Introduction:- The process of obtaining a GST number involves submitting an application and providing required documents to the relevant government authority. Here are the steps to obtain a GST number in India: Visit the GST portal (www.gst.gov.in) and click on “Register Now”. Fill in the necessary details in the registration form and submit it. You…
Why Business Needs Terms And Conditions Agreement?
Introduction:- Terms And Conditions Agreement A terms and conditions agreement is an essential legal document that outlines the rules and guidelines for the use of a product or service. It sets out the terms of the relationship between the business and its customers or clients, and governs the rights and obligations of each party. Here…
Get Due Diligence Audit Report
Due Diligence Report: An Overview Due diligence is a process typically carried out by investors to ensure that a company is consistently complying with all relevant laws and business procedures. This process is usually conducted prior to any bank loan funding, business sale, private equity investment, or other transaction. During the due diligence process, the…
What is the procedure for change of object clause of private company ?
Introduction The object clause of a private company is an essential part of its memorandum of association. It specifies the primary objects for which the company was formed and defines the scope of its activities. However, there may be instances where a private company may need to change its object clause to expand its business…
Investment Pitch deck | Business Plan
Investment Pitch Deck – an Overview Before seeking funding for their business, entrepreneurs should ensure they have a strong investment pitch deck in place. This pitch deck is a vital part of the financing process as it increases the likelihood of securing funding by capturing the interest of potential investors and getting them talking about…
Section 8 Company Registration
Section 8 Company Registration – An Overview Under the Companies Act of 2013, a Section 8 Company—also known as a not-for-profit organization—is incorporated to advance a variety of social, economic, scientific, educational, religious, and charitable goals. With a few notable exceptions, the registration procedure for a Section 8 company is very similar to that of…
Common mistake while online hra calculator with monthly
Introduction The Human Resource Department of any organization plays a crucial role in managing employee benefits and compensation. One such important aspect of compensation is calculating the House Rent Allowance (HRA) of employees. HRA is a component of salary paid to employees to cover their house rent expenses. With the advent of technology, online HRA…
How is HRA calculated for salary?
Introduction HRA or House Rent Allowance is a component of salary provided by an employer to an employee to help them meet the cost of renting a house. It is a popular tax-saving tool for salaried individuals, and the HRA calculation is based on a few factors, such as the employee’s salary and the amount…
Knowing Details eligibility of designated partner ?
Introduction : In India, a Limited Liability Partnership (LLP) is a popular business structure for small and medium-sized enterprises. An LLP must have at least two designated partners, who are responsible for the management and operations of the LLP. In this blog post, we will discuss the eligibility criteria for designated partners of an LLP….
Write Expert Advice for designated partner liability ?
Designated Partner Liability: Expert Advice for Small Business Owners In India, Limited Liability Partnership (LLP) is a popular business structure due to its flexibility and ease of operation. In an LLP, the partners have limited liability, which means their personal assets are protected in case the business fails. However, designated partners in an LLP have…