MCA Lays Down Mandatory Rules Which Will Come into Effect From 1st April 2022

MCA Lays Down Mandatory Use of Accounting Software Having an Audit Trail New rules to come into effect from the beginning of the new financial year i.e., from 1st April 2022. The ministry of corporate affairs (MCA) has published a circular on 1st April 2021, under companies (Accounts) Amendment rule 2021. According to this circular companies […]

5 Significant Changes in Income Tax Effecting from April 1, 2021

Union Finance Minister Nirmal Sitaraman during the presentation of Union Budget 2021 had announced few changes with respect to the Income Tax rules. These changes are set to come into effect from April 1st, 2021. These changes will affect the employees, business and provide some relief to the senior citizens. Let’s take a look at […]

5 Things That Needs To Be Completed Before 31st March 2021 by Taxpayers

As we all know that the current financial year 2020-2021 is approaching its end. And along with It, several financial deadlines are also approaching to their end. Which needs to be completed on or before 31st March of 2021. This year the central government has extended many deadlines already considering the situation of the Covid-19 […]

Leave Travel Allowance Cash Voucher Scheme

Due to Covid-19 pandemic and restriction on travel, most of employees are not able to claim the benefits of the Leave Travel Allowance (LTA) scheme. Given the situation arising out of Covid -19 outbreak. But In the resent Union Budget 2021-22. Union minister Nirmala Sitaraman has proposed a new scheme called Leave Travel Allowance Cash […]

How to Set-Up an IT Start-Up in India By Foreign Holdings

Most of the International Information technology companies have a Development Center set-up in India. There are various reasons for that. However, if you are looking to set-up a development center or subsidiary of your foreign holding company in India. Here is what you all need to know.The process of setting up an IT startup in […]

Start-ups in India and Mandatory Compliances

Most of the start-ups in India go for Private Limited Companies. According to studies, 95% Start-ups in India register as a Private Limited Company. Due to its various benefits such as ease of raising equity funds, clear definition between the management and owners of the company, Stock Options for Employees, etc. Before you register your […]