Setindiabiz Stories

TDS on Salary: What Employers Need to Know! Under Section 192 of the Income Tax Act, employers in India must deduct TDS from employee salaries and deposit it monthly. Ac...

Why file your ITR? Filing your Income Tax Return (ITR) offers key benefits like claiming tax refunds, carrying forward losses, and easy access to loans and visas. It's a...

🌍 India: A Hotspot for NRI & Foreign Investment! 🌱 LLP registration is now the go-to option for NRIs and foreign nationals, offering easy entry into India's booming ma...

Avoid common trademark mistakes: 🛡️ Secure digital trademarks, 🌐 register internationally, 💡 choose a unique name, protect your brand, conduct thorough searches, 🚫...

🚀 Start Your Food Business in India! 🍽️ Plan your concept, choose the right business structure, secure funding, get necessary licenses, hire staff, and market your ven...

JSCs are owned by shareholders investing in exchange for shares. Types include Public, Private, and more. Benefits: limited liability, easy capital access, and share tra...

The minimum GST registration limit is key for determining if a business needs to register for GST and comply with tax rules. 🚨 These limits, based on annual turnover, w...

📜 To change the Main Object Clause in a company's MOA: 1) Call a Board Meeting, 2) Pass a Board Resolution, 3) Hold a General Meeting, 4) File form MGT-14 with the ROC...

Changing a company's name involves these steps: pass a board resolution, check name availability on the MCA portal, pass a special resolution at an EGM, file forms MGT-1...

To register a Private Limited Company in India, you need at least 2 shareholders and 2 directors (one Indian resident) 🧑‍🤝‍🧑, a unique company name 📜, a registered o...

Public limited companies 💼 face challenges like increased regulations 📜, ownership dilution 📉, and public scrutiny 👀. Going public IPO 📈 is costly and time-consumin...

Capital gains are classified into short-term and long-term based on how long assets are held. Short-term gains apply when assets are sold within a year, while long-term...

Filing an NRI ITR can be complex. Determine your residency status 🗺️, choose the right ITR form 📄, calculate income, claim deductions , utilize DTAA benefits 🤝, file...

📝 Closing an LLP? Hold a meeting, cease operations, close bank accounts, and prepare documents. File Form 24. Ensure no operations for 1+ year, no assets/liabilities, p...

LLPs compensate partners through interest on capital 💰, remuneration/commission 💼, profit sharing 📈, and bonuses 🎉. The LLP Agreement outlines the specific terms and...

Simplifying share certificate franking in India! 🌟 Steps include determining stamp duty, gathering documents, visiting the Stamps Office, submitting your application, p...

🔍 Share forfeiture allows companies to reclaim shares from shareholders who fail to meet financial obligations under the Companies Act, 2013. This blog explains the mea...

Explore wholly-owned subsidiaries: ideal for global market entry with full control and brand consistency. Learn about benefits like IP protection and efficient resource...

For GST return filing, key forms like GSTR 1 (Outward Supplies) and GSTR 3B (Summary of GST Liabilities) require supporting documents such as invoices, turnover details...

GSTR-3B is a vital monthly return for GST taxpayers in India. It aids in tax calculation, compliance, ITC reconciliation, and record-keeping 📊🧾, helping avoid penaltie...