A partnership deed that clearly defines profit and loss sharing is unquestionably more conducive to the smooth operation of the business. Large businesses require the association of individuals with shared interests and goals, unlike sole proprietorships. The company’s profits and losses must be split in a certain way by these partners in the beginning. The…
Provisioning of Partnership Deed
There can be an oral or written agreement among the partners; however, a written agreement – a Partnership Deed – is always recommended. Partnership deeds set out the terms and conditions that lay the foundation for working within a partnership in a systematic manner. In addition to the profit sharing ratio, the partnership deed format…
How Does NDA Ensures Protection of Data?
An NDA is a non disclosure agreement. It’s used to protect sensitive information in situations where one party (the discloser) needs to keep information about the other party (disclosee) confidential. The non disclosure agreement can be used when disclosing sensitive information such as proprietary business secrets, trade secrets, or client/customer information. It can also be…
Get Your Professional Tax Enrollment Certificate
Can you tell me what professional tax is? State governments collect professional taxes from individuals practicing professions such as lawyers, chartered accountants, doctors, and company secretaries under Article 286, which is an indirect tax. Professional tax registration: what is it? Registration for professional tax purposes is a simple process that must be completed within 30…
Frequently Asked Questions About Income Tax Returns
Find answers to all your questions If I don’t have Form 16, how can I file my return? You do not need to worry. Contact us and we will take care of it for you. File your ITR 1 online with Ebizfiling at affordable rates for 2021-22. Is it necessary to keep business books of…
Is There a Deadline for ITR Returns?
ITR filing requires a list of Documents. What should you keep handy? Tax returns require a variety of documents, including the following: For salaried employees, Form 16A and B are required For a complete breakdown of how much TDS (tax deduction at source) was deducted from your income during the last financial year, you can…
Registration for PF/ESI – Benefits and Applicability
A company with a minimum strength of 20 employees is required to register with the EPF Scheme within one month of attending the minimum strength of 20 employees. A small organization without the minimum strength can register voluntarily. Employees earning a salary of more than 15000 per month are not required to become EPF members….
How to make GST Search in Karnataka with TIN?
Make GST Number Search by TIN Number Karnataka:- If you are looking for details of a business entity in Karnataka, the process will involve searching through a list of registered businesses and then matching the details with what you know about the company. In this article, we will help you understand the process of finding…
Register Your Property Online in Bangalore – Why It’s a Smart Move
Easily Register Your Property Online in Bangalore Are you thinking of selling your property in Bangalore soon, but don’t know how to market your property and sell it as quickly as possible? If so, you might want to consider registering it with a real estate website. If you register your property with a popular…
What Are the Requirements for FSSAI Registration?
There is a need to keep a close eye on these businesses because the public would be highly impacted by the food quality with the rise of home bakers and small diners, much alone huge restaurants. In order to uphold food safety regulations, the government has always taken strict steps. The FSSAI (Food Safety and…