PRE-INCORPORATION COMPLIANCE:
1. MEMBERS: Minimum: 7 Members
2. Directors: Out of the above 7 at-least 3 should be Directors
3. Minimum Paid up equity Share Capital: Rs. 5 Lakhs
4. No Preference Shares are allowed to be issued. If an existing company has preference shares and wan…
The license is given if the business complies with certain rules and regulations laid down by the corporation and safety authorities of the state. The application …
Definition of DOT OSP:
According to Department of Telecommunication (DOT), Other Service Providers (OSP) refers to the companies providing services in the tele-communication Industry with use of telecom resources. OSP includes call centres and Business Process Outsourcing (BPO). OSP providin…
Applicability:
The Finance (No. 2) Act, 2019 has inserted a new section 194N, with effect from 01 September, 2019, provides that every person, being-
MANDATORY ANNUAL FILING FOR PRIVATE LIMITED COMPANIES UNDER COMPANIES ACT 2013
Every Private Limited Company is required to file following two forms compulsorily:
AOC-4 is required to be filed within 30 days from the end of Annual General Meeting (AGM). For the purpos…
INCOME TAX DEDUCTION FROM SALARIES U/S 192 OF INCOME TAX ACT, 1961 FOR FINANCIAL YEAR 2019-20
First let us take a look at the rates of Income tax as per the Finance Act, 2019:
Tax to be deducted at normal rates:
Grants and loans by State Government (Section-70):-The State Government may, after due appropriation made by State Legislature by law in this behalf, make to the Authority, grants, and loans of such sums of money as the State Government may think fit for being utilized for the purposes of this Act.
…TEH WEST BENGAL HOUSING INDUSTRY REGULATION ACT, 2017
Offences and Penalties:-