SECTION 194Q: TDS APPLICABILITY ON PURCHASE OF GOODS Finance Act, 2020, sub-section (1H) was inserted into section 206C of the Income Tax Act. As per section 206C(1H), the seller of the goods receiving the consideration of value exceeding INR 50 Lakhs was required to collect TCS @ 0.1%. The provisions are effective from 1st …
Exemption from filing form 10F till 31ST MARCH 2023 Form 10F is an Income tax form that is giving benefits to the non-resident taxpayer by reducing the tax rate from a higher rate to a lower rate of TDS (tax deduction at source) in India. NRIs can avoid paying double tax as per the Double …
New Guidelines under Section 194R are aimed at providing greater clarity and simplification of the provisions of Section 194R, which deals with the taxability of payments made by companies to banks and NBFCs. GUIDELINES UNDER SECTION 194R OF THE INCOME TAX ACT 1961 Section 194R was introduced by Finance Act w.e.f 1st July 2022 What …
Starting an edtech business in India can be a rewarding and lucrative venture. Starting edtech startup is good idea to reach wider audience. Here are some steps you can follow to start an educational technology company in India: Research the market: Look into the current state of the educational technology market in India and …
HealthTech or healthcare technology is one of the fastest growing sectors in India.There is question arise how to start healtcare platform in India.For this we need to follow some steps which can help for better healthcare system. There are several steps you can take to start a healthtech platform in India: Research and identify …
Digital payments are increasingly being adopted by payment service providers and other market participants as a way to achieve new growth opportunities in India.Start digital payment solutions in India is best option for future purpose because it ensures safety of money.How to start digital payment solutions in India is a keypoints which need following steps …
To start clean energy solutions in India involves many challenges and opportunities.It contain many factors which we study deeply in this blog. Here are some steps you can follow to start a clean energy company in India: Research the market: Look into the current state of the clean energy market in India and identify potential …
Starting an online grocery delivery service in India can be a rewarding opportunity, especially due to COVID-19 pandemic.The current high demand for home delivery of groceries in India makes it an ideal time to consider starting an online grocery delivery service.There is question arise how one can start online grocery business. This increase in demand …
The Right to Information (RTI) Act is a law enacted by the Government of India to provide Indian citizens with the right to access information from public authorities. To file RTI in India helps to hold public authorities accountable by requiring them to respond to requests for information in a timely manner. To file an …
Yes, that is correct. The due date for filing a belated ITR for the FY 2021-22 is December 31, 2022. It’s important to note that belated ITR can only be filed if the taxpayer has missed the original due date for filing their return, which is usually July 31 of the following year after the …
CHANGE IN THE NAME CLAUSE OF A COMPANY The company is identified only by its name. Changing company names amounts to a significant alteration since the Memorandum of Association and Articles of Association need to be altered.A company can change its name by following the procedure to change in name clause of company. The section …
The MCA plans to implement deadlines for the compliance of LLPs and companies.It is important for LLPs and companies to be aware of their compliance obligations and to ensure that they meet these obligations in a timely manner in order to avoid potential penalties or other consequences. STAGGERED DEADLINES FOR COMPLIANCE OF LLP AND COMPANIES …
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.
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