A Producer Company may be referred to as a legally recognized entity of farmers with the objective of improving the standard of living.
Taxpayers who have already registered under the GST Act can apply for cancellation of GST registration any time if they think they should close their business or in case any situation arises. Once the registration is cancelled it is no longer required to pay tax or collect tax from ordinary people.
ESOP is governed through Section 62(1) (b) of the Companies Act, 2013 ("CA, 2013") and SEBI (ESOS and ESPS) Guidelines, 1999 as amended.
A Public Limited Company has been defined under Section 2(71) of the Companies law. Public Limited Company offers shares to the general public and has limited liability.
Input Tax Credit or ITC is a credit that can be used to pay off the tax liability of registered taxpayers. It is a tax paid by the person registered under the GST Act when he purchases goods or avails any services from a registered taxable person.
Private Limited Company The word “Private Company” defined under Section 2(68) of the Companies Act 2013 and means a company having minimum paid up share capi..
The word "Private Company" defined under Section 2(68) of the Companies Act 2013. It is now optional to keep any minimal capital.
LLP or Limited Liability Partnership is nothing but an alternative corporate form that provides benefits of “Limited Liability” to the designated partners at reasonable costs of compliance.
A Partnership Firm is an organization of two or more people having mutual understanding to run business and earn profit.
It is mandatory for all non-resident taxable taxpayers to get themselves registered under the GST Act it is irrespective of their aggregate annual turnover.