Professional Tax is well known to many salaried employees, as it appears on their payslips/Form 16. Yet all may not know what it is and why it is deducted from their salary income on their payslips/Form 16. So, this article aims to provide a better…
panindia
3 Min Read
A limited liability partnership is an alternative business structure that combines a company’s limited liability with a partnership’s flexibility. The LLP is a separate legal entity, liable for its assets but limited to the contributions of each partner. Additionally, individual partners are not responsible for…
panindia
2 Min Read
ESI stands for Employee State Insurance controlled through the Employee State Insurance Corporation (ESIC) is a self-sufficient frame created through the regulation under the Ministry of Labour and Employment, Government of India. The ESI Scheme was commenced for Indian workers, where the workers are provided…
panindia
2 Min Read
India stepped into a major economic reform with the implementation of the Goods and Services Tax (GST) on July 1, 2017. Most indirect taxes collected at the federal and state levels were absorbed by this ‘one nation, one tax’ reform, resulting in tax administration homogeneity….
panindia
2 Min Read
Provident Fund is a retirement benefit system available to all salaried employees. The Employees Provident Funds and Miscellaneous Act of 1952 govern the Employees Provident Fund (EPF). The Employee’s Provident Fund Organization (EPFO) is in charge of it. The Employees’ Provident Fund Organization (EPFO), one…
panindia
3 Min Read
Depending on the nature of business, the registration process for sole proprietorship generally consists of minimum documentation. There is no government registration required to start your sole proprietorship business in India. You aren’t required to submit documents online and complete a registration process. What you…
panindia
4 Min Read
Each business has a unique identity, distinguished by its official logo and business name. According to The Companies Act in 1956, each unique company should be legally registered under the law. The unique identity is secured by a trademark for goods and services under the…
panindia
6 Min Read
Setting up an offshore company in India can be beneficial for short term and long-term business operations. India offers access to a vast English speaking talent resource that can prove vital to the requirements of any company. Provided that the company can satisfy the Place…
Page 1 of 1