Reverse Charge Mechanism under Service tax laws

Here is a complete overview of service tax reverse charge mechanism. Let us explain it in details. Know when and where it is applicable. The post gives you full details on the service tax reverse charge. As per service tax rules, every service provider collects the service tax. The service provider ultimately pays the tax…

GST Registration Services in India

Migration to GST The government will be rolling out GST from 1st of July 2017 and hence it is now high time to do GST migration. Excise and service tax assesses need to be migrated to the new Goods and Service Tax. The process is thought to be completed by 31st of March 2017. Hence…

Effects of Budget 2017 on Small Businesses

H’ble Finance Minister Mr. Arun Jaitley rolled out some good news for the small companies through the Union Budget 2017. The major attraction is surely the deduction of corporate income tax to 25% gradually. The Finance Minister also addressed the viability of MSME companies. This post details you how small businesses will get affected by…

Conversion from Limited Company to Private Limited Company

Do you want to change your limited company to private limited company? There are many companies looking for such conversion. The main reasons are the relaxations available to a private company. However there are some legal bindings related to the conversion of a public limited into a private limited. This post presents guidelines for those…

How to Legally Register a One Person Company

While starting your own business, the very first question that comes to mind is that how to form the company. This post presents a step-wise procedure to legally register a one person company. As per the Companies Act 2013, section 2(62), a One Person Company means a company that has only one member. Any person…

Auditor Resignation/Appointment, Intimation and Related Formalities in Companies Act 2013

The Companies Act 2013 prescribes a specific procedure for auditor resignation. The Auditor is appointed in the companies under section 139 of the Companies Act, 2013. If an auditor wants to resign from his post, he must intimate the registrar of the companies or ROC in the prescribed form and manner. The intimation shall be…

All AboutSPICe – Beginning of a New Era in Indian Corporate System

Explore all information on SPICe and how it marked a beginning of a new era in the Indian corporate system. The Ministry of Corporate Affairs has introduced a new SPICe Form INC-32. As the whole country is going digital with most of the procedures, this is a significant step by MCA. If u wants to…

10 Tips to Submit a Full proof Trademark Application

Trademark is one of the best ways to earn brand recognition. Trademark gives a legal right to the company to use a particular logo or a symbol to identify their business or a particular product. A Trademark application has to be made with the Ministry of Trademarks to get the trademark registered. Securing a Trademark…