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PROPRIETORSHIPS
Sole proprietorship, LLP to private limited company; business structures for startups explainedChoosing the right business structure is crucial for a startup’s growth, taxation, compliance, control, and liability. DPIIT highlights fiv...
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 ...
Three trademark applications filed to register Cockroach Janata Party, official records showThree trademark applications were filed for the name 'Cockroach Janata Party'. This development follows the satire social media handle's ra...
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...
Legalise WFH for entrepreneurs to allow credit access: MSMEsIn a submission to parliamentarians, FISME also sought reduction in cost of contractual litigation for MSMEs, insolvency rules to destigmat...
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...
Need to expand tax base in proprietorships, LLPs, partnership firms: Revenue Secretary Tarun BajajRevenue Secretary Tarun Bajaj said the Budget 2022-23 has not tinkered with individual taxes because the government wanted to spend more on...
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...
Trai moots ideas to make Wi-Fi access points easily accessibleTRAI Chairman R S Sharma also mooted concept of open architecture-based public Wi-Fi grid that aims to bring down cost of internet by one-t...
Tapes suggest Rahul Gandhi's elevation riggedThe tapes pose a serious challenge to Congress’s claims that Rahul is being elected to the top post through a fair and free vote.
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.
Turning into an entrepreneur? Five business models you should considerRunning business successfully depends on how you structure the company. Here are 5 biz models & what you should consider before choosing on...
- Budget 2012: Proprietorships, firms to pay 18.5% Alternate Minimum Tax
MAT is also levied on Limited Liability Firms (LLPs), a new form of doing business which was introduced by the government last year.
- Single-person company to get green light soon
One-person cos will not have to meet stringent norms prescribed under company law. This will cut paperwork and make it simpler to incorpora...