Understand The Concept Of LLP In Businesses

Nowadays, LLP is the preferred choice for company registration for Entrepreneurs. As Businesses made progress there was a need for a form of organisation which was a hybrid between the 2 forms of organisations. Moreover, the rapid growth of Service Sector created an...

23rd GST Council Meeting – Changes to Composition Scheme

In the 23rd GST Council Meeting held on 10th November 2017, various measures to improve compliance and reduce the burden on taxpayers were announced. Small businesses can enroll under the GST Composition Scheme to pay GST at a flat rate and file simplified quarterly...

23rd GST Council Meeting – GST Rate Changes for Services

GST Rate Changes for Services GST Registration for Service Providers through E-Commerce In the 22nd GST Council Meeting, it was decided to exempt those service providers whose annual aggregate turnover is less than Rs. 20 lakhs (Rs. 10 laths in special category states...

What is a Private Limited Company?

  A private limited company is one type of business structure. In the Indian context, we can divide the question into three distinct parts.   Company “Company” is a business entity that is separately taxable for income that it earns.    An...
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