How to Setup Business in India

India is a land of opportunities and offers an attractive market for entrepreneurs looking to start a business. With a growing middle class and a large population, India offers a vast market for businesses across various sectors. Setting up a business in India can be a complex process, but with the right guidance and support, …

Company Incorporation in India

India has emerged as one of the fastest-growing economies in the world, with a strong focus on entrepreneurship and innovation. The government has taken several steps to promote the ease of doing business in India, which has led to a surge in the number of companies being incorporated in the country. If you are planning …

Navigating Startup Registration in Gurgaon and Faridabad: Expert Advice Form CA in Gurgaon

Starting a new business venture can be a daunting task, but registering your startup doesn’t have to be. In India, the process of registering a startup has been made simpler and more accessible in recent years, with a range of government initiatives and online portals available to help entrepreneurs through the process. Whether you’re based …

What is Better for Startup: Startup Organizational Structure

India is a hub for startups, with a growing number of entrepreneurs starting their own businesses in various industries. When starting a business in India, it is important to consider the right business structure to adopt. The right business structure will help you to achieve your goals, protect your interests, and comply with legal requirements. …

Share of Profit Received By an LLP From Other Partnership Firms is Exempted under Section 10(2A) of the IT Act.

The ITAT, Bangalore recently decided the case of M/s Mulberry Textiles LLP v. ITO [ITA No. 757/Bang/2022 dated January 3, 2023]. In this case, the Appellant, M/s Mulberry Textiles LLP, filed an income tax return for the financial year 2020-2021 and claimed exemption under Section 10(2A) of the Income Tax Act, 1961 (the IT Act) …

Steps to be followed After Incorporation of Private Limited Company

Incorporation of a private limited company is a crucial step in starting a new business in India. It provides legal recognition to the company and protects the personal assets of shareholders by limiting their liability to the capital invested. The company is considered a separate legal entity and can enter into contracts, own assets and …

Reasons to Start a Business in Gurgaon

Gurgaon, also known as Gurugram, is a city located in the northern state of Haryana, India. It is a major center for technology and business and has become a hub for startups in recent years. One of the main reasons for Gurgaon’s emergence as a startup hub is its proximity to the national capital, Delhi. …

All you need to know about Startups, Benefits, Tax Incentives & Structure

A Startup is a company or organization that is in the initial stages of operation, often characterized by high uncertainty, risk, and a lack of established performance or revenue. These companies are often working to develop a unique product or service, or to establish a new market. The goal of most startups is to grow …

Difference between Private Limited Company and Limited Liability Partnership (LLP)

What is Private Limited Company and Benefits of Private Limited Company Registration A private limited company is a type of business structure that is popular in many countries, including the United Kingdom, United States, and India. A private limited company is a separate legal entity from its owners, which means that it can enter into …

Appointment of Director in a Private Limited Company: A Practical Guide

A director is a member of a company’s board of directors, which is responsible for making important decisions that shape the company’s direction and strategy. Directors are appointed by the shareholders of the company, and their primary role is to represent the interests of the shareholders. Directors are responsible for overseeing the management of the …

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