Category: Legal
Maximize Your Savings with Efficient GST Refund Claims
Claiming GST refunds can help businesses to maximize their savings and reduce their tax liabilities. GST refunds are available for businesses that have paid more GST than they have collected from their customers. This can occur when businesses make purchases for their operations that are not recoverable under the GST system. To claim a GST refund, businesses need to follow the correct procedures and provide…
Eligibility Criteria for Charitable Trust Registration Under Income Tax Act
The eligibility criteria for charitable trust registration under the Income Tax Act are as follows. The trust must be established for charitable purposes, which include relief of poverty, advancement of education, advancement of religion, and any other object of general public utility. The trust’s activities should be genuine and not aimed at profiting individuals or specific groups. The trust’s income and property should be solely…
Complete guide and Eligible to Apply for Trademark Registration.
Trademark registration can be obtained for words, logo, numerals, slogan, device and more in India. Trademark helps individuals and companies to create a brand name in the market by which, general public comes to associate one’s product with a mark and also helps to understand the origin and quality of certain goods and services. The application must be filed mentioning the trademark, name and address…
Outsourced Virtual CFO Services in India | Virtual CFO Experts
A virtual CFO provides different services; they are expected to provide additional services because there are typical clients with small businesses and startups. A virtual CFO services frequently follow the financial pyramid of needs. At the most basic level, a virtual CFO is expected to be the client’s bookkeeper, responsible for the accuracy of the account books and interpreting financial information from accounting data for…
GST Annual Return Filing: A Complete Guide for Businesses
Filing the GST annual return is an important compliance requirement for businesses registered under the Goods and Services Tax (GST) regime in India. This comprehensive guide aims to provide businesses with a clear understanding of the GST annual return filing process. It covers the basics of GST annual return, the types of annual returns to be filed, the information and documents required, the due dates,…
Benefits of outsourcing GST compliance services to a professional GST consultant
Outsourcing GST compliance services to a professional GST consultant offers several benefits. First, it ensures accurate and timely filing of GST returns, minimizing the risk of errors and penalties. Second, it allows businesses to stay updated with changing GST regulations and compliance requirements, as the consultant keeps track of any updates and ensures compliance accordingly. Third, it saves time and resources for businesses, as the…