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Showing posts from June, 2022

Everything you should know about MSME Compliance

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  MSME  (Micro Small and Medium Enterprise)  Compliance  is the pillar for the overall economic growth in both developed and developing countries across the globe.  For all developed and emerging nations, micro, small, and medium-sized enterprises are the driving force behind progress. The MSME sector in India accounts for 45% of all industrial employment, 50% of all exports, and 95% of all industrial facilities in our nation.  The government of our nation has taken numerous actions and provided perks to assist the owners of these MSMEs in both managing and running their businesses successfully. These tracks aid in the methodical record-keeping necessary to speed up our nation's GDP growth in the long run.  We shall examine the  MSME Compliances  in detail in this blog. DIFFERENCE BETWEEN SMALL AND MICRO ENTERPRISES  Small enterprises are those where the manufacturing units made a minimum of Rs. 50 lakhs or say below. Micro Ent...

Checklist for Start-up Company Annual Compliance

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#1 Income tax filing  The very first  Annual Compliance  for start-ups is the Income Tax Filing. Here, the financial year in India is from 1st April to 31st March and after this year ends every company and entrepreneur as per the Income-tax slab of the particular year is needed to file the Income-tax and file an ITR too.  Note:  The Start-ups are mandated to file for an Income tax even if they have not made any profit for the financial year.  To make financial statements, prepare income tax returns, and file income tax returns, you must gather all of the bills, vouchers, and other papers that show financial transactions as soon as the fiscal year closes. Then, you must contact a Ca, Cs, and ICWA firm. In any case, if you missed filing the Income-tax Return, then you may have to pay a high non-filing or even late filing fees, and if delay then legal action can be taken against your start-up company. #2 Renewal of licenses When starting a business in India th...

6 Reasons why hiring CA for your business is Important

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  In terms of the company's finances, hiring a good  CA in Vaishali Nagar Jaipur  may assist managers and owners with legal and financial guidance, strict bookkeeping, cost-cutting yet effective strategies, and so on. A Chartered Accountant continuously helps in making all the better decisions for your firm/business. As your firm would not be able to thrive without the help of a certified   CA In Jaipur   reason being financial assistance to legal prospects cannot be handled by anyone.  The following are 6 reasons why CA professionals are important to have for any type of business:  #1 Manages the Expenses  It is one of the foremost roles played by the  Chartered Accountant  to manage and be cost-efficient at the same time. And if there is no track of any cash flow then the expenses might be much more than just profit and gain. A CA person helps business holders to save a lot of money. It's their responsibility that the company do...

How to Forgo Being Rejected for a Trademark

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Many big firms have begun to obtain  Trademark Registration in Mumbai  (India). Applying for a trademark before the registration process is complete, carries the danger of the application is denied at any time. By any means, if your application gets rejected then your company name will be compromised. All your energy, effort, time, and money will be wasted. On that account, for your brand to be successful, one must be careful enough when choosing a brand or company name. Avoid employing words or symbols that have been borrowed. In this blog, we will discuss how to avoid rejections of  Trademark Registration .    Meaning: Rejection of Trademark Application   According to the Professional Chartered Accountants, a well-registered trademark owner prevents the unauthorized use of the trademark and creates significant corporate assets. The lengthy  trademark registration  process normally takes between 12 and 18 months to determi...

PRIVATE LIMITED COMPANY REGISTRATION IN JAIPUR, RAJASHTAN

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When you are planning to have a startup set up as a  Private Limited Company in Jaipur  then one should be aware of all the requirements which are relative to the  Company Formation in Jaipur . The Registrar of companies (RoC) goes with one-by-one process for the registration of a  Private Limited Company in Jaipur.      Many startups begin their venture without any proper documentation or  company formation in Jaipur . This generally leads to confusion in addition to a lot of risk of increased liability. Entrepreneurs tend to create a format of incorporation of  PVT LTD Company Incorporation in Jaipur , in in order to capitalize on various advantages.  Company Formation in Jaipur  or in any part of India will help you to reach the maximum profitable targets.   What are the advantages related to  Company Formation in Jaipur?   LIMITED LIABILITY FOR BOTH PROMOTERS & SHAREHOLDERS     T...