Form 11 comprises an annual return i.e to be furnished by all LLPs no matter what the turnover is in that year. Also, Limited Liability Partnership (LLP) does not have any operations or business in the fiscal year, Form 11 is required to be furnished. Apart from the basic details about the Name, and Address of LLP, […]

EPF is a retirement benefits scheme under the Employees Provident Fund and Miscellaneous Act, 1952, where an employee has to pay a certain contribution towards the scheme and an equal contribution is paid by the employer as well on a month on month basis. The Scheme is managed by Employee Provident Fund Organization (EPFO).  The

The Central Sales Tax Act, 1956 defines the guidelines which determine if a trade can be categorised as a sale or purchase of goods by way of inter-state commerce in order to outline the conditions and restrictions regarding the tax that is imposed. Introduction: The structure and sections of the Indian tax system is fairly

Transfer pricing can be defined as the value which is attached to the goods or services transferred between related parties. In other words, transfer pricing is the price that is paid for goods or services transferred from one unit of an organization to its other units situated in different countries (with exceptions). Transfer price, also

State Bank of India (SBI) offers a vast array of loans to cater to the financial needs of the Small and Micro Enterprises (SME) sector. Individuals who are engaged in income-generating activities in the manufacturing, trading, and services sectors can avail loans ranging between Rs.5 lakh and Rs.500 crore. The interest rates charged on these loans range

The Indian Contract Act, of 1872 primarily governed the employment contract in India. An employment agreement is a mutual contract between the Employee and the employer that rules the terms of employment. Like any other agreement under the standard law system, the vital requirements of the employment contract letter include an offer, consideration, acceptance, lawful

The Indian Contract Act, of 1872 primarily governed the employment contract in India. An employment agreement is a mutual contract between the Employee and the employer that rules the terms of employment. Like any other agreement under the standard law system, the vital requirements of the employment contract letter include an offer, consideration, acceptance, lawful

Preference shares or preferred stocks are company stocks which extend dividends to its shareholders. Though such shares extend a fixed dividend, they do not come with any voting rights. Notably, a company often issues different types of preference shares which are distinct in their features and associated benefits. What are Preference Shares? Preference shares or preferred stocks come

The primary objective of the revisions made to the Companies Act 1956 was to have a simplified law that will be able to address the changes taking place in the national and international scenario, enable the adoption of internationally accepted best practices and also provide flexibility in response to the ever-changing business models. One such

Ease of Doing Business Portal has been launched by the Ease of Doing Business Department of Assam from June 17, 2019.  Dept of Labour & Welfare -Inspectorate of Factories Dept of Revenue & Disaster Management. Dept of Health & Family Welfare Commissionerate of Food Safety. In addition to these departments, Single Window Agency under Department