Dear All,
Does anybody has 4-5 years old section 8 microfinance company
State can be Delhi, Haryana or Rajasthan
Name must include "Microfinance"
Hi,
The company is foreign subsidiary and wants to alter its MOA.
The nominee Director who is a subscriber to MOA on behalf of foreign company, is an NRI.
Is it mandatory to get the altered MOA Apostle?
Hello,
Will the FEMA Provisions get violated if the Company is registered as NBFC? pl guide
Dear Members,
We have planned to distribute educational equipment to underprivileged students studying in various levels.
The equipment purchase including GST ?
How do we treat the CST Contribution for Compliance ?
1. Purchase materials including GST and should not claim GST input
Ex:- CST Contribution is Rs. 1 Lakh
purchase material worth Rs. 1 Lakh (including GST 18,000/-)
or
2. Purchase the materials to the extent of Rs. 1 Lakh and pay GST 18% GST and total payout Rs. 1,18,000/-
Payout Rs. 1,18,000/- and claim 18,000/- the input tax credit ?
Which is the best practice of compliance ??
I have Incorporated a new Company and I am in the Process to Open a Bank Account with HDFC BUT Bank Asking Minimum 25000 to Open a Bank Account but my Total Paid up Capital Itself is Rs. 5000 Only.
Can Director Deposit More than Actual Payable or how to Sort out this Issue Because when Filling Form 20 a Bank Statement is Required.
Please Help me in this Regard
Dear Members,
Please anyone share rate of stamp duty for share certificate in Kolkata, West Bengal.
Dear All
Can anyone help me with the name approval of section 8 microfinance? Objection raised by CRC due to small finance objects.
Dear all,
Plz share ur experience regarding LLP 3 approvals.... Generally what time ROC takes for approval. Because I filed LLP 3 for changing object of LLP at 10 days ago..and I haven't received any response from ROC yet. On MCA it's showing Pending for approval.
Section 80IAC of the Income Tax Act, 1961 provides tax benefits to eligible startups. This section was introduced in the Finance Act 2016 to promote entrepreneurship and encourage startups in India.
As per this section, a startup company that is incorporated on or after 1st April 2016 and before 1st April 2022 can claim a deduction of an amount equal to 100% of its profits and gains derived from eligible business for a period of three consecutive assessment years out of seven years, beginning from the year in which the company is incorporated.
The eligible business for the purpose of this section means a business carried out by an eligible startup engaged in innovation, development or improvement of products or processes or services, or a scalable business model with a high potential of employment generation or wealth creation.
However, the maximum duration for claiming this tax benefit is up to 7 years from the date of incorporation of the startup.