New guidelines on MSMEs including registration

Ministry of Micro, Small and Medium Enterprises vide notification dated 26th June, 2020 has issued new guidelines on MSMEs. Highlights are as follows:- 1. New MSME Regsiration process would be called as Udyam Registration 2. All existing enterprises registered under Udyog Aadhar Memorandum, shall be required to submit the […]

NGO Registration choices in India

NGO’ are formed for the welfare of deprived, promotion of education, research, sports or such other objects. These are non-profit organisations which work for social cause and address various causes. There are many options available in India for incorporating a NGO. NGO’s tax and other benefits: The NGO’s are given […]

GST Registration

GST Registration is a tax registration required for businesses trading or manufacturing goods in India. GST Registration replaced VAT, Sales Tax, Excise, Service Tax in India and is synonymous with CGST Registration and SGST Registration. Registration Process The application is drafted giving your business particulars along with Bank Guarantee / […]

Importance of a Business Plan

Developing a business plan is the first step to a successful business. Planning is one of the most important parts of running a business, no matter whether it is a large multinational corporation trying to plan an expansion or a small business launching an exciting new product. Most businesses start […]

Severe consequences in case you miss to file any GST return!

Off late government has issued a detailed Standard Operating Procedure for departmental officers to be followed for dealing with assessees who have missed to file any GST return. Though such provisions were already present through Section 62, this wasn’t usually forced by the department against assessees. The summary of detailed […]