ROC Alert: Penalty for non-maintenance of registered office
Ensuring compliance with Section 12 of the Companies Act, 2013, mandates every company to uphold its registered office. The Companies (Incorporation) Third Amendment Rules, 2022, introduced a pivotal change through the addition of Rule 25B. This rule outlines the stringent process for physically verifying a company’s registered office. The Registrar of Companies (ROC) oversees this […]
How To Name Your Section 8 Company?
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 conjunction with other companies. In […]
Understanding Annual Compliances for LLP: Benefits and Obligations
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 these obligations, start-ups can […]
E-Commerce Legal Metrology Package Labeling Laws
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 your website legally audited by […]
Appointment and Qualification of a Director
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, institutions, corporations, or other entities […]
GST Return Filing: Start-Up Kro
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 of GST in India has […]
Know all about GST Registration in India
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 and calculating GST can be […]
Top 10 Benefits of MSME Registration in India: Everything You Need to Know
Here is the list of the 10 Top Benefits of MSME Registration / UDYAM Registration in India. The MSME (Micro, Small & Medium Enterprises) sector enables citizens of the country to pursue their entrepreneurial dreams, resulting in job creation and diversification of the region’s Gross Domestic Product (GDP). By offering access to loans, employment opportunities, […]
Nidhi Company Compliances After Incorporation
When a company is incorporated, it is crucial to ensure that all necessary compliance requirements are met. This ensures that the company is operating in a lawful and ethical manner and can prevent potential legal issues. In this article, we will discuss the key compliance measures that must be followed by Nidhi companies after incorporation. […]
Alert! Income Tax Notice under Section 148 to Crypto Traders
Income Tax Notice to Crypto-Currency Traders Many cryptocurrency traders have recently received notices from the Income Tax Department under Section 148A(b) of the Income Tax Act (ITA). These notices were sent to individuals who engaged in cryptocurrency trading but did not report it on their Income Tax Returns (ITR) or pay the associated taxes. The […]