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Showing posts from February, 2020

Shop And Establishment

Shop And Establishment The Shop and Establishment Act is applicable nationwide, and all the commercial establishments, such as the hotels, and eateries, amusement parks, theatres, and other entertainment houses, as well as any other such public amusement places, come under the purview of the Act. Get to know what is commercial establishment meaning. The definition of a ‘Commercial Establishment’, as given in the Act is: Any commercial sector, such as banking, trading or insurance establishments Any establishment where individuals are employed or engaged to do office work or provide service The hotels, eateries and boarding houses or a smaller cafĂ© or refreshment house Amusement and entertainment places such as theatres and cinema halls or amusement parks All such above mentioned commercial establishments come under the Act and need to adhere to the norms and regulations set by the Act for the treatment of their employees. The exceptions to the Act vary in the States a...

Advantages Of Partnership Firm Registration

Advantages Of Partnership Firm Registration:- The benefits of registering a partnership firm under the Indian Partnership Act are below: Partnership firms can be easily registered compared with  LLP(Limited Liability Partnership)  registration as there is no need for obtaining DIN, DSC etc. A partnership firm can prefer to have any name as it does not violate the terms subject to trademark registration. A partnership firm does not require to file its annual return with the Registrar each year, unlike a Limited Liability Partnership or Company. Choosing the Partnership Name:- The partners can easily choose any name as they require for their partnership firm subject to the following rules: Choosing the Partnership Name The partners can easily choose their name as they require for their partnership firm subject to the following rules: The names must not be too identical or similar to the name of another existing firm doing related business to avoid duplicat...

Partnership Firm Registration | Firm Process, Fees & Documents

Partnership Firm Registration | Firm Process, Fees & Documents Minimum Two Person Two person is needed to become partners of the firm. However, maximum 20 partners are allowed in a firm (10 in banking business) No FDI is Allowed Foreign investment in a partnership firm is not permitted. In the firm, only Indian citizen can become the partner and start the partnership firm. No Minimum Capital No minimum capital is prescribed, it must be based on the business requirements. The Stamp Duty on the deed is based on the capital of the firm. Unique Name Name of the firm should be unique, and it must not same or similar to the name of any existing trademark which is registered or applied.

Shop and establishment act registration online haryana

Shop and establishment act registration online haryana This section provides online services to users who are covered under Shops and Commercial Establishments Act 1958 and related services. This section is to be used for registration, licensing, renewal, amendment and submission of annual returns for following Acts: Registration/Renewal under the Shops and Commercial Establishments Act 1958 Registration and Licensing under the Contract Labour (Regulation & Abolition) Act, 1970 Registration under the Interstate Migrant Workmen Act, 1979. Registration and licensing under the Motor Transport Workers Act, 1961. Worker details and contribution for Haryana Labour Welfare Board Returns Basic Instructions & Features To utilize the online services please follow these basic steps (wherever asked): Login Id and password creation:  On the web-portal  www.hrylabour.gov.in,  the user has to create his / her login Id using operational email-id. Th...

GST Registration online | Documents required for GST registration

Under the present GST regime, every individual or company that supplies goods and services has to register under  Goods and Service Tax  (GST). So, if you run a business with an annual turnover that exceeds Rs.20 lakh (in all Indian states, other than north-eastern states) then you will have to register with GSTN (Goods and Service Tax Network). Once you have registered under this regime, you will receive a unique  GSTIN  (Goods and Service Tax Identification Number). The Central Government issues a state-wise, 15-digit number to you once you complete registration. There are many  advantages of GST  registration including the fact that you will get a legal identity as a supplier. You can also avail input tax credit and collect GST from recipients of goods and services. Documents required for GST registration Take a look at the documents you will need to upload while registering under GST. -  PAN card  of the applicant - Partnership deed or in...

GST Return Late Fees Calculator

GST Return Late Fees Calculator . Use this Calculator to know your late fee and penalty. click here:  https://taxadda.com/gst-return-late-fee-calculator/

FREE INCOME TAX CALCULATOR

FREE INCOME TAX CALCULATOR.  https://www.incometaxindia.gov.in/Pages/tools/income-tax-calculator-234ABC.aspx

TAX SLAB FOR F.Y 19-20

Income Tax Slab Tax Rate for Individual & HUF Below the Age Of 60 s Up to ₹2,50,000* Nil ₹2,50,001 to ₹5,00,000 5% of total income exceeding ₹2,50,000 ₹5,00,001 to ₹10,00,000 ₹12,500 + 20% of total income exceeding ₹5,00,000 Above ₹10,00,000 ₹1,12,500 + 30% of total income exceeding ₹10,00,000 Tax Rates for Senior Tax Payers between the age of 60 years to 80 years old Income Tax Slab Senior Citizens (between 60 years – 80 years) Up to 3,00,000 Nil  3,00,001 to 5,00,000 5% of income exceeding 3,00,000  5,00,001 to 10,00,000 Tax Amount of 10,000 for the income up to 5,00,000 + 20% of total income exceeding 5,00,000 Above 10,00,000 Tax Amount of 1,10,000 for the income up to 10,00,000 + 30% of total income exceeding 10,00,000 Tax Rates for Super Senior Tax payers above the age of 80 years Income Tax Slab Very Senior Citizens of and above 80 years of age Up to 5,00,000 Nil  5,00,001 to 1...