M/S CLAY CRAFT (INDIA) PVT. LTD (AAAR – RAJASTHAN) Applicant : Private Limited Company engaged in Manufacturing of Bone Chine (crockery/transfer sheet Decalcomania) having 6 directors. Question: Whether RCM is applicable on salary (Director) ? What is the answer if director is also part time director in other company ? …
In this Article we will discuss about the while components of financial literacy in a chart form. Financial Literacy : This is the tool to manage your funds & through that one can create wealth. Lets make yourself financially independent through the basics of Financial Literacy.
Create your own way to generate the wealth Basic : Initiate your own Practice and explore the world of Possibilities. Steps to become Entrepreneur : Constitution of the Setup : Let’s Discuss about various Stages of Setup :
In India, the MSME Act has introduced a 45-days payment rule for Micro & Small Enterprises. So, if you are a Micro or Small enterprise, and you have sold goods or provided services to a Buyer, the Buyer must make payments for the goods or services within a maximum period …
ISOs are implemented in today’s most of organizations and companies opt for ISO 9001 (Quality Management System) and 14001 (Environment Management Systems) at a minimum. There are other relevant ISO certification also exist for example ISO 17025, ISO 50001 and so on. The International Organization for Standardization is an international …
Definition and Basic concepts Explanation 2 of Sec 28 of income tax act, 1961 says that a contract for purchase or sale of any commodity, stocks or shares is periodically or ultimately settled, otherwise than by actual delivery covers under speculative business. One of the best example for speculative business …
Merchant Exports under GST A merchant exporter is a person or company that engages in the activity of exporting goods and services. They do not have a manufacturing unit, but instead buy goods from manufacturers and then sell them to foreign customers. Merchant exporters play an important role in the …
Steps to be followed: Drafting of Partnership Deed (It Includes the Declaration about Conversion) Filing of Returns by Proprietorship & Partnership Firm The taxpayer has to select the date from which the registration of proprietorship is to be cancelled and new GST registration of Partnership is applied. The taxpayer has to …
