What Constitutes a Small Company? Under the Companies Act, 2013, a ‘Small Company’ is defined as a private company that: Paid-up Share Capital: Does not
Any company registered in India and conducting business activities must obtain a PAN card. Regardless of the business structure, any entity generating income in India
Starting a business requires choosing the right legal structure, and for individuals looking to operate independently, Sole Proprietorship and One Person Company (OPC) are two
Features of Pvt Ltd Company A minimum of two members must establish a private limited company. A Pvt Ltd company is a privately held business which can have a maximum of
A Limited Liability Partnership (LLP) is a business structure that combines the liability protection of a corporation with the operational flexibility and tax benefits of
A Limited Liability Partnership (LLP) is a distinct legal entity designed to conduct business while limiting the liability of its partners. In an LLP, partners
A Private Limited Company (Pvt Ltd) is a privately held business entity registered under the Companies Act, 2013. It requires a minimum of two members
Many people have come across businesses with names ending in Ltd or PLC, indicating their status as either a private or public limited company. However,
Have you ever heard the term ‘leave encashment’ and wondered what it means? For salaried employees, leave encashment is a crucial aspect of compensation. It
The Indian tax system employs a crucial mechanism known as Tax Deducted at Source (TDS), a system designed to ensure consistent revenue collection by deducting
