GST Impact on various sectors

S. NO. INDUSTRY CURRENT GST IMPACT 1 Banking Sector 15% 18% Negative 2 Consumer Staples 22% 18% Positive 3 Consumer Discretionary 15% 18% Negative 4 Media 15% +7% Entertainment Tax 18% Positive 5 Telecom 15% 18% Negative 6 Auto 27% 18% Positive 7 Metals 18% 18% No Impact 8 Cement Read More …

Apply Online Government Grant – NGO

A non-governmental organization (NGO) is basically a legally constituted organization which is operated by legal persons who act independently from any government. In those cases where the NGOs are funded partially or completely by governments, the NGO barred the government representatives from any membership in the organization in order to Read More …

Cost Sheet – Entity Registration In Delhi

  Cost Sheet – Entity Registration In Delhi Particulars LLP (Capital 1 Lakh) OPC (Capital 1 Lakh) Private Limited (Capital 1 Lakh) Public Limited (Capital 5 Lakh) Section 8 (Capital 1 Lakh) Digital Signatures (1/2/3@700) 1400.00 700.00 1400.00 2100.00 1400.00 DIR-3 (Application for DIN) 1000.00 500.00 1000.00 1500.00 1000.00 INC-1/LLP1 Read More …

FAQ’s on TRUST

What is a trust? Trust in the normal course is referred to as the confidence which one person reposes in another person to whom he transfers the property with an obligation that the funds so generated therefrom shall be utilized for the charitable and religious purposes . How are the Read More …

Format of Charitable Trust Deed

NGO Formation in INDIA If you want to register NGO in India; according to us you have to know first what is a NGO??? NGO is non-governmental organizations which are task-oriented and driven by people with a common interest. We can also say that any non-profit, voluntary citizen’s group which Read More …

Common Seal – CA, 2013

We all are aware that a Company being an artificial person does not have a physical presence. Therefore, it acts through its Board of Directors for carrying out its activities and for entering into various agreements or contracts. The Company uses Common Seal as its Signature.  What is common seal? Read More …

Word Format of Charitable Society Bylaws with Basic Requirements of Society Registration

The rules and regulations enacted by an association or a corporation to provide a framework for its operation and management. Bylaws may specify the qualifications, rights, and liabilities of membership, and the powers, duties, and grounds for the dissolution of an organization. Societies are registered under the Societies Registration Act, 1860, which Read More …

Format of Board resolution for authorizing person to apply class III DSC

The Business Dictionary website defines a letter of authorization as a “written confirmation of a person’s rank, authority, ability to enter into a legally binding contract, take a specific action, spend a given sum, or delegate his duties and powers.” The letter gives a person or third party express permission Read More …

Formalities to be carried out immediately after Incorporation of the Private Limited Company

According to the Companies Act, 2013, every company, after incorporation, shall be required to follow the provisions of the Companies Act 2013. Following are some Post-incorporation formalities / requirements to be followed mandatory: Appointment of Statutory Auditor Pursuant to section 139(6) (1) the first auditor of the company, (who is Chartered Accountant), Read More …

Appointment of First Auditor of Newly Incorporated Company – as per CA, 2013

Hello everyone; trust all of you doing well. In this write-up we are trying to increase you knowledge about How to appoint first auditor of the newly incorporate company. Applicable Section – 139(6) of CA, 2013 Notwithstanding anything contained in sub-section (1), the first auditor of a company, other than Read More …