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SOLE PROPRIETORSHIP
CCI orders probe into Mrs India Inc for alleged breach of competition rulesThe Competition Commission of India has ordered a probe into Mrs India Inc for alleged abuse of its dominant position. The beauty pageant o...- Individual participation in Indian stock market falls for the first time in 10 years amid F&O decline, tepid returnsRetail participation in India’s stock market declined in FY26 for the first time in nearly a decade as equity market corrections, stricter ...
- 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...
- Banks scanning proprietor A/Cs to spot 'money mules'Banks intensify scrutiny on new accounts to combat mule activities, adapting to evolving fraud tactics like forming private companies. Vigi...
- Single-owner company proprietor not eligible for L-1 foreign work visa, US clarifiesThe US Citizenship and Immigration Services (USCIS) has clarified that sole proprietors are not eligible for an L-1 foreign worker's visa. ...
- Presumptive taxation eligibility limits enhanced for professionals and MSMEsEarlier MSMEs with annual turnover up to Rs.2 crore and Professionals with income up to Rs.50 lakh were allowed to go for presumptive taxat...
- Income tax slabs for proprietorship businesses, professionals, partnership, domestic companiesGiven below are the income tax slabs for sole proprietorship business, professionals, partnership firms and domestic companies registered u...
- Sebi comes out with modalities for accredited investorsSebi had earlier this month introduced the concept of "accredited investors" in the Indian securities market.
- Budget 2021: FM announces changes in small companies’ threshold; modifications for One Person CompanyUnder the Companies Act, 2013, OPC is a separate legal entity and will need to register for a perpetual succession. Here, the liability to ...
- HC seeks Centre's reply on plea against rule to register e-commerce business as companySenior advocate Anand Grover and advocate Samyak Gangwal, appearing for Sethi, told the court that the effect of the impugned rule was that...
- The one man show: Understanding the concept of One Person CompanyOPC under the Companies Act, 2013 is a separate legal entity having perpetual succession, which is required to be registered as per the pro...
- How your business structure affects taxesRelevant business structure attracts a certain tax liability and it is important to consider the tax implications before finalizing the for...
- Incorporating sole proprietorship firmsThe proprietor has the ultimate authority and responsibility of taking every business decision and is ultimately the sole recipient of any ...
- Closing a business? Ensure you make a clean exitHere are some of the legal points you need to keep in mind to ensure that you make a clean exit.
- Now, you can set up a one person companyTill recently, if you wanted to set up a private company, you needed at least one other person.
- Budget 2012: Proprietorships, firms to pay 18.5% Alternate Minimum TaxMAT is also levied on Limited Liability Firms (LLPs), a new form of doing business which was introduced by the government last year.
- Budget 2012: A complete guide to corporate taxPartnership firms, sole proprietorships, association of persons claiming tax holiday shall have to pay minimum tax @ 20.01% if the adjusted...
- New law to put insolvency cases on fast track in worksThe government plans to introduce a separate legislation to speed up insolvency proceedings and help distressed firms wind up operations qu...
- Single-person company to get green light soonOne-person cos will not have to meet stringent norms prescribed under company law. This will cut paperwork and make it simpler to incorpora...
- Final burden of FBT on employeesThe government on Thursday said that if the fringe benefit tax (FBT) does not cover employers - mainly, sole proprietorships and self-emplo...
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