India's tax system comprises direct taxes, like Income Tax and Corporate Tax, paid directly by individuals or entities, and indirect taxes, like GST and Customs Duty, which are levied on goods and services and paid indirectly.

One Person Company (OPC), as the name suggests, means a company which has only one person as a member. In other words, the sole member is the only shareholder and director in the company

Foreign Direct Investments (FDI) can be made under two routes—Automatic Route and Government Route. Under the Automatic Route, the foreign investor or the Indian company does not require any approval from the Reserve Bank of India (RBI) or the Government of India.

A step-by-step guide to incorporating a Private Limited Company, covering document, compliance, and legal formalities for registration.

One of the most significant updates is the introduction of the Invoice Management System (IMS) on the GST portal. This system is expected to play a crucial role in simplifying the transmission of invoices and improving the availment of Input Tax Credit (ITC).

When it comes to managing your business finances, two pressing questions often arise: “How much will the finance and accounting function cost?” and “How often are tax filings done?” Understanding these factors can help you make informed decisions and optimise your business’ financial strategy.

Annual returns are a vital part of corporate compliance in India, ensuring that companies meet their regulatory obligations and maintain transparency. Among the various compliance requirements, Form AOC-4 and MGT-7 play crucial roles in the annual reporting process for companies. This blog delves into the specifics of AOC-4 and MGT-7, exploring their significance, requirements, and the impact they have on corporate governance. 

Form 11 is an annual return required for Limited Liability Partnerships (LLPs) in India, to be filed with the Registrar of Companies (RoC) via the Ministry of Corporate Affairs (MCA) website.

This Blog explains in detail the basics of Advance Tax - who is it is applicable on and how it is to be calculated

TDS or Tax Deducted at Source is income tax paid to the Government by the payer of the income rather than by the recipient of the income. In other words, it is the amount of tax withheld or reduced from the total money paid to the recipient of income.

The fastest growing economy in the world, India is an important market globally. Be it access to the Indian talent pool or expansion into the Indian consumer market, setting up a company in India is on the growth roadmap for many companies across the globe. 

Foreign companies are actively seeking opportunities to play a part in the India growth story. Since the launch of the Make in India initiative, the Government of India has taken several reform initiatives to create an enabling environment for setting up a subsidiary in India.

Operating a Private Limited Company (PLC) in India involves complying with various statutory and regulatory requirements governed by both State and Central Acts.

A private limited company is the most flexible and credible structure of businesses. It is a type of structure wherein investors can be separate and the people managing the company that is directors can be different.

A Limited Liability Partnership (LLP) is a partnership in which some or all partners have limited liabilities. It therefore can exhibit elements of a partnership firm and a private limited company, where the business is carried out in a corporate framework, guided by terms of the mutually adopted partnership deed.

Track employee leaves, performance, salary disbursements while staying 100% compliant with local employment and payroll laws.

You can pay GST either via net banking or use a debit/ credit card. However, it is important to note that only certain banks are authorised for payments on the GST department's website.

Set up your remote team in any part of India. We help you onboard employees and contractors, execute customized contracts and set up regular payouts.

At the helm of a company's financial operations, a CFO steers the ship using data-driven strategies. They delve into annual budgeting, cash management, and the critical evaluation of key performance indicators (KPIs). 

The distinction between an employee and a contractor is crucial and has legal and practical implications for both employers and workers. The classification determines factors such as employment benefits, tax obligations, and the level of control exercised by the hiring party.

As an employer, In the normal course, you have to set up a legal entity or an office in the country where you want to hire employees. However, an Employer of Record allows you to hire employees without setting up an entity. 

In an era of boundless opportunities, the power of an Employer of Record service cannot be understated. With their expertise in managing international employment complexities, EORs empower businesses to expand globally, hire top talent, and focus on what truly matters – building a thriving and innovative future.

Knowing your burn rate and runway isn’t just about numbers on a screen; it's your startup's lifeline. Reducing burn rates might seem like the obvious solution, but it requires informed decision making.

The most common question faced by entrepreneurs planning to register their businesses as a separate legal entity is whether to incorporate a Private Limited Company or a Limited Liability partnership. There are advantages and disadvantages of both and the decision to choose the legal structure requires careful consideration according to the founding team’s vision.

Any form filed for online company registration in India shall be submitted only after affixing the Digital Signature Certificate (DSC) of the Applicant

A Limited Liability Partnership (LLP) is a hybrid business structure that combines the best aspects of a Partnership and a Company.

Director Identification Number (DIN) is a unique 8 digit number allotted to an individual who is appointed as a director of a company. It has lifetime validity so each director’s details are maintained in the database of the Ministry of Corporate Affairs until the DIN is surrendered.

Manage your business’s accounting, track balance sheet and profit and loss remotely