Private Limited Company is most popular to start a startup. Private limited company, one person company, limited company and section 8 company must file MCA annual return and income tax return each year. Apart from basic compliance like GST return, TDS filing, ESI and PF return private limited company must file its Income tax return irrespective of income, profit or loss.
Before filing annual return, the company must conduct an Annual General Meeting at the end of each financial year. For new...
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Goods & Services Tax (GST) launched on 1st JULY, 2017. It has absorbed many State and Central taxes like: Service Tax, Excise Duty, CST, Entertainment Tax, Luxury Tax, Octroi, VAT. GST is now “One Nation One Taxâ€. It applies to all Indian service providers, traders, wholesalers and manufacturers. GST is applicable on all goods and services except Petroleum products as of now.
Goods & Services Tax (GST) registration is whole online process and requires no manual intervention.
You want det...
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What is GST QRMP Scheme?
QRMP stands for “Quarterly Returns with Monthly Paymentâ€. QRMP scheme is for small taxpayers to file their FORM GSTR-1 and FORM GSTR-3B returns on quarterly basis while paying their tax dues monthly through a simple challan.
QRMP scheme is launched to reduce the compliance burden on small tax payers.
QRMP scheme is available from 1st January, 2021onwards.
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