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LLPS INCREASE
Sebi proposes easing margin trading funding rules, tighter broker normsSEBI has proposed reforms to the Margin Trading Facility, including increasing broker net-worth requirements to Rs 5 crore, permitting LLPs...
Investing abroad? These 7 costly mistakes could trigger an income tax noticeWealthy Indians are investing more abroad. However, they must understand the rules to avoid trouble. Mistakes like misusing investment rout...
Record run for Co, LLP floats in FY26 despite a bump in MarchIndia achieved record company and Limited Liability Partnership registrations in the fiscal year 2025-26. This surge reflects strong invest...
Record 151,000 cos registered in April-November; LLPs surge tooNew company registrations rose in November, though the growth rate slowed. Limited liability partnerships saw a substantial increase. This ...
First families of biz face higher tax on share sale profitsA new income tax bill threatens to increase taxes for Indian promoters and family offices using LLPs for investments. The proposed law expa...
EEPC India submits pre-budget memorandum to MSME MinistryIn its pre-Budget memorandum to the Ministry of Micro, Small and Medium Enterprises, EEPC India also suggested increasing the benefits limi...
Company registrations decline 21% in Sept, LLPs rise 8%New company incorporations in India fell by almost 21% in September compared to last year, marking the third consecutive month of decline. ...
Company registrations dip 11% in July, LLPs' rise 21%Company registrations decreased by almost 11% year-on-year in July, following a 12% increase in June. This information comes from data prov...
India sees 12% surge in company registrations, 73% jump in LLPs in JuneCompany registrations in India showed a notable rebound in June, marking a 12% increase compared to the previous year, according to data fr...
FADA seeks vehicle depreciation benefits for income tax payers in Budget 2024The Federation of Automobile Dealers Associations (FADA) urged the government to introduce vehicle depreciation benefits for individual tax...
Ministry of Corporate Affairs reports record high incorporations in 2023-2024 fiscal yearMCA reported the highest incorporations in 2023-2024, signaling economic growth and job creation opportunities. The surge reflects the gove...
Budget 2023: Income tax changes that professionals, small businesses wantThe government has amended various provisions of the Income-tax Act to make it business-friendly for smal businesses and professionals. How...
MCA plans staggered deadlines for submission of compliance documentsThis plan is akin to some of the deadlines under goods and services tax where certain kinds of filings, such as the submission of GSTR-3B q...
Over 1.55 lakh companies incorporated last fiscal in IndiaBesides, 42,186 Limited Liability Partnerships (LLPs) were incorporated in the just-concluded financial year. The figure represents an incr...
What Budget 2019 can do to reduce your tax burdenInterim Budget 2019 could offer individual taxpayers certain benefits and tax exemptions, which will have a positive impact on personal sav...
DIPP urges RBI to notify FDI policy for limited partnershipsIndustry department has requested RBI to urgently notify the provisions of foreign investment policy for LLPs at the earliest.
- CAG wants to audit all government LLPs
At present there are 7,950 LLPs in the country and the ROC does not collect separate data for state run LLPs. “The number should be very le...
- Solvency, auditing guidelines for LLPs on the cards
The government is set to introduce stringent solvency and auditing norms for limited liability partnership companies (LLPs).
- SMEs take liking to LLPs, large cos stay away due to tax ambiguity
LLP, a form of business organisation that combines the benefits of partnership and limited structures, provide firms with greater flexibili...
- No tax-free conversion of unlisted cos into LLPs yet
The government will look at withdrawing capital gains tax that is levied when unlisted companies convert to limited liability partnerships ...