Following is a brief summary about how a Limited Company can find investments or additional funds for its expansion or diversificat6ion or for other needs. All the following methods has its own procedures, specifically mentioned in the Companies Act 2013 and related rules. Different companies have different issues and require different funding requirements. Hence the […]
The Employees’ Provident Fund came into existence with the promulgation of the Employees’ Provident Funds Ordinance on the 15th November, 1951. It was replaced by the Employees’ Provident Funds Act, 1952. The Employees’ Provident Funds Bill was introduced in the Parliament as Bill Number 15 of the year 1952 as a Bill to provide for the institution of provident […]
SERVICES AGREEMENT THIS AGREEMENT made at Trivandrum, Kerala, this ____ day of _______ 2020 BETWEEN ……………………….. Private Limited, having CIN No…………….. and having office at ……………………… represented by ………………., the Director of the Company, hereinafter called the “Developer” And …………………………………. Having office at …………………………………….. hereinafter called the “Customer” WHEREAS the Client has requested the Developer […]
Particulars TDS Rates (in %) 1. In the case of a person other than a company 1.1 where the person is resident in India- Section 192: Payment of salary Normal Slab Rate Section 192A: Payment of accumulated balance of provident fund which is taxable in the hands of an employee. 10 Section 193: Interest on securities […]
After the announcement of 20 Lakh crore economic development package , named AtmaNirbhar package, announced by Prime Miniter Sri. Narendra Modi, Smt. Nirmala Sitharaman Finance Minister, Government of India announced the allocation of funds mentioned in the package from May 13, 2020 till May 170,2020 Following are the details Collateral free automatic loans to MSMEs, […]
Registration in Single Class The registration in single class, will gives protection under that class only. Otherwise we should go for multiple class registration, which will be expensive. For example ‘cococola’ is registered in the class relating to food and beverages and somebody is applying cococola in class relating to construction, then authorities will consider […]
The most important feature of a Corporate form or Company form of entity is its Limited Liability and Seperate Legal Entity concept. These concepts ensuers saftey for the investments and assets of the Owners. These concepts acts as a shield for the owners, investors and directors against third parties Limited Liability Concept The privilege of […]
കമ്പനികളുടെ (ഡയറക്ടർമാരുടെ നിയമനവും യോഗ്യതയും) റൂൾ 12 എ ചട്ടങ്ങൾ അനുസരിച്ച്, ഒരു സാമ്പത്തിക വർഷത്തിൽ മാർച്ച് 31 ന് മുൻപ് DIN അനുവദിച്ച ഓരോ വ്യക്തിയും അടുത്ത സാമ്പത്തിക വർഷം സെപ്റ്റംബർ 30 നകം KYC സമർപ്പിക്കണം. . ഓരോ സാമ്പത്തിക വർഷത്തിൻറെയും നിശ്ചിത തീയതിയിൽ DIN ഹോൾഡർ തന്റെ വാർഷിക DIN KYC, DIR 3 KYC എന്ന ഫോമിൽ ഫയൽ ചെയ്യുന്നില്ലെങ്കിൽ, അത്തരം DIN ‘inactive എന്ന് അടയാളപ്പെടുത്തുകയും കെവൈസി പൂർത്തിയാകുന്നതുവരെ അത്തരം […]
One Person company and Private Limited Company falls under the same category as per Companies Act 2013. But both company forms have their unique advantages and differences. Some major difference between the two type of entities are as follows: Sl. No One Person Company Private Limited Company 1 Number of Share Holders – OPC has […]