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Compliances

All you need to know about Small Companies under the Co...

Small Companies under the Companies Act, 2013

The concept of small company was introduced under the Companies Act of 2013 with a view to provide advantages for small businesses functioning as a private...

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RBI Notification

RBI Extends Timeline for Processing of Recurring Online...

Recurring Online Transactions

In a major announcement, the Reserve Bank of India extended the timeline for processing of recurring transactions by six months to 30th September 2021. Wit...

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GST

Difference between Regular GST Scheme and Composite GST...

Difference between Regular GST Scheme and Composite GST Scheme

Introduction Businesses with an annual turnover above a certain threshold are subject to the Regular GST Scheme, which mandates meticulous record-keeping,...

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GST Registration

All about GST Registration for Branches & Business...

GST Registration for Branches

As per the GST Act, the business entities operating in two different states must obtain separate GST numbers. The article talks about the provisions relate...

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MCA Notification

New MCA Scheme for Condonation of Delay of Certain Comp...

New MCA Scheme for Condonation of Delay of Certain Companies

The Ministry of Corporate Affairs announced vide circular no. 3/2021 for condonation of delay scheme for companies restored by National Company Law Tribuna...

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Taxation

All about Online TDS Payment Challan

All about Online TDS Payment Challan

TDS is an abbreviation for tax deducted at source, which is managed by CBIT (Central Board of Indirect Taxes). TDS deducts a certain amount from the paymen...

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GST Registration

GST Registration for Sole Proprietorship: Here’s all...

GST Registration for Sole Proprietorship

GST came into force on 1st July 2017 as the only indirect tax applicable in the country. Implementation of GST has made the tax process simpler and of less...

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RBI Notification

Extension of timeline for non-bank Payment Aggregators:...

Extension of timeline for non-bank Payment Aggregators

The Reserve Bank of India recently extended the deadline for the implementation of new rules for payment gateways and for online merchants. RBI stated that...

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