A significant difference exists between the taxation rules for NRIs and resident Indians in India. Here are some important things to keep in mind: In the income tax slabs for NRIs, there are no specifics regarding gender, age, or other factors In the case of NRIs, TDS is applied regardless of their income threshold On … Read More “Taxation Rules for NRIs” »
Entrepreneurs can choose from several legal structures for their businesses. Corporations, general partnerships, limited liability companies, and limited liability partnerships are all options you can choose from. A limited liability partnership, or LLP, will be the subject of this guide. Read more before you go for llp incorporation online. What is an LLP? There are … Read More “What’s an LLP? Limited Liability Partnerships Complete Explanation” »
Creating your pitch deck is only the beginning of your business planning process. Following up on a successful investor pitch requires the necessary planning documentation to support your presentation. These are just a few documents you should prepare after your company pitch deck. Executive summary A company’s executive summary, also known as a summary memo, … Read More “Preparing documents after pitching investors” »
If you’ve ever noticed a section on your salary slip labeled “Provident Fund,” you may have wondered what it is. In short, it’s part of your salary that’s set aside for your retirement. In the larger scheme of things, it’s part of EPS or Employee Pension Scheme, where a portion of your income is given … Read More “What is Employee Pension Scheme? How to Check if you are a Part of EPS?” »
You may find it stressful to have someone else handle your bookkeeping. You should consider using an online bookkeeping service if you’ve been hesitant. The use of an online accounting company allows your business to grow and succeed even more by freeing up time and resources. Here are 7 tips for hiring book keeping & … Read More “How to Choose The Best Online Bookkeeping Service?” »
Businesses hire people through consultancy agreements so that no employment tie is established. Before describing some of the clauses that may be in a consultancy agreement, our employment law team discusses the various forms of consultation agreements, their advantages and disadvantages. Individual consulting agreement for the self-employed Between a company (the customer) and a self-employed … Read More “Consultancy Agreement Overview” »
The company must get into a consultation agreement before hiring an outside consultant. The business could want to use their services for a certain task, so they recruit an expert in that area. It is always preferable to sign a contract with the consultant in these circumstances. The company and consultant enter into a consulting … Read More “Key Elements of a Consulting Agreement” »
As well as providing health benefits to employees, Employee State Insurance (ESI) is a self-funding social security system. A number of benefits are provided to employees and their families. These include sickness benefits, disability benefits, medical benefits, funeral expenses reimbursement, and others. Employers with ten or more employees (in some states, the limit is extended … Read More “An Overview of ESIC Registration” »
Limited Liability Partnership is a business that possesses Due to the legal structure of an LLP, many people believe that incorporating one will be expensive and time consuming. Despite this, there are so many online portals that offer LLP registration services that it has become easier and faster in recent years. As far as MCA … Read More “Bursting the Myths about the Limited Liability Partnership” »
It is recommended that you should register your MSME (Medium, Small, Micro Enterprise) via UAM (Udyog Aadhar Memorandum) if you do not yet have one registered. Here is how you can easily register for your Udyog Aadhar. What was the motivation for India’s introduction of Udyog Aadhar? Aadhar was introduced to simplify the process for … Read More “Here is what you should do for your Udyog Aadhar Registration” »
