Implementation of GST HSN Validation in E-Way Bill from 1st February 2024
According to the latest GST E-Way Bill Advisory, the e-way bill system will incorporate HSN validation effective February 1st February 2024, specifically targeting business-to-business (B2B) and business-to-export (B2E) transactions. The validation will introduce a 6-digit HSN code for businesses with an Annual Aggregate Turnover exceeding Rs. 5 Crores and a 4-digit HSN for turnovers up […]
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 […]
Advantages of Section 8 Company
“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 making a positive impact on […]
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 […]
Best Tax Saving Investments: Know here!
Incorporating tax-saving investment measures is a crucial aspect of effective financial planning. It not only helps individuals achieve their financial objectives but also minimizes their tax liabilities. To assist you in making informed decisions, here’s a comprehensive list of the best tax-saving investment options and plans for 2023: ULIP (Unit Linked Insurance Plan): Unit Linked […]
Legal Actions for Intellectual Property Infringement in India
Understanding Legal Actions for Intellectual Property Infringement in India | Expert Advice from Start-Up Kro Intellectual property infringement can lead to serious consequences in India, but resorting to legal measures can provide assistance. Gain knowledge about the available legal actions for different forms of infringement, ranging from copyright violations to trade secret breaches. In today’s […]
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 […]
Tax Benefits and Provisions for Startups in India: A Comprehensive Guide
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 has implemented various programs and […]
Startup India Scheme: A Guide to Benefits and Key Features
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 often find it […]