Sections Income Tax Deduction for FY 2019-20 (AY 2020-21) Who can Invest? Limit for FY 2019-20 (AY 2020-21) Section 80C Investing into very common and popular investment options like LIC, PPF, Sukanya Samriddhi Account, Mutual Funds, FD etc Individual Or HUF Upto Rs 1,50,000 Section 80CCC Investment in Pension Funds Individuals Section 80CCD (1) Atal […]
Following message was released from Ministry of Corporate Affairs on 23-01-2020 (i) Stakeholders may please note that as part of Government of India’s Ease of Doing Business(EODB) initiatives, the Ministry of Corporate Affairs would be shortly notifying & deploying a new Web Form christened ‘SPICe+’ (pronounced ‘SPICe Plus’) replacing the existing SPICe form. (ii) SPICe+ would be an integrated […]
All documents should be scanned in a document scanner with more than 300dpi resolution in color or black and white or bring to the office എല്ലാ ഡോക്യൂമെന്റുകളും കമ്പ്യൂട്ടറും ആയി കണക്ട് ചെയ്ത ഡോക്യുമെന്റ് സ്കാനർ ഉപയോഗിച്ച് സ്കാൻ ചെയുക. 300 dpi റെസൊല്യൂഷനിൽ കുറയരുത്.ബ്ലാക്ക് ആൻഡ് വൈറ്റ് ലോ കളർ ലോ സ്കാൻ ചെയ്യാം. അല്ലെങ്കിൽ ഓഫീസിൽ നേരിട്ട് എത്തിക്കുക Document scanned with mobile […]
First Board Meeting within 30 days Filing of particulars relating to Registered Office, if required, within 30 days Certificate of commencement of business: To be obtained within 6 months from incorporation (applicable only for companies and not on LLP’s) RoC and RBI compliances: In case, you are receiving any funding from any third party, we can assist […]
Requirement after Incorporation: Every Nidhi Company shall, within a period of one year from the commencement of these rules, ensure that it has— Minimum number of members should be 200; Net owned funds shall be Rs.10,00,000/- or more (‘Net owned funds’ means the aggregate of paid up equity share capital and free reserved as reduced […]
The application for Registration of a Private Limited Company is filing with the Central Registration Authority, under the Ministry of Corporate Affairs. The approval is subject to the discretion of the concered officer and subject to the submission of proper documents. Following are the documents required for Registration of a Company for Indian residents Last […]
Limited Liability Partnership requires a minimum of two partners. However there is no maximum limit like a Private Limited Company. For a Private Limited Company, maximum number of members is limited to 200 Lesser compliance costs :-Now a days the, its very difficult to do statutory compliances, since new eforms and disclosure norms has been […]
Annual general meeting (AGM) is an important annual event where members get an opportunity to discuss the activities of the company. Section 96 of the Companies Act, 2013 provides that every company, other than a one person company is required to hold an annual general meeting every year. Following are the key provisions regarding the […]
Limited Liability Partnership has been introduced in India by way of Limited Liability Partnership Act, 2008. A Limited Liability Partnership, popularly known as LLP combines the advantages of both the Company and Partnership into a single form of organization. In an LLP one partner is not responsible or liable for another partner’s misconduct or negligence; […]
A society is an association of persons united together by mutual consent to deliberate, determine and act jointly for some common purpose. Societies are usually registered for promotion of charitable activities like education, art, religion, culture, music, sports, etc., In India, The Societies Registration Act, 1860 lays down the procedure for society registration and operation […]