Tax avoidance simply means that you structure your businesses in such a manner that you pay less tax than you would pay otherwise, and thus it is absolutely legal. However, configuring has to be done lawfully. By using illegal means reducing your tax liability is Tax Evasion. Illegitimate means are making untruthful refundable credits, announcing untrue income or deductions. Any […]
On October 1, 2020, mandatory e-invoicing under the Goods and Services Tax was fully enforced after being postponed twice in 2020. Although this latest invoice authentication method only applies to business-to-business (B2B) transactions by businesses with an annual turnover above 500 crores, there has been a strong initial response to e-invoicing for the time being. More than 65 lakh invoice […]
The primary objective of each startup is to expand and evolve at a fast rate. The utterance “Startup” goes beyond referring to a business that is just starting out, which typically refers to a technology-oriented business with high growth potential. Startup India was introduced by the Government of India on 16 January 2016. The purpose of this initiative, furthermore, was […]
Governments around the world are undertaking steps to integrate IT in all governmental structures due to the exponential growth of the internet and digitization. This is the e-government idea. This is in order to make sure the Govt. Management is a smoother and much more transparent process. It also helps save considerable expenses. What is E-Governance? E-Governance may be described […]
In modern business, various devoted and savvy company owners understand the importance of intellectual property (IP) for the success of their company and end up naming patents, trademarks, and copyrights. These are some of the diverse variations which Intellectual property (IP) can present. But the differences between copyrights, patents, and trademarks, even for business people who regularly deal with IP, […]
How to Register a Partnership Firm When two or more professionals come together to share a firm and its profits in a particular ratio by mutual consent it is known as a partnership. A Partnership is one of the most important types of business firms. Registering a partnership firm is comparatively easy as it requires minimal compliance. A partnership is […]
How Legal Way LLP Can Help to Register a Company in Pune Pune, the knowledge capital is recognised as the fastest-growing city offering copious opportunities in various fields. Starting a business in any city of India requires several strategic and legal considerations. These procedures need to be fulfilled in order to commence the business as well as to get an […]
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