E-Commerce in India is growing very swiftly. There are millions of the user for online shopping in India, the internet is the driving steps to sell online. With the help of the internet, you can download the application of online selling companies. Even though with the laptops and computer, you can simply […]
The Government of India has been striving to eradicate black money. One of the steps has been to obligate the authorities, government and others, to report all high-value transactions. The Income Tax Act of 1961 came up with the requirement of Form 61A. The objective was to collect information on the High-Value Transactions occurring and to ascertain the legality, This […]
Section 143 of the Companies Act 2013 requires reporting on CARO. It states that certain class or description of companies shall include a statement on a few, particularly specified matters. CARO 2016 mandates that the auditor’s report of these specified companies must include this statement. In other words, this order lists down the matters on […]
The sole proprietorship firm registration is one of the easiest ways of doing business in India. It requires less capital, fewer formalities and less effort overall. No wonder so many people want to register themselves as a sole proprietor. The compliances are minimal and easy to fill in such a case.
It is a single person firm […]
EPF Form 11 is a self-declaration form that requires to be filled by the employee at the time of registering an organization which is included under the Employees Provident Fund scheme as per the EPF Act of1952. All aspects of the employee’s prior EPF account have to be specified […]
The Government of India established the Export Inspection Council (EIC) under section 3 of the Export (Quality Control and Inspection) Act, 1963 for quality control and pre-shipment inspections. Further to that, EIC designates Export Inspection Agencies and Laboratories to supplement its own activities. This Approved Export Inspection Agency or Laboratory would inspect the commodities meant for exports, and […]
