Difference Between Partnership Firm and LLP: A Detailed Comparison for Business Owners
A partnership firm is formed when two or more individuals agree to carry on a business and share profits as per mutually agreed terms. The relationship between partners is defined through a Partnership Deed.
Annual Compliance of LLP in India: Updated Guide on Filings, Deadlines & Penalties (2026)
Annual compliance of LLP refers to statutory filings that every LLP registered in India must complete after the end of each financial year (ending 31st March).
Annual Compliance of One Person Company (OPC): Complete Guide for Business Owners (2026)
The One Person Company (OPC) structure was introduced under the Companies Act, 2013 to encourage individual entrepreneurs to operate within a corporate framework while enjoying limited liability and separate legal identity.
Annual Compliance of Private Limited Company: Complete Guide for Indian Businesses (2026)
Annual compliance refers to mandatory filings and procedural requirements that every private limited company must complete after the end of each financial year.
Appointment of Additional Director: Process, Legal Provisions, and Practical Guide
An Additional Director is a director appointed by the Board of Directors between two Annual General Meetings. This appointment is temporary in nature and is made to address immediate business or governance needs.
What Is Commercial Tax? Meaning, Types & Examples
In simple words, Commercial Tax is a tax imposed by the State Government on commercial activities. It is an indirect tax, meaning the business pays it to the government, but the cost is ultimately recovered from the customer.
About GST – How to get a GST number?
A gst number is a 15-digit alphanumeric code assigned to every registered business. Think of it as your business's unique identity card for all tax-related matters.
GST on Residential Property Rent – Who Is Liable to Pay Tax?
The applicability of GST on residential property rent has been a subject of confusion, especially after key amendments under the GST regime. Landlords, tenants, and businesses often struggle to determine whether GST is applicable, who is liable to pay it, and when exemptions apply.
Form 16 and Form 16A – Meaning, Difference and Importance
When it comes to income tax compliance in India, documents related to Tax Deducted at Source (TDS) play a critical role. Among these, Form 16 and Form 16A are the most commonly used TDS certificates.
Different Ways to Invest in Silver and Its Taxes: What Every Indian Investor Should Know?
Silver has steadily emerged as a practical and affordable investment option for Indian investors. Apart from its cultural significance and aesthetic appeal, silver is increasingly valued for its industrial use and long-term growth potential.