In the case of a company operating pursuant to Section 8 of the Act, the board of the company may decide to conduct CSR activities authorized for the company by the CSR committee of the company or a registered trust or company founded by the company, either individually or in...
"Section 8 of the Companies Act, 2013", which encompasses non-profit organizations focused on arts, science, religion, research, education, and more, offers a range of advantages that set them apart from other companies. These organizations, commonly known as non-profit organizations (NPOs), operate with the primary objective of serving the public and...
Introduction At Start-Up Kro, we aim to provide comprehensive information to start-ups on various aspects of business management. In this article, we will delve into the concept of Annual Compliance for LLP (Limited Liability Partnership) and shed light on the advantages, disadvantages, and various compliance requirements associated with LLPs. By understanding...
In the era of E-commerce, where everyone is selling Online. It becomes crucial to make note of Legal Metrology to be used on E-commerce Websites. In the absence of the same, the companies can attract penalties. We have listed out many important regulations, though in case you want to get...
The appointment of a director must adhere to the qualifications outlined in the Companies Act, 2013. It is not only a matter of significant supervision but also a regulated procedure that every company must follow. According to the Act, only an individual person can be appointed as a director; firms,...
What is GST Return Filing? GST return filing is a crucial requirement for businesses registered under the Goods and Services Tax (GST) system. It involves submitting the necessary details of sales, purchases, and tax collections and payments on a monthly, quarterly, or annual basis, depending on the business. The implementation...
Introduction: Goods and Services Tax (GST) is a comprehensive tax levied on the supply of goods and services in India. It is a single tax system that has replaced multiple taxes such as VAT, Service Tax, and Excise Duty, making the indirect tax structure in the country simpler. However, understanding...
India has become a leading player in the world of startups and technology. However, the disruption caused by the COVID-19 pandemic has resulted in a call for a relief package for startups and venture capitalists in the country. To support and encourage the growth of startups in India, the government...
The Startup India scheme was established to promote innovation among upcoming entrepreneurs and trigger economic growth. Through this initiative, the Indian government aims to embrace new ideas, research, and innovation. Here is a guide to the benefits of Startup India registration and its key features. Benefits of Startup India Registration Self-Certification Startups...
We have listed down various Necessary Compliances for Company (Private Limited) in the Companies Act 2013. The MCA recently launched the LLP Settlement Scheme, in 2020 to provide relief to LLPs during the COVID-19 outbreak. This scheme includes a one-time waiver of penalties for non-compliance with certain requirements and an extension...
