Tax Deducted at Source (TDS) is a tax collection mechanism used by the Indian government to ensure the collection of taxes at the source of income. As a taxpayer or a deductor, it is essential to understand the TDS provisions and comply with them to avoid penalties and legal consequences. However, despite best efforts, mistakes […]
TDS Correction: How to Fix Errors and Avoid Penalties Read More »
For many start-ups and small and medium-sized enterprises (SMEs), having a full-time chief financial officer (CFO) is not always feasible. However, financial management is crucial for the success of any business, regardless of its size. This is where virtual CFO services come in. In this blog, we’ll explore how virtual CFO services can empower start-ups
Investing and trading can be great ways to build wealth and secure your financial future. However, many people are intimidated by the thought of starting with a small amount of capital. The good news is that with some knowledge and strategy, it’s possible to maximize returns with minimal capital. In this blog, we’ll explore some
Corporate litigation refers to legal disputes or controversies involving companies and their stakeholders. It can arise from a variety of issues such as breach of contract, disputes among shareholders, employment matters, intellectual property disputes, regulatory compliance, and more. Corporate litigation can have a significant impact on a company’s reputation, financial stability, and future prospects. Effective
Understanding Designated Partners of LLP A Limited Liability Partnership or LLP is a type of business structure that combines the features of a partnership and a company. It is governed by the Limited Liability Partnership Act of 2008 and has been gaining popularity in recent years due to its numerous advantages. One of the most
This is a list of important due dates for various compliance obligations under different Acts such as the Goods and Service Tax Act, Income Tax Act, FEMA, LLP Act, and Companies Act, 2013 for the month of May 2023. These due dates are crucial for corporates to ensure they remain compliant with the various regulations
AI in legal research refers to the use of artificial intelligence (AI) and machine learning (ML) algorithms to automate and improve the process of legal research. Legal research is an essential part of the judicial process, and it involves reviewing and analyzing legal cases, statutes, and regulations to build a strong case for litigation or
As we approach the end of the financial year, businesses must ensure that they comply with all statutory tax requirements. This can be a challenging task, especially for small and medium-sized enterprises. However, with the help of a statutory tax compliance tracker, businesses can easily manage their compliance obligations. What is a Statutory Tax Compliance
Legal Framework of Collective Bargaining in India: An Overview Collective bargaining is a crucial aspect of labor relations that allows workers to negotiate with employers for better wages, working conditions, and benefits. In India, the Industrial Disputes Act, 1947 (IDA) is the primary legal framework governing collective bargaining. The IDA defines collective bargaining as a
ITR stands for Income Tax Return. ITR forms are the forms that taxpayers in India use to file their annual income tax returns with the Income Tax Department. There are several types of ITR forms available, depending on the taxpayer’s income sources, income amount, and other factors. The different ITR forms include ITR-1 (SAHAJ), ITR-2,
Surviving and thriving in today’s world as a Chartered Accountant can be challenging, with the emergence of new technologies like Artificial Intelligence (AI) and Machine Learning (ML). How Chartered Accountants can Leverage AI and ML to Enhance Their Services – Chartered Accountants (CAs) can leverage Artificial Intelligence (AI) and Machine Learning (ML) to enhance their
As the world becomes increasingly interconnected, more and more people are living and working abroad. However, many of these individuals face challenges when it comes to accessing financial services in their home countries. This is especially true for non-resident Indians (NRIs) who want to use the Unified Payments Interface (UPI) in India but have international
Legal Suvidha has been a one-stop Compliance Provider for all start-ups and entrepreneurs.
Want to Setup your business in India? Connect with the best Online Registration, Licenses and Return filing solution providers for business across India. Since 2007, LegalSuvidha has been a one-stop shop for all startups or entrepreneurs looking for a chartered accountant, company secretary or lawyer. We have been ensuring Startups and SMEs are fully compliant with India’s legal system. Over the past 15 years, the depth of our offerings has increased and that too at affordable prices and customer satisfaction has made our standing different and we are giving a tough competition to other online facilitators of legal services in India. We have the best team for Company incorporation, Trademark Registration, Auditing, Advisory and Tax Filing for large, medium, small businesses and Startups in India.
Most of the budding entrepreneurs are in dilemma about what kind of entity to register when they start their business. Should it be a private limited company, limited liability partnership, partnership firm, one person company or a sole proprietorship? Each of these has its advantages and disadvantages. The type of entity should be chosen only after one round of consultation with our experts, as they will be in a better position to guide on the same. For example, Registering as a private limited company would be a good fit for any venture that will look for funding at a later stage. You can contact Legalsuvidha for any type of registration and advice you need for your business transactions. We assure you of great professional service at a reasonable price. You can connect with us for a free check on the Company name availability.
The importance of intellectual property is very much but most of the businesses are not aware of the same. We at LegalSuvidha simplify the process for you to register a Trademark for your brand, to get copyright for your artistic, creative ability and will also help you in patenting the process after a proper patent search patents which will ensure that you have sole rights to your creation, be it your brand, your designs or your inventions. At Legalsuvidha, we are very well equipped to handle all your IP requirements. We facilitate trademark applications in just two days, copyright registration for all your software, pictures, audio, and video content, and can connect you to patent attorneys to conduct a patent search and file your patent applications.
To do any business in India, you need a license for almost everything. Started a manufacturing business? You need a GST Registration and a Trade License. For a food business, you need an FSSAI license. In case you have employees, You need a Professional Tax registration and Shops & Establishments Act Registration. If that’s not enough, you also need to file GST Returns and Professional Tax Returns.
There is a lot of importance of legal documentation when you start your business, whether with your Investors, partners/co-directors, employees and any vendors you deal with. By getting a lawyer to draft contracts or agreements with new vendors, employees, and investors, you’re ensuring that you have all the downsides covered. At LegalSuvidha, we connect you to lawyers who will deliver complex documents, from shareholders’ agreements and founders’ agreements to terms of service/privacy policy and non-disclosure agreements, at a reasonable cost in a few days.
It’s not enough to have started a private limited company or an LLP. You need to comply with all the requirements of the Ministry of Corporate Affairs, Central Board of Indirect taxes and Central Board of direct taxes once you register your business. You need to inform them of every relevant change you make, whether it is adding a director, removing a partner or increasing authorized share capital. You also need to file annual returns and maintain your accounts. In the case of a private limited company, you even need them audited. At LegalSuvidha, we facilitate all these services completely online. This means you can engage a professional on retainer for the year and we’ll ensure that all the formalities are completed for you while you focus on your business.
We are Authorized e-return Intermediaries and have recently launched our own ITR filing platform, this will help the salaried employees and businesses to get their ITR filed within the time and at a reasonable price. Through the use of automation, the system is highly effective and will help in filing ITR in up to 10 minutes for Salaried employees. We have on-boarded the best Chartered Accountants who will provide consultation for both Salaried employees and Businesses to file proper taxes to the government of India. This will help in avoiding legal notices in the future and will also help in getting the returns processed at the earliest. We are the first in the market to launch the ITR filing facility for FY 2018-19.
Legal Suvidha © 2013-2024. All Rights Reserved.
