The UPA government has introduced the much awaited Tax Regime for LLP. Key Highlights of the proposed tax regime are: LLP’s will be treated as Partnership Firms for the purpose of Income Tax w.e.f assessment year 2010-11 No surcharge will be
SELECTION OF A CORPORATE BUSINESS STRUCTUREIf you are new entrepreneur looking of doing a business in a corporate form of organisation, first you have to select a form of business organisation. There are four types of Corporate Business Forms availa
LIMITED LIABILITY PARTNERSHIP (LLP) INDIAPublished byCompaniesInn.com India Private Limitedwww.companiesinn.com 1. Concept of LLPLimited Liability Partnerships (LLPs) are commercial vehicles which combine the features of partnership
Ø Comparison of LLP with Partnership and Company Though LLP is a combination of both Partnership and Company, it differs from them in certain aspects as discussed below: Sr. No Conditions
AUDIT OF LLP Limited Liability Partnership alike Companies are required to get their accounts audited as per the provisions provided under Limited Liability Partnership Rules 2009.Is it necessary for all LLPs? No, Only the Limited Liability Partnersh
Limited Liability Partnership (LLP)By: Nirav Pankaj Shah,Compine Juriz, Advocates & Corporate AdvisorsAhmedabad. (A) General: As you all are aware, the Country now has a new form of business organization called Limited Liability Partner
The following obligations under the Companies Act have to be fulfilled by the board of directors: 1. Statutory meeting (applicable to a public company limited by shares and guarantee having share capital): you must convene a General meeting of the m
Few important points touching Company Law in India: · The study of company law can’t be seen in isolation with other laws like SEBI Act, RBI Act, Depository Act, the Securities Contracts Regulation Act, the debt recovery and sec
SEBI – an understanding: The clause 45B of section 2 of the Companies Act, 1956 defines the word “Securities and Exchange Board of India” mean the Securities and Exchange Board of India established under section 3 of t
COMPARISON BETWEEN PRIVATE LIMITED COMPANY & PUBLIC LIMITED COMPANY MEANING:A private company is one which-(a) has a minimum paid-up capital of Rs. 1lakh or such higher capital as may be prescribed and ;(b) by its Articles of Association
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India
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