delhi, UP and Haryana are exempted from this tax. This tax is applicable to all types of working professionals such as chartered accountants, doctors and lawyers. It is imposed depending on the individual’s employment, business or profession.
What is FEMA
FEMA stands for ‘ Foreign Exchange Management Act ’, an official Act that consolidates and amends laws regulating foreign exchange in India. The primary objective of FEMA act was “facilitating external trade and payments and promoting the orderly development and maintenance of foreign exchange market in India”. FEMA Compliance was enacted by the Parliament of India in the winter session of 1999 to replace the Foreign Exchange Regulation Act (FERA) of 1973.
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A branch office is a suitable business model for foreign companies looking to establish a temporary presence in India. The Branch Office Registration serves as an extension of the head office business and carries on the same business and activity as that of its parent company.
A company upon its inception or incorporation records the foundation upon which it is built which means that it records the objectives that it has, founding members and importantly its authorized Change in Share Capital. All the things, figures are recorded in the documents that a company holds.
GST or Goods and Services Tax Registration may be a process which makes the taxpayer get himself registered under GST. This registration is very essential for all types of business and it has to be done once after the registration of the business. It is a 15-digit unique license number assigned by the central government thereto particular taxpayer after completing the registration process, and it's referred to as the products and Services Tax Identification Number (GSTIN).
BFSI (Banking, Financial Services & Insurance) sector is leaving no stone unturned in attracting customers by digitalizing their services. Text messaging is among the top advertising media that helps banks and financial institutions to promote their products and services to customers. Not just it promotes the latest financial schemes and policies but empowers these companies to gain a competitive advance in an ever-challenging industry.
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An Closing Limited Liability Partnership Company or indebtedness Partnership is required to file certain mandatory annual returns whether the business operates or not. If the firm fails to file the due returns, then the LLP will be subjected to penalties and prosecution as per the LLP Act and the designated directors or partners of the LLP are liable to face the same penalties and prosecution.
