Establishing a company is not a one-day task. Before a firm may take its ultimate form, it must complete many processes. Promoters play an important role right from the start of the process. The process of forming a corporation is extensive and involves several steps. The ‘promotion’ stage of the formation process is the first

A provident fund is a type of financial security asset that serves as a reliable and controlled investment option for employees’ post-retirement needs. Periodically throughout their work, people make PF contributions that can be withdrawn at job termination or significant life events like marriage and serious illness. employees had to wait for their employer to furnish their EPF statement

HSN, or the Harmonised System of Nomenclature, was developed by the World Customs Organisation (WCO) in 1988 to systematically classify goods for both domestic and international trade. India, in line with global standards, has adopted HSN codes post-GST implementation, streamlining import and export procedures and reducing costs. What is HSN Code? HSN code stands for

Section 192 deals with the TDS on salary. It mandates every employer to deduct TDS on salary payments in case the salary of the employee exceeds the basic exemption limit. Tax is one of the main reasons amongst others. Employers deduct tax from your salary before paying it in your account and deposits it with

Federal indirect tax body, the Goods and Services Tax (GST) Council on Saturday decided to cut tax rates on a few items such as milk cans and solar cookers, signaled the end of the anti-profiteering regime, and took a slew of measures to improve the ease of doing business, Union finance minister Nirmala Sitharaman said

There are two situations for considering re-opening/revision of annual accounts. It can be considered before adoption by the shareholders at the Annual General Meeting (AGM) of the Company. Also, re-opening can be considered after adoption by the shareholders at the AGM.The word re-opening, re-casting and revision has been used interchangeably in this article, although there

The Government collects revenues from its citizens through various tax forms, and through various services provided by it to the citizens, which includes Water Tax. The administration related to Water Tax in the City of Chennai is vested with Chennai Metro Water Supply and Sewerage Board (CMWS&SB). Water tax payments can be done online Remittance