Limited Liability Partnership
All About Compliance Post LLP Incorporation
RJA 03 Feb, 2017
All about Compliance Post LLP Formation For the perfect and efficient functioning of the Limited Liability Partnership, there are compliances and legal matters that need to be settled. To file an LLP Agreement: This agreement looks over the powers and entitlements of the partners and the organization itself. This ...
Business Setup in India
What Are The Duties Of Partners in Limited Liability Partnership?
RJA 02 Feb, 2017
Limited Liability Partnership or in short LLP is a kind of partnership in which, as the name says, has limited partnership rights and liabilities. General Duties of the partners in LLP: The foremost thing in any of these kinds of partnerships is the trust factor among every partner. No one ...
Goods and Services Tax
Overall Impacts of GOods and Service Tax
RJA 28 Dec, 2016
One of the most emerging taxes of the future that is added on consumption goods and value-added basis is the Goods and Services Tax (GST). From now one cannot distinguish between the ‘Dual GST’ that is going to be imposed on goods and services. The tax will be ...
Goods and Services Tax
GOODS AND SERVICES TAX Impact on Tea industry
RJA 27 Dec, 2016
The two tea associations i.e. the Indian Tea Association (ITA) and the United Planters’ Association of Southern India (UPASI) are worried about the GST rates. They believe that if the GST rates, which will be announced soon, are higher than the present VAT rates which are between 5-6 ...
Goods and Services Tax
Impact of Goods and service Tax on Pharmaceutical Sector
RJA 26 Dec, 2016
The current tax structure of our country contains many complications because of the multiplicity of taxes, tax surging, and a large number of necessary responsibilities. In order to create a more uncomplicated tax structure, various Indirect taxes have been incorporated in the GST. In the GST act, there has been ...
Goods and Services Tax
Impact of GST on Textile Industry
RJA 24 Dec, 2016
Impact of GST on Textile Industry The textile industry and especially the cotton value chain are going to be affected negatively by the changing GST rates. Although the GST rates are not announced yet it is likely to bring a great change. Dr. Arvind Subramanian Committee has recommended putting down ...
Goods and Services Tax
Impact of GST on telecommunication industry
RJA 23 Dec, 2016
With the model draft of GST law, the industry has been transformed in a great way. This has changed the new industry due to ease of registration, smooth credit flows and a single tax approach. The business and the State government must be directly involved. This is a basic requirement ...
Goods and Services Tax
Effect of GST on the Real Estate Sector
RJA 22 Dec, 2016
Effect of GST on the Real Estate Sector The indirect taxes which are received from the Real Estate Sector are to be soon combined together under the GST regime. There are several reasons as to why the Real estate Sector is to be made a part of the tax base ...
Goods and Services Tax
GST Impact On Traveling Business
RJA 21 Dec, 2016
The effect of GST will certainly initially affect the hospitality sector, which is a significant part of the tourism industry. Nevertheless, it can prove to be of long-term value to the industry. Within the GST system, the incentives are required to be pursued, R&D cessation would be reduced ...
Goods and Services Tax
Impact of Goods and Service Tax on the Power Sector
RJA 20 Dec, 2016
India staged a decision to implement GST (unified Good and Services Tax), which was proposed almost 30 years ago, after obtaining nod from both the upper and lower houses. The uniform tax is helpful for the tax payers across the nation. The new tax law considering including Countervailing duty, VAT, ...
Goods and Services Tax
Goods and service Tax effect on manufacturing sector
RJA 19 Dec, 2016
Countries that are emerging are largely supported economically by the country's manufacturing sector. But when all other emerging economies are seeing an increase in manufacturing sector growth, India is a way behind. The topographical and the demographical position of India are promising but the country has not been ...
Goods and Services Tax
GST effect on Logistics Industry
RJA 18 Dec, 2016
As soon as the parliament gave a green light to the Goods and Services Tax bill, the Indian companies had a moment of ecstasy. The implementation of the GST was intended to ensure that a uniform tax structure existed in the country by removing the multi-layer taxation system in both ...
Goods and Services Tax
Goods and Service Tax Impact On Automobile Sector
RJA 17 Dec, 2016
Due to the multiplicity of taxes, elaborate compliance obligations, and cascading of taxes, there is a complex system of taxes existing in our country. A number of complex systems occur in the automotive industry. It may be the longer investment period, vendor/part maker growth, significantly outsourced processes, specific business ...
Goods and Services Tax
Effects of Goods and Services Tax on the Energy Sector
RJA 16 Dec, 2016
If the economy continues to expand then the energy market is one of its key engines, but it is currently plagued by political instability and regulatory hurdles. The biggest problem of indirect taxes cutting into this sector's income has also, unfortunately, persisted into the Goods and Services Tax (GST). ...
GST Compliance
Goods and Services Tax Impact On E-Commerce Sector
RJA 15 Dec, 2016
GST Tax Impact On E-Commerce Sector The most important and painful point of the e-commerce industry is the provision relating to tax collection at the source. E-commerce in India is hindered by the host of taxes such as the VAT, CST, and service tax, TDS with one or more taxes ...
Goods and Services Tax
GST Impact on Importers and Exporters
RJA 12 Dec, 2016
GST Impact on Importers and Exporters The implementation of the General Sales tax bill has been delayed by our Finance Minister. Due to this, there is a constant amount of anxiety that is prevailing among the people running the export-import business in India. With the help of this article we ...
Business Setup in India
Company Registration Requirements
RJA 24 Oct, 2016
Registering a business in India has been a complex procedure that has taken quite a long time over the past years. The INC-29 Form and Digital Signature program launched today has made Company Registration a simple operation, thanks to the efforts of the Ministry of Commerce. The process has become ...
Business Setup in India
Compulsory conditions to register a company in India
RJA 22 Oct, 2016
Mandatory requirements to Register a Company in India In India, company registration has a process to follow. Anyone who wants to register a company needs to understand the various terms used during the process. With the growth of the business world in India, many new companies need guidance on company ...
Business Setup in India
Analysis of New Company Approval Process
RJA 22 Oct, 2016
Analysis of the New Company Approval Process Becoming an entrepreneur needs to follow multiple methods. The statutory and legal requirements for starting a new company are not sufficient for mere knowledge on the subject matter and expertise in the same. When one wants to start a new Business, various aspects ...
