MCA Announced a new eform- INC 22 A (ACTIVE)

MCA has come up with a new update which orders every company to file a new form INC-22 A –ACTIVE. Here is all about new form ACTIVE (Active Company Tagging Identities and Verification)   Applicability All company registered on or before 31st December 2017 has to mandatorily file new eform INC-22 A with the basics […]

E M I or TRAP ???

Equated Monthly Instalment (EMIs). Actually there is no rule of how much is a perfect EMI, but, there should be some criteria for it, otherwise the income is less and the EMI outgoing increases.  And once you start, then you get stuck in that trap and it becomes very difficult to exit. An EMI Trap […]

Income tax slabs 2019-20: Income tax limit raised to Rs 5 lakh

Company registration in Pune

Individuals with gross income up to Rs 6.5 lakh will not need to pay any tax if they make investments in provident funds and prescribed equities that are tax-saving schemes, while it may move up further with additional avenues like NPS, medical insurance and home loan interest payment, the finance minister said. Around three crore […]

Comparison between Partnership Firm and (LLP ) Limited Liability Partnership

Partnership Firm Registration in Pune

Partnership Firm Limited Liability Partnership (LLP) Partnership Firms are registered under the Partnership Act 1992 LLP is registered under the Limited Liability Act 2008 Ministry of Corporate Affairs. (ROC) Partnership Firms do not have Separate Legal Entity Status LLP  has Separate Legal Entity status No Limited Liability feature Limited Liability feature available Foreign Direct investment […]

STARTING A BUSINESS: HOW TO BECOME AN ENTREPRENEUR?

Start Up Launch Business Ideas Plan Creativity Concept

Being an entrepreneur is no easy task, yet there is a common perception that starting a business is very rewarding. The most difficult part is overcoming the comfort of a job and taking the first step towards entrepreneurship. Many people have business ideas that remain only on paper. Still, others dream of becoming businessmen but […]