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Showing posts from April, 2023

Consultants for GST Registration in India

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Consultants for GST Registration in India The consultants for GST Registration in India are the professionals who provide the service of registration under GST. These services are available to individuals and business entities who need them for a certain fee. They can also help in assisting them with the various documents that they need to provide and get a valid tax registration certificate. Consultants for GST Registration in India are experts in preparing the necessary documents required by clients. These include proof of the person's identity, PAN card, address proof, bank statements and other important documents. They can also help in preparing a tax return or helping with filing of e-way bills for moving goods. Consulting for GST Registration in India is a crucial step for businesses, especially those who are selling their goods or services online. This is because it is impossible to sell your products and services without a valid tax registration c...

Benefits of One Person Company in India

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Benefits of One Person Company in India   A One-person company registration provides various advantages to entrepreneurs. These include more opportunities, limited liability and the ability to take risks in business without distressing or affecting their personal assets. Easy Funding: One Person Company can raise funds through financial institutions, angel investors, venture capital firms and other such sources. Moreover, the company can also graduate itself to a private limited company, which has many benefits, such as increased trust and status of the organization. High Reputation: OPCs have higher reputation in the market and are preferred by every large enterprise as they give a social recognition to the company. It also helps in building a solid brand name and creates trust among suppliers and customers. Simple to Get Loan from Banks: It is easier for OPCs to get loans from banks as they prefer to lend money to these companies rather than proprietar...

GST Annual Return Filing Services in India

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GST Annual Return Filing Services in India Taxpayers in India need to file GST Returns every month, quarterly and annually based on their type of business. The returns cover information like sales or purchases, and taxes that have been collected and paid for the goods & services purchased or sold by them. Under the Goods and Services Tax (GST) Act, the government introduced a common GST portal for all the taxpayers registered under the GST to file their returns online. This portal makes the process of filing the returns easy and hassle-free for all the taxpayers. A business that has been registered under the Goods and Services Tax is required to submit its annual return by 31st December of each year, irrespective of whether the turnover is higher than the prescribed threshold limit of Rs 2 crore or not. If a business does not file its GSTR 9 annual return, it will face penalties and late fees that can reach up to a quarter percent of the total turnover of t...