Manage Your Business
Goods & Services Tax
Any business, involved in the buying and selling of Goods and services in India must register under Goods and Services Tax (GST) as per the guidelines laid by the Government of India. Implemented in order to ease the business functions, GST Registration is mandatory for almost all sorts of business.
Every company incorporated in India must file their returns and submit various other documents as prescribed, with the registrar of companies (ROC) from time to time and on a periodical basis. Failing to do so will attract heavy penalties and legal proceedings can be initiated.
When you approach any institution for funding or loan, you are expected to come prepared with all the basic documents such as Projected financials, project reports, CMA reports, Financial Ratios, Feasibility Statement, Valuation Certificate, regarding your business or project.
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Every business and individual falling under the Tax bracket endorsed by the Government of India are abided by Law to pay a certain sum of money from their Income as Tax. These taxes are to be paid annually and can be minimised with proper Tax planning.
Audit compliance helps a business to anticipate the threats and risks that can impact your business growth. A good audit compliance strategy can help you assess your business well and drive your business performance to anew level.
Import & Export
IEC registration is mandatory by a person engaged in the business of exporting or importing goods. It is a 10 digit code which is issued by the Directorate General of Foreign Trade (DGFT) that comes with a lifetime validity.
ESI & EPF
ESI is a self-financing social security and health insurance scheme for Indian workers. This fund is managed by the Employees’ State Insurance Corporation (ESIC) according to rules and regulations stipulated there in the ESI Act 1948.
Bookkeeping services are highly essential for all businesses to ensure accurate operational and financial information. This information enables Management, Regulators, and Investors to take necessary actions for the business. Also, it is a legal requirement for any business to maintain accounts to ensure that all relevant taxes are paid and tax filings are made on time.
TDS & TCS
Tax Deducted at Source (TDS) is a tax mechanism introduced by Income Tax Department, where a payer responsible for the payments such as salary, commission, professional fees, interest, rent, etc. is liable to deduct a certain percentage of tax before making payment in full to the receiver of the payment. As the name suggests, TDS is a Tax that is deducted from its source.
With the growing popularity of startups in India, the Government of India has started promoting the Startup ecosystem in India in order to strengthen the Indian Economy and boost talented entrepreneurs. Under this program, talented entrepreneurs with enlightening and innovative ideas are given a platform to jumpstart their startup and take to the next level by providing various incentives.
MSME stands for Micro, Small and Medium Enterprise. MSME or SSI enterprises are the foundation of any economy and are drivers of economic growth, advancing impartial improvement for all. MSME registration or SSI registration helps businesses avail multiple government subsidies and ease of obtaining a loan, licenses and many other benefits under the MSMED Act.