How to avoid notices from Income Tax Department?
How to avoid notices from Income Tax Department? “Prevention is better than cure”, Well ! All of us have heard this quote very often, taking preventive measures to avoid notices from department is definitely a better way-out than curing the defects with consequences. Planning your taxes well will elucidate the matter than thinking to evade […]
Virtual CFO and how it can benefit/help Start-ups
Virtual CFO and how it can help Start-ups What is CFO ? The CFO (Chief Financial Officer), person responsible for managing company’s finances, starting from book-keeping and compliance to financial planning for the organisation and corporate investments. CFO, traditionally had the responsibility to perform all reporting tasks with regard to financial aspects of the Company, […]
Partnership and Format of Partnership Deed
Partnership: As per Section 4 of The Partnership Act, 1932: “Partnership” is the relation between persons who have agreed to share the profits of a business carried on by all or any of them acting for all. Components of Partnership: Persons who have agreed to enter into partnership are called individually, “partners” and collectively “a firm”, […]
ESI Registration
ESI Registration in Bangalore Employee State Insurance, or ESI, is a scheme launched by the Government of India to provide workers with medical, monetary, and other benefits. Employee State Insurance Corporation is the independent authority in charge of ESI, which is overseen by the Ministry of Labour and Employment. Any company with more than ten […]
Bonafide Certificate- Application Procedure
Bonafide Certificate- Application Procedure Bonafide Certificate- Application Procedure A genuine certificate is a document that proves that an individual is a member of a specific educational institute or organization. It is a certificate proving that he or she was enrolled in a specific class and course at the institution during a specified time period. A […]
Find GST Rate, HSN Code & SAC Code
Find GST Rate, HSN Code & SAC Code All goods and services transacted in India are categorized using the HSN code system or the SAC code system under GST. Goods are categorized using the HSN Code, whereas services are classed using the SAC Code. GST rates have been set in five slabs based on the […]
Experience Certificate Format
Experience Certificate Format An experience certificate is a written document that is given to an employee after he or she has completed his or her employment and verifies the employee’s experience in an organization. This page provides an overview of the procedure for providing an experience certificate as well as the format for the experience […]
Form 16- Income Tax
Form 16- Income Tax Form 16 is the format that an employer should use to issue an acknowledgment of TDS deducted from an employee’s salary. Any person who is responsible for deducting tax at source (TDS) from an employee’s salary is obligated to provide the employee with this form in the prescribed format. This article […]
MSME Registration
MSME Registration in Bangalore MSME Registration MSME (Micro, Small, and Medium Enterprises) refers to any business with a revenue of less than 74,87,94,00,000 INR. Analysts believe that they are the foundation of any nation’s economy. These assist the market in ensuring a fair distribution of wealth. As a result, the Government of India provides […]
Resignation Letter Format
Resignation Letter Format Resignation Letter Format A resignation letter is a formal request for an employer’s acceptance of resignation from employment sent by an employee. A resignation letter typically includes the reasons for leaving, the preferred date of departure, and a formal thank you to the employer for providing work thus far. Typically, an employer […]
